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  • Gold Prices Reach All-Time High with Rs. 1500 Single-Day Gain

    Gold Prices Reach All-Time High with Rs. 1500 Single-Day Gain


    Gold prices have once again grabbed attention as they reached a record high today. The surge in value amounts to a significant single-day gain of Rs. 1500 compared to yesterday’s price.

    According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 112,000 per tola, whereas it was maintained at Rs. 110,500 per tola yesterday. Similarly, Tejabi gold is being traded at Rs. 111,450 today, whereas the rate was held at Rs. 109,950 per tola on the previous day.

    Within a span of two days, the price of gold has risen by Rs. 3900 per tola. The fluctuation in gold and silver prices is partly attributed to the absence of a clear response regarding customs rates related to these precious metals in the budget for 2080/081.

    Just recently, on May 4th, 2023, the price of gold hit an all-time high in the Nepalese market. Fine gold was traded at Rs. 111,800 per tola, while Tejabi gold reached Rs. 111,250 per tola on that day.

    In addition, silver has also experienced a gain of Rs. 20 per tola. The shiny white metal is currently being traded at Rs. 1,395 per tola in the local market, compared to the previous day’s closing rate of Rs. 1,375 per tola.

  • Gold Price Surges Near All-Time High Record with Significant Gains

    Gold Price Surges Near All-Time High Record with Significant Gains


    The price of gold is reaching an all-time high record, and today it experienced significant gains. Fine gold rose by Rs. 2400 in a single day, while tejabi gold increased by Rs. 2350 compared to yesterday’s price.

    According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 110,500 per tola, up from Rs. 108,100 per tola yesterday. Tejabi gold, on the other hand, is being traded at Rs. 109,950 today, compared to Rs. 107,600 per tola yesterday.

    Just recently, on April 5, 2023, the price of gold reached an all-time high in the Nepalese market. Fine gold was traded at Rs. 111,000 per tola, while tejabi gold reached Rs. 110,450 per tola on that day.

    In addition, silver has also seen a gain of Rs. 15 per tola. The shiny white metal is now being traded at Rs. 1,375 per tola in the local market, up from yesterday’s closing rate of Rs. 1,360 per tola.

    In the international market, the current price of gold stands at USD $1,948.10 per ounce, while silver is being traded at $23.18 per ounce.

  • NEPSE Index Plunges with Significant Losses, All Sector Indices Close in the Red

    NEPSE Index Plunges with Significant Losses, All Sector Indices Close in the Red


    Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) recently listed 2,55,655.77 unit bonus shares on the Nepal Stock Exchange (NEPSE). The company held its 14th Annual General Meeting (AGM) on the 17th of Falgun, during which it approved a dividend of 15.789% for the fiscal year 2078/79.

    In addition to the dividend, the board of directors, in its 231st meeting on Poush 28, decided to distribute 15% bonus shares valued at Rs. 2.55 crores and a cash dividend of 0.789473681%, amounting to Rs. 13.45 lakhs. These dividends were distributed from MLBBL’s paid-up capital of Rs. 17.04 crores. Now, these bonus shares have been officially listed on NEPSE.

    As of the time of writing, the Last Traded Price (LTP) of MLBBL’s shares on NEPSE stands at Rs. 750.

  • NEPSE Records 0.85% Gain, Closes at 1,959.12 with 16.49 Points Increase

    NEPSE Records 0.85% Gain, Closes at 1,959.12 with 16.49 Points Increase


    The NEPSE index concluded today’s trading session at 1,959.12, marking a gain of 16.49 points or 0.85% compared to the previous day’s closing. The index had experienced a significant surge of 51.31 points in the previous session.

    Starting at 1,943.61, the index reached its lowest point at 1,928.16 during the day. However, it also reached a high of 1,962.66 before settling at 1,959.12 at the end of the trading day.

    Throughout the day, a total of 270 scrips were traded in 34,841 transactions. The trading activity resulted in a total turnover of Rs. 1.87 Arba, involving the exchange of 4,865,475 shares. This turnover was lower than the previous trading day’s turnover of Rs. 2.2 Arba.

    Shivam Cements Limited (SHIVM) emerged as the most actively traded stock, generating the highest turnover of Rs. 14.6 crores. The market price of SHIVM shares closed at Rs. 466 per share.

    Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) experienced the highest gain of 10% and reached the positive circuit during the day’s trading.

