Tag: Investing

  • Gold Drops by Rs. 5,600 Per Tola in a Week, Now at Rs. 106,600

    Gold Drops by Rs. 5,600 Per Tola in a Week, Now at Rs. 106,600


    In the local market today, the price of fine gold has decreased by Rs. 1,300 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 1,06,600 per tola, down from yesterday’s rate of Rs. 107,900 per tola. Tejabi gold is also trading lower at Rs. 1,06,100 today, compared to yesterday’s rate of Rs. 107,400 per tola.

    Additionally, silver has experienced a decrease of Rs. 30 per tola and is currently being traded at Rs. 1,310 per tola, down from the previous day’s closing rate of Rs. 1,340 per tola.

     

  • GIBF1 Proposes 5% Cash Dividend for FY 2079/80

    GIBF1 Proposes 5% Cash Dividend for FY 2079/80


     

    Global IME Balance Fund-I (GIBF1) plans to provide a 5% cash dividend to its unit holders for the fiscal year 2079/80. This decision was made during the 165th board meeting of Global IME Capital Limited on October 1, 2023 (Ashwin 15). The cash dividend amounts to Rs. 5.12 Crores and will be distributed to the unitholders of GIBF1.

    GIBF1 is a closed-end fund with a maturity period of 10 years and a fund size of Rs. 1.02 Arba.

     

  • Sanima Mai Hydropower Proposes 10.52% Dividend for FY 2079/80; AGM on Kartik 23

    Sanima Mai Hydropower Proposes 10.52% Dividend for FY 2079/80; AGM on Kartik 23


     

    Sanima Mai Hydropower Limited (SHPC) has recommended a dividend of 10.5263% for the fiscal year 2079/80. They have also scheduled their 12th Annual General Meeting for November 6, 2023 (Kartik 23, 2080).

    In a board meeting held on October 1, 2023 (Ashwin 15, 2080), the company decided to distribute this dividend, consisting of 0.5263% in cash and 10% in bonus shares, based on their paid-up capital of Rs. 3.08 Arba. This translates to bonus shares worth Rs. 30.89 Crores and cash dividends totaling Rs. 1.62 Crores, which includes taxes related to the bonus shares.

     

  • IPO Allotment: Vision Lumbini Urja Company Allocates Shares to Overseas Nepalese on 15th Ashwin

    IPO Allotment: Vision Lumbini Urja Company Allocates Shares to Overseas Nepalese on 15th Ashwin


    Vision Lumbini Urja Company Limited has completed its IPO share allocation to foreign Nepalese employees on September 30, 2023. The company has a total issued capital of Rs. 1.91 Arba, with 10% (19,12,500 units) of shares, worth Rs. 19.12 Crores, allocated to project-affected locals of Kaski District. An additional 10% (19,12,500 units) will be offered to the general public later. Out of this public offering, 10% (191,250 units) was designated for Nepalese citizens working abroad from August 19 to September 2, 2023.

    The IPO received a total of 29,822 applications for 7.52 lakh units of shares according to the allotment plan.

     

  • NSBD98, 9% Nepal SBI Bank Debenture 2089, Listed on NEPSE

    NSBD98, 9% Nepal SBI Bank Debenture 2089, Listed on NEPSE


    On Tuesday, September 30, 2023, Nepal SBI Bank (SBI) and the Nepal Stock Exchange (NEPSE) signed an agreement to list 9 Percent Debenture 2089 (NSBD98). As part of the agreement, 1,418,366 units of these debentures will be listed at a par value of Rs. 1000 per unit. Trading of these shares is expected to commence on Wednesday.

    The issue management for this listing was handled by NMB Capital Limited. The shares were officially listed on NEPSE on September 30, 2023, in accordance with existing regulations.

     

  • NEPSE Closes at 1,958.72, Down 17.56 Points; CLI Tops in Turnover

    NEPSE Closes at 1,958.72, Down 17.56 Points; CLI Tops in Turnover


     

    In today’s Nepal Stock Exchange (NEPSE) trading session, the NEPSE Index closed at 1,958.72 points, marking a significant loss of 17.56 points or 0.88% compared to the previous day’s close. It had gained 5.19 points the day before.

