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The NEPSE Index falls 18.15 points to close at 1,915.14; IPO Rookie Stocks MKHC and AHL Make a Positive Circuit 1
NEPSE NEWS

The NEPSE Index falls 18.15 points to close at 1,915.14; IPO Rookie Stocks MKHC and AHL Make a Positive Circuit

  The NEPSE index closed at 1,915.14 today, down 18.15 points from the previous trading day’s close. This represents a 0.94% decrease. Yesterday, the index fell 15.76 points. The index opened at 1,933.11 and reached an intraday high of 1,933.56 today. In contrast, it dropped as low as 1,905.96 before closing at 1,915.14. Through 29,685 […]

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Imports and exports both fell in the first eight months of fiscal year 1979/80. 5
Business | Market | Economy

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

The first eight months of Nepal’s fiscal year 2079/80’s foreign trade statistics have been released. According to government data released on Wednesday, Nepal’s trade deficit fell by 17.86 percent to Rs. 9.53 Kharba from Rs. 11.60 Kharba the previous year. The trade deficit is the amount by which a country’s imports cost more than its […]

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List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO 7
NEPSE NEWS

List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO

An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding […]

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Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon 9
IPO | FPO

Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon

The Securities Exchange Board of Nepal (SEBON) has added Api Power Company Limited (API) right shares to its preliminary review pipeline. The hydropower company intends to issue 40% right shares worth Rs. 1.65 Arba to its existing shareholders in the form of 16,533,137 (1:0.40) units of right shares. API’s current paid-up capital, after adjusting for […]

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NEPSE drops 15.76 points to settle at 1,933.29; intraday turnover remains at Rs. 1.333 Arba. 11
NEPSE NEWS

NEPSE drops 15.76 points to settle at 1,933.29; intraday turnover remains at Rs. 1.333 Arba.

  The NEPSE index closed at 1,933.29 today, down 15.76 points from the previous trading day’s close. This represents a 0.81% decrease. This Monday, the index rose 22.65 points. The index opened today at 1,952.19 and reached an intraday high of 1,962.94. In contrast, it dropped as low as 1,929.49 before closing at 1,933.29. Through […]

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NEPSE will be closed today in observance of Ghode Jatra. 13
NEPSE NEWS

NEPSE will be closed today in observance of Ghode Jatra.

The Nepal Stock Exchange (NEPSE), the country’s sole stock market, will be closed today (Chaitra 7, 2079) in observance of Ghode Jatra, a public holiday in Kathmandu valley. Normal trading in NEPSE will resume tomorrow (Chaitra 8, 2079) at 11:00 AM. The NEPSE index finished yesterday at 1,949.06, up 22.65 points from the previous trading […]

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Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE 15
NEPSE NEWS

Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE

Shine Resunga Development Bank Ltd (SHINE) has launched 50,28,741.99 unit bonus shares on NEPSE. On the 25th Poush, the firm held its 14th AGM and approved a 14% dividend for fiscal year 2078/79. On the 7th of Mangsir 2079, the 266th meeting of the board of directors suggested a 14% dividend from the paid-up capital. […]

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In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores. 17
Business | Market | Economy

In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores.

Himalayan Reinsurance Limited reported a net profit of Rs. 4.63 crores for the fiscal year 2079/2080’s second quarter. The company’s net profit fell by 62.83% in the second quarter. In this quarter, the company’s paid-up capital was Rs. 7 Arba, while its reserve and surplus were Rs. 17.7 Crores. This quarter, the company earned Rs. […]

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The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1. 19
Business | Market | Economy

The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1.

  IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) sign a merger agreement, and the two companies will be combined using a 1: 1 swap ratio. IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) reached an agreement for the merger during a meeting of the Board of Directors on […]

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