    On the other hand, Sanima Equity Fund (SAEF) recorded the highest loss of 3.77% during the trading session.

    While the “Manufacturing And Processing” sector index registered the highest gain of 4.69%, the “Finance” sector index experienced the highest decline of 0.45% at the closing of the market.

  • NEPSE Index Closes at 1,883.20 with 0.31% Gain

    NEPSE Index Closes at 1,883.20 with 0.31% Gain


    Today, the NEPSE index closed at 1,883.20, showing a gain of 5.88 points compared to the previous trading day. This represents a 0.31% increase. Yesterday, the index had gained 32.30 points.

    The trading day began with the index opening at 1,878.68 and reaching a high of 1,903.06 during the day. However, it also experienced a low of 1,874.40 before ultimately closing at 1,883.20.

    In terms of trading activity, there were 273 scrips traded through 34,331 transactions. The total number of shares exchanged amounted to 4,828,776, with a turnover of Rs. 1.6 Arba. This turnover is higher than the previous trading day’s turnover of Rs. 1.47 Arba.

    Among the companies, Rastriya Beema Company Limited (RBCL) recorded the highest gain of 10%, followed by ANLB with a gain of 9.99%. On the other hand, Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) experienced the highest loss of 6.56% during the day.

  • Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results

    Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results


    Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) has recently distributed 20% bonus shares directly to the DEMAT accounts of its shareholders. The company encouraged its shareholders to dematerialize their shares in order to receive the bonus shares smoothly.

    During the 6th Annual General Meeting held on the 11th of Chaitra, the shareholders of SMFBS approved a dividend of 21.0526% amounting to Rs. 2.56 Crores for the fiscal year 2078/79. In a subsequent board of directors meeting on Magh 11, it was decided to distribute the dividend on the paid-up capital of Rs. 12.17 Crores. The proposed distribution plan included 20% bonus shares and 1.0526% cash dividend (for tax purposes).

    Following these decisions, the bonus shares have now been deposited directly to the DEMAT accounts of the shareholders. This simplifies the process for shareholders to receive and manage their bonus shares electronically, without the need for physical share certificates.

    By distributing the bonus shares to DEMAT accounts, SMFBS aims to facilitate a more efficient and secure method of shareholding for its investors. It encourages shareholders to embrace the dematerialization process and enjoy the benefits of holding their shares in electronic form.

    Overall, the distribution of 20% bonus shares to the DEMAT accounts of shareholders reflects SMFBS’s commitment to rewarding its investors and promoting the modernization of shareholding practices. It provides shareholders with the opportunity to conveniently manage their bonus shares and participate in the company’s growth and future prospects.

  • NEPSE Index Gains 32.30 Points, Closes at 1,877.32 with 1.75% Increase

    NEPSE Index Gains 32.30 Points, Closes at 1,877.32 with 1.75% Increase


    The Nepal Stock Exchange (NEPSE) index concluded the trading day at 1,877.32, displaying a gain of 32.30 points compared to the previous closing, representing a growth of 1.75%. Yesterday, the index had increased by 23.39 points.

    The trading day commenced with an opening value of 1,846.69. Throughout the day, the index fluctuated, reaching a low of 1,844.50 and a high of 1,883.20. Eventually, it settled at 1,877.32 at the close of trading.

    During the day, a total of 264 scrips were traded through 32,579 transactions. The overall shares exchanged amounted to 4,422,186, with a total turnover value of Rs. 1.47 Arba. This turnover figure surpassed the previous trading day’s turnover of Rs. 85.76 Crores.

    Nepal Doorsanchar Company Limited (NTC) recorded the highest turnover of Rs. 8.63 crores, concluding the trading session at a market price of Rs. 779.20 per share. The shares of SHIVM were the most actively traded during the day.

    Two scrips experienced the highest gain of 10% each, triggering the positive circuit limit for the day. Conversely, NIBL Growth Fund (NIBLGF) suffered the highest decline of 3.14% during the trading session.

    All sector indices closed in the green zone, with the “Hotels and Tourism” sector displaying the highest growth of 3.75%. On the other hand, the “Others” sector recorded the least growth of 0.90% on the trading day.