    The trading day began with the index opening at 1,977.83, reaching a low point of 1,954.13, and hitting a high of 1,978.27 during intraday trading.

    Throughout the day, there were 281 different stocks traded in 55,096 transactions. The total volume of shares traded was 3,965,917, resulting in a total turnover of Rs. 1.19 Arba. The market capitalization was at Rs. 29.86 Kharba, with a float market capitalization of Rs. 10.51 Kharba.

     

  • Would putting money in a stock with a beta of 1 be the same as investing in an index fund?

    Would putting money in a stock with a beta of 1 be the same as investing in an index fund?


    Movement of both would mirror the movement of the market haina ta?

    View on r/NepalStock by panauti_12

  • Absolute Beginner in secondary market and i wanna start investing i plan to start low and keep adding stocks is it right time to begin now or should i wait more?

    Absolute Beginner in secondary market and i wanna start investing i plan to start low and keep adding stocks is it right time to begin now or should i wait more?


    i have around 55k collected from ipo and some personal savings. i wanna start investing now as it seems we are at low point rn . where should i get started and i am willing to take risk till my 55k dips to 40k or i will keep adding around 10k monthly if it seems good. which sector or specific share are best option for beginner? also how long before we start seeing progress to around 2500 2600? months or years ? is going from 3000 to 1900 normal or was it unexpected and would take some years to get to around 3k or this 3k to 1900 cycle happens now and then? sorry if it hurts your brain i didnt research much before posting here.

    View on r/NepalStock by Lanky_Ad_7151

  • Is SIP good for investing in Nepal

    Is SIP good for investing in Nepal


    Well i found that SIP don’t need extensive research of market and it is relatively safe but what’s it’s condition in Nepal how safe is it or there is an good alternative

    View on r/NepalStock by aoki678

  • Multipurpose Finance Company Allocates 35% Right Shares, Begins Refunds for Non-Allottees on Ashwin 16

    Multipurpose Finance Company Allocates 35% Right Shares, Begins Refunds for Non-Allottees on Ashwin 16


    Multipurpose Finance Company Limited (MPFL) has recently allocated 15,82,000 units of right shares to its shareholders on the 12th of Ashwin. For those who didn’t receive these shares, the company will begin refunding their money starting on the 16th of Ashwin, 2080.

    This offering of 35% right shares by the finance company was open from the 10th to the 31st of Bhadra, 2080. These 15,82,000 units of right shares were issued to eligible shareholders at a par value of Rs. 100, utilizing funds from the paid-up capital, which was initially Rs. 45.20 Crores. Consequently, with the issuance of these right shares in a ratio of 1:0.35, the company’s paid-up capital will increase to Rs. 61.02 Crores.

     

  • Last Day to Claim Dividends from Everest Bank and NIC Asia Bank – Don’t Forget!

    Last Day to Claim Dividends from Everest Bank and NIC Asia Bank – Don’t Forget!


     

    Today marks the final opportunity to claim dividends from Everest Bank Limited (EBL) and NIC Asia Bank Limited (NICA).

    EBL has scheduled its 29th Annual General Meeting (AGM) for the 30th of Ashwin, 2080, at Lainchaur Banquet in Kathmandu, commencing at 11 a.m. During this meeting, one of the key agenda items is the approval of a 20.53% dividend for the fiscal year 2079/80. This dividend comprises a 10.53% cash dividend and a 10% bonus share, as decided by the Board of Directors in their 357th meeting on Bhadra 27. EBL’s current paid-up capital is Rs. 10.69 Arba, and the cash dividend includes taxes associated with the bonus shares.

     

  • Global IME Capital Mutual Fund Sees Rise in Net Loss and NAV Decline

    Global IME Capital Mutual Fund Sees Rise in Net Loss and NAV Decline


    The Net Asset Value (NAV) report for “Global IME Balanced Fund – 1 (GIBF1)” in the month of Bhadra is out.

    This is a closed-end fund with a 10-year maturity period and a fund size of Rs. 1.02 Arba.

    In Bhadra, the NAV stands at Rs. 9.76, slightly down from the previous month’s Rs. 9.82. The fund has invested Rs. 77 Crore in listed shares and Rs. 4.36 crore in non-listed shares.