Tag: o

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

    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 trades, 265 scrips changed hands. A total of 3,056,775 shares were traded, totaling Rs. 97.45 crores in turnover. This is less than the previous day’s turnover of Rs. 1.653 Arba.

  • Dolti Power IPO Received Rs. 1.47 Arba From 13.39 Lakh Applicants As of the Last Day

    Dolti Power IPO Received Rs. 1.47 Arba From 13.39 Lakh Applicants As of the Last Day


    Dolti Power Company Limited concluded its Initial Public Offering (IPO) of 12,71,861 unit shares to the general public today, March 3, 2080. The issue debuted on Chaitra 28th, 2079. This IPO is expected to generate Rs 13.46 crore for the firm.

    Previously, the business awarded 536,486 unit shares worth Rs. 5.36 crores to project-affected residents of Dailekh District, with just 141,820 units allocated to legitimate applicants. As a result, the remaining 394,666 unsubscribed shares of project-affected locals are added to the 10,72,972 units (20% of the issued capital designated for the general public) to produce a total of 14,67,638 units for the general public.

     

  • Muktinath Bikas Bank and Sadhana Laghubitta distributed bonus shares to shareholders’ demat accounts.

    Muktinath Bikas Bank and Sadhana Laghubitta distributed bonus shares to shareholders’ demat accounts.


    Muktinath Bikas Bank Limited (MNBBL) has given 13.5% bonus shares directly to its owners’ DEMAT accounts and encouraged them to dematerialize their shares.

    On 30th Poush, 2079, the bank had its 16th AGM for FY 2078/79. The AGM approved a dividend of 14.2105% for fiscal year 2078/79. The board of directors resolved on Poush 01 to disburse the dividend on the paid-up capital of Rs. 5.65 Arba. There was a proposal for 13.5% bonus shares worth Rs 76.37 crore and 0.7105% cash dividend (including bonus shares for tax purposes) of Rs 4.01 crore. Demat accounts are now receiving the same bonus dividend.

     

  • Pokhara Finance, Union Life Insurance Company, and Mahalaxmi Bikas Bank Bonus Shares Listed on NEPSE

    Pokhara Finance, Union Life Insurance Company, and Mahalaxmi Bikas Bank Bonus Shares Listed on NEPSE


    Pokhara Finance Limited (PFL) has launched 4,16,367.92 unit bonus shares on NEPSE.

    On 30th Poush, the business had its 26th AGM and approved a dividend of 4.21% for fiscal year 2078/79. The Board of Directors voted at its 512th meeting to pay a dividend of 4.21% on the paid-up capital of Rs. 1.04 Arba. A 4% bonus dividend of Rs. 4.16 crores was proposed, as well as a 0.21% cash dividend (for tax purposes) worth Rs. 21.85 lakhs. NEPSE now lists the same bonus shares.

    PFL ended yesterday at Rs. 378.50.

    Similarly, Union Life Insurance Company Limited (ULI) has 19,28,550 unit bonus shares listed on NEPSE.

     

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

    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 transactions, 270 scrips changed hands. A total of 4,913,702 shares were traded, totaling Rs. 1.653 Arba in turnover. This is less than the previous day’s turnover of Rs. 1.976 Arba.

    SHIVAM CEMENTS LTD (SHIVM) shares were the most actively traded, with a total turnover of Rs. 8.42 crores at a market price of Rs. 405 per share.

     

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

    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 Cooperating”; it has been withdrawn from watch with negative implications and moved to the issuer not cooperating category with notice of withdraw

  • For the month of Baishakh, the NBA has decided to reduce interest rates to single digits.

    For the month of Baishakh, the NBA has decided to reduce interest rates to single digits.


     

    According to the Nepal Bankers Association (NBA), the interest rate on fixed deposits would be reduced beginning in the approaching month of Baishakh, 2080. The majority of banks indicated support for decreasing the interest rate at the Bankers’ Association meeting on Wednesday, and the decision was taken to also cut the term interest rate.

    The NBA, the umbrella organization for commercial banks, has resolved to slash interest rates. As a result, it has been agreed to reduce the interest rate on personal deposits by 10%. As a result of this change, the interest rate on fixed deposits has now fallen into the single digits.

     

  • Development banks have decided to lower the interest rate on fixed deposits 

    Development banks have decided to lower the interest rate on fixed deposits 


    During its conference, the Development Bankers Association, an association of Development Bank CEOs, also resolved to drop the interest rate. The committee members have agreed to reduce the deposit interest rate by 1%.

    According to development banks, the interest rate on personal term deposits will now be 10.6 percent rather than 11.6 percent. Similarly, the interest rate on institutional term deposits has been reduced to 8.60 percent. It was also decided to reduce the savings interest rate by 0.60 percentage points. The lower interest rate will take effect on the first

     

  • The Makar Jitumaya Suri Hydropower IPO has concluded.

    The Makar Jitumaya Suri Hydropower IPO has concluded.


    Makar Jitumaya Suri Hydropower Company Limited’s first public offering (IPO) was completed today at Prabhu Capital Limited in Kathmandu.

    Makar Jitumaya Suri Hydropower Company Limited released 1,337,302 units worth Rs 13.37 crores to the general public as an Initial Public Offering (IPO) (Chaitra 19- 22, 2079).

     

  • The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies

    The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies


     

    The Nepal Insurance Authority has licensed two more microinsurance businesses.

    At its meeting on Tuesday, the authority’s board of directors voted to provide licenses to two more micro insurance companies. The authorities have given licenses to Protective Micro Insurance Ltd Nepal and Crest Micro Life Insurance Ltd.

  • Molung Hydropower Company and Sagarmatha Jalvidyut Company IPO Shares Listed on NEPSE

    Molung Hydropower Company and Sagarmatha Jalvidyut Company IPO Shares Listed on NEPSE


     

    NEPSE has listed 80,25,000 unit IPO shares of Molung Hydropower Company Limited. This comprises promoter shares as well as shares offered to the general public and project-affected communities.

    The initial transaction range is Rs. 60.62 to Rs. 181.86. If the company executes the agreement with NEPSE, the IPO shares will trade in the secondary market the next day.

     

  • The NEPSE Index increased by an incredible amount due to the decline in interest rates. 92.22 out of 100

    The NEPSE Index increased by an incredible amount due to the decline in interest rates. 92.22 out of 100


    The NEPSE index closed at 1,963.55 today, up 92.22 points from the previous trading day’s close. This represents a 4.93% increase. Yesterday, the index rose 27.31 points. In the last three days, the index has gained approximately 125.07 points.

    Today’s opening price for the index is 1,871.46, which is also the intraday low. In contrast, it reached a high of 1,963.89 before closing at 1,963.55.