Tag: Trade

  • Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81

    Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81


    Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability.

    Imports

    Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba.

    Key imported commodities included mineral fuels, iron/steel, electrical machinery, mechanical appliances, and vehicles. The surge in these imports reflects shifting consumer demands and evolving industrial needs within the country.

    Exports

    On the contrary, Nepal’s exports amounted to Rs. 1.13 Kharba during the nine-month period, primarily led by sectors like coffee, tea & spices, iron/steel, and man-made staple fibers, which constituted the bulk of export volumes.

    However, exports have witnessed a decline of about 3.66 percent compared to the previous year’s exports valued at Rs. 1.18 Kharba. This decline poses a significant challenge to economic growth and stability, impacting vital indicators such as GDP, exchange rates, inflation, and interest rates.

  • Surge in Nepal’s Gold Market: New All-Time High Reached on April 10, 2024

    Surge in Nepal’s Gold Market: New All-Time High Reached on April 10, 2024


    Nepal’s gold market has witnessed an unprecedented surge, reaching a new all-time high on April 10, 2024. According to the Federation of Nepal Gold and Silver Traders’ Association, fine gold has experienced a significant increase of Rs. 500, pushing its price to an exceptional rate of Rs. 1,36,800 per tola, up from its previous rate of Rs. 1,36,300. Similarly, Tejabi gold, another highly sought-after variant, has also seen a rise, now valued at Rs. 1,36,150 per tola, marking a consecutive increase of Rs. 500 from its previous rate of Rs. 1,35,650.

    Just the day before, on April 9th, 2024, fine gold had surged to an all-time high of Rs. 1,36,300 per tola. Additionally, the price of silver has also surged, setting new records. Presently priced at Rs. 1,700 per tola, silver witnessed an increase of Rs. 15 from the previous day’s rate of Rs. 1,685 per tola.

    The domestic market is witnessing an upward trend in prices, while the international market also plays a significant role. According to the latest update, the current gold rate stands at $2,356.40 per ounce. Internationally, silver remains constant, with prices reaching $28.09 per ounce.

  • When will SLBSL start its first trade after meger?

    When will SLBSL start its first trade after meger?


    SLBSL and BPW went on a merge and the transaction was halted from Falgun 24.
    When will SLBSL start its first trade after merger?


    View on r/NepalStock by AmateurInvestorNepal


  • How long can trade continue after it has hit circuit? How much circuit-price volume is required to stop the scrip?

    How long can trade continue after it has hit circuit? How much circuit-price volume is required to stop the scrip?


    Eg. Today, even after hitting negative circuit of Rs 974.5, the shares of Sarbtm continued to trade for many hundreds of individuals. When is the scrip halted to trade?


    View on r/NepalStock by UKtheAsian


  • Question: Can international student currently residing in Australia trade from Abroad?

    Question: Can international student currently residing in Australia trade from Abroad?


    Hi, I’m currently in Sydney as an international student and I was wondering if I could trade on secondary market from here. And what requirements do I have to fulfill for that.
    Thanks!


    View on r/NepalStock by TeaInfamous6747