Rise

Recent bull run/ rise in banking sector 1
r/NepalStock

Recent bull run/ rise in banking sector

Any insights on why the banks are rising and if this current bull run is sustainable as it just broke the 2200 mark without retracement today. View on r/NepalStock by manishshr

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"Siddhartha Bank's Q4 Sees Strong Net Profit Growth, Doubled Impairment Allocation" 3
Business | Market | Economy

“Siddhartha Bank’s Q4 Sees Strong Net Profit Growth, Doubled Impairment Allocation”

Siddhartha Bank Limited (SBL) has released its fourth-quarter report for the fiscal year 2079-80, revealing a steady growth in its Net Profits, increasing by nearly 10 percent. In the last quarter of FY 2079-80, the bank’s profits reached Rs. 3.19 billion, a rise from the previous year’s Rs. 2.90 billion in the same period. The […]

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"CMF1 Leads with 9.05% Monthly Gain; NEPSE and Mutual Funds Show Annual Increase of 4.36% and 0.93%." 5
NEPSE NEWS

“CMF1 Leads with 9.05% Monthly Gain; NEPSE and Mutual Funds Show Annual Increase of 4.36% and 0.93%.”

  Currently, there are 34 closed-end mutual funds listed on the Nepal Stock Exchange (NEPSE), and 7 open-end schemes are directly traded with their respective fund managers. Among them, the Citizens Super 30 Mutual Fund (30CSMF) has issued its units to the public but is not yet listed for trading on NEPSE. Once it is […]

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"NMB Capital's Mutual Funds See NAV and Net Profit Rise in Ashad; Dividends Expected for Three Schemes" 7
Dividend

“NMB Capital’s Mutual Funds See NAV and Net Profit Rise in Ashad; Dividends Expected for Three Schemes”

  The NMB Saral Bachat Fund – E (NMBSBF) recently released its NAV report. This mutual fund operates as an open-ended fund with no maturity period, allowing the fund manager to increase its size as needed. As of Ashad, the fund size has grown to Rs. 1.24 Arba from Rs. 1.17 Arba in the previous […]

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"Gold Sets New Record at Rs. 1,13,600 per Tola in Nepal, Silver Price Also on the Rise" 9
Gold | Silver | Forex

“Gold Sets New Record at Rs. 1,13,600 per Tola in Nepal, Silver Price Also on the Rise”

Gold has reached a new record high in Nepal, with the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reporting that it is being traded at Rs. 1 lakh 13 thousand 600 per tola. This represents an increase of Rs. 500 compared to the previous day’s price. Just a day before, on Jestha 19, […]

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Macro Economic Indicators of FY 2022/23: Remittance Inflows Rise by 22.7%, Inflation at 6.83% 11
Business | Market | Economy

Macro Economic Indicators of FY 2022/23: Remittance Inflows Rise by 22.7%, Inflation at 6.83%

  As of mid-June 2023, there was a total outstanding concessional loan of Rs. 203.10 billion given to 147,510 borrowers. Out of this amount, Rs. 139.68 billion was provided to 61,235 borrowers for selected commercial agriculture and livestock businesses. Additionally, Rs. 60.46 billion was given as loans to 83,455 women entrepreneurs. In other specified sectors, […]

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Shubha Laxmi Kosh NAV Report: Fund Size at Rs. 28.14 Crores, Records Net Loss in Baisakh 13
Business | Market | Economy

Shubha Laxmi Kosh NAV Report: Fund Size at Rs. 28.14 Crores, Records Net Loss in Baisakh

The latest NAV report for “Shubha Laxmi Kosh,” an open-ended fund, has been released. As of the month of Baisakh, the fund size stands at Rs. 28.14 crores. The NAV for Baisakh is recorded at Rs. 9.26. Shubha Laxmi Kosh has invested Rs. 17.22 crores in listed shares and an amount of Rs. 488,276.89 in […]

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Taragaon Regency Hotel Reports Staggering 476.52% Surge in Net Profit for Q3 2079/80 15
Business | Market | Economy

Taragaon Regency Hotel Reports Staggering 476.52% Surge in Net Profit for Q3 2079/80

Taragaon Regency Hotel (TRH) has released its third-quarter report for the fiscal year 2079/80, showcasing a remarkable surge in Net Profit by 476.52% compared to the corresponding quarter of the previous fiscal year. The company has achieved an impressive Net Profit of Rs. 23.88 crores. TRH, the operator of Hyatt Regency Hotel, has also experienced […]

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Taragaon Regency Hotel Reports Impressive Q3 Results with 476.52% Surge in Net Profit 17
Business | Market | Economy

Taragaon Regency Hotel Reports Impressive Q3 Results with 476.52% Surge in Net Profit

The Taragaon Regency Hotel (TRH) has released its third-quarter report for the fiscal year 2079/80, revealing a significant surge in Net Profit. Compared to the same quarter in the previous fiscal year, the company’s Net Profit has increased by an impressive 476.52%, amounting to Rs. 23.88 crores. TRH, the operator of Hyatt Regency Hotel, has […]

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Citizens Mutual Fund 1 Reports NAV and Net Profit Increase in Chaitra 19
Business | Market | Economy

Citizens Mutual Fund 1 Reports NAV and Net Profit Increase in Chaitra

Citizens Mutual Fund-1 (CMF1), a 7-year closed-end mutual fund scheme, has released its monthly report for Chaitra 2079. According to the report, a mutual fund’s Net Assets Value (NAV) fell slightly from Rs. 9.18 to Rs. 9.19. The program, which began with a sum of Rs. 82 crores, has invested Rs. 48.38 crores in listed […]

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