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Imports and exports both fell in the first nine months of fiscal year 1979/80. 1
Business | Market | Economy

Imports and exports both fell in the first nine months of fiscal year 1979/80.

  The foreign trade figures for Nepal for the first nine months of fiscal year 2079/80 have been released. According to government data released on Thursday, Nepal’s trade deficit reduced by 17.06 percent to Rs. 10.83 Kharba from Rs. 13.06 Kharba the previous year.  

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Market Roundup: NEPSE Increases in the Double Digits With Rs 87.21 Crores in Volume 3
NEPSE NEWS

Market Roundup: NEPSE Increases in the Double Digits With Rs 87.21 Crores in Volume

  The NEPSE index closed at 1,920.12 today, up 15.13 points from the previous trading day’s close. This represents a 0.79% increase. Yesterday, the index fell 3.07 points. Today, the index began at 1,903.36 and closed at 1,903.28. In contrast, it reached a high of 1,924.40 before settling at 1,920.12.

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Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta's net profit falls in the third quarter; NPL rises to 1.37% 5
IPO | FPO

Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta’s net profit falls in the third quarter; NPL rises to 1.37%

RSDC Laghubitta Bittiya Sanstha (RSDC) has released its third-quarter report for FY 2079/2080, which shows an 8.81% decrease in Net Profit. According to the company’s report, net profit fell to Rs. 8.69 crores from Rs. 9.43 crores in the previous year’s similar period. The company’s distributable profit after PL Appropriation and Regulatory Adjustments was Rs […]

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NEPSE drops just 0.16% to settle at 1,904.98. 7
NEPSE NEWS

NEPSE drops just 0.16% to settle at 1,904.98.

The NEPSE index finished at 1,904.98 today, down 3.07 points from the previous trading day’s close. This is a 0.16% decrease. Yesterday, the index dropped 23.64 points. The index began today at 1,905.96 and reached an intraday high of 1,911.51. In comparison, it dropped as low as 1,892.82 before closing at 1,904.98. 24429 transactions involved […]

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From Baisakh 11, Three Star Hydropower will issue an initial public offering (IPO) to residents of Khotang District and Nepalese working abroad. 9
IPO | FPO

From Baisakh 11, Three Star Hydropower will issue an initial public offering (IPO) to residents of Khotang District and Nepalese working abroad.

  Three Star Hydropower Limited has issued an offer letter to issue an Initial Public Offering (IPO) to Khotang District residents and Nepalese citizens working overseas. The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 11th to the 25th of Baisakh, 2080. It should be noted that […]

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NEPSE is down 23.64 points, with a Rs 92 crore intraday turnover. 11
NEPSE NEWS

NEPSE is down 23.64 points, with a Rs 92 crore intraday turnover.

  The NEPSE index finished at 1,908.04 today, down 23.64 points from the previous trading day’s close. This is a 1.22% decrease. Yesterday, the index fell 2.80 points. The index opened today at 1,931.84 and reached an intraday high of 1,937.65. In contrast, it dropped as low as 1,904.39 before closing at 1,908.04  

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Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra 13
IPO | FPO

Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra

Bhugol Energy Development Company’s initial public offering (IPO) was completed today at the offices of NIC Asia Capital Limited in Kathmandu. Bhugol Energy Development Company released 13,46,993 units worth Rs 13.46 crores to the general public as an Initial Public Offering (IPO) (Chaitra 23-27, 2079). 108,811 units have already been released and assigned to Nepalese […]

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NEPSE lost 0.14% on the first trading day of 2080, while intraday turnover remained at Rs. 97.45 crores. 15
NEPSE NEWS

NEPSE lost 0.14% on the first trading day of 2080, while intraday turnover remained at Rs. 97.45 crores.

The NEPSE index finished at 1,931.68 today, down 2.80 points from the previous trading day’s close. This is a 0.14% decrease. Last Thursday, the index fell 29.07 points. The index began today at 1,934.51 and reached an intraday high of 1,945.05. In comparison, it dropped as low as 1,918.52 before closing at 1,931.68. Through 33,149 […]

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The NEPSE Index fell 18.91% in a year, while total turnover dropped by 75%. 17
NEPSE NEWS

The NEPSE Index fell 18.91% in a year, while total turnover dropped by 75%.

The NEPSE index finished at 1,934.47 today, down 29.07 points from the previous trading day’s close. This is a 1.48% decrease. Yesterday, the index increased by 92.22 points. The index began today at 1,973.09 and reached an intraday high of 1,981.87. In comparison, it dropped as low as 1,928.93 before closing at 1,934.47. In 44,708 […]

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ICRA Nepal confirms the rating of NIC ASIA Bank's Rs 3 arba debenture as ICRANP LBBB. 19
Business | Market | Economy

ICRA Nepal confirms the rating of NIC ASIA Bank’s Rs 3 arba debenture as ICRANP LBBB.

  ICRA Nepal Limited has confirmed NIC Asia Bank Limited’s grade. The rating has been removed from the ‘Watch with Negative Implications’ category and moved to the “Issuer Not Cooperating” category, with the following notification for rating withdrawal: The rating agency has assessed the bank’s NPR 3,000 million subordinated debenture as [ICRANP] LBBB “Issuer Not […]

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