  • Gold Prices in Nepal Witness Decline, with Fine Gold and Tejabi Gold Experiencing Decreases of Rs. 1100 and Rs. 1050 per Tola respectively

    Gold Prices in Nepal Witness Decline, with Fine Gold and Tejabi Gold Experiencing Decreases of Rs. 1100 and Rs. 1050 per Tola respectively


    Today, the price of fine gold in Nepal has experienced a decline of Rs. 1100 per tola, while tejabi gold has fallen by Rs. 1050 from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently being traded at Rs. 110,000 per tola, compared to yesterday’s rate of Rs. 111,100 per tola. Tejabi gold, on the other hand, is being traded at Rs. 109,500 today, in contrast to yesterday’s rate of Rs. 110,550 per tola.

    Additionally, silver has also witnessed a decrease in price, with a drop of Rs. 5 per tola. The current trading rate for silver in the local market is Rs. 1,370 per tola, compared to yesterday’s closing rate of Rs. 1,365 per tola.

    In the international market, the current price of gold stands at $1,989.70 per ounce, while silver is trading at $23.75 per ounce.

  • Infinity Laghubitta Bittiya Sanstha Limited Reports Decreased Net Profit in Q3, with Decline in Core Revenue and Operating Profit

    Infinity Laghubitta Bittiya Sanstha Limited Reports Decreased Net Profit in Q3, with Decline in Core Revenue and Operating Profit


    Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has released its third-quarter report for the current fiscal year, showing a decreased net profit of Rs. 1.38 crores. In the corresponding quarter of the previous fiscal year, the company had recorded a profit of Rs. 11.83 crores.

    The microfinance company’s net interest income, which is its core revenue, has decreased by 24.19% to Rs. 19.30 crores in the third quarter of the current fiscal year, compared to Rs. 25.47 crores generated in the same period of FY 2078/79.

    ILBS’s operating profit has experienced a significant decline of 88.48%, amounting to Rs. 1.94 crores up to the third quarter of the ongoing fiscal year. Additionally, the non-performing loan (NPL) of the company has nearly tripled, reaching 14.04%.

    Furthermore, minor fluctuations have been observed in the company’s deposits, borrowings, and personnel expenses, with changes of -1.02%, -6.32%, and 6.77% respectively, as indicated in the third-quarter report.

    Infinity Laghubitta maintains a paid-up capital of Rs. 49.74 crores, along with Rs. 17.96 crores in the form of reserve and surplus, which includes reserves and retained earnings.

    The company’s earnings per share (EPS) ratio is lower at Rs. 3.70, while the net worth per share stands at Rs. 136.11.

    At the end of the third quarter, the company’s closing price was Rs. 644.90.

  • NEPSE Index Gains 0.18% with Increased Turnover

    NEPSE Index Gains 0.18% with Increased Turnover


    The NEPSE index concluded today’s trading session at 1,821.60 points, marking an increase of 3.29 points compared to the previous closing. This translates to a gain of 0.18%. In contrast, the index had experienced a loss of 3.34 points the day before.

    At the start of the trading day, the index opened at 1,817.87 points and reached an intraday low of 1,810.10 points. However, it later reached a high of 1,827.77 points before settling at 1,821.60 points by the end of the day.

    The trading activity involved 269 scrips traded through 18,889 transactions. In total, 2,063,737 shares were exchanged, amounting to a turnover of Rs. 64.01 Crores. This figure is lower than the turnover recorded on the previous trading day, which stood at Rs. 72.49 Crores.

    NIC Asia Bank Limited (NICA) had the highest turnover of Rs. 5.01 crores and closed at a market price of Rs. 690 per share. The shares of HBL were the most actively traded during the session.

    Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) experienced the highest gain, surging by 9.99% and hitting the positive circuit for the day. On the other hand, Mai Khola Hydropower Limited (MKHL) witnessed a significant loss of 10% during the trading session.

    Out of the various sector indices, only two closed in the red. The “Non-Life Insurance” sector index experienced the highest gain of 0.99%, while the “Others” sector index recorded the highest loss of 0.89% for the day.

  • Mai Khola Hydropower Limited Lists 39,21,568 Units of IPO Shares on NEPSE

    Mai Khola Hydropower Limited Lists 39,21,568 Units of IPO Shares on NEPSE


    Mai Khola Hydropower Limited has successfully listed 39,21,568 units of IPO shares on the Nepal Stock Exchange (NEPSE). This figure includes shares held by the promoters, as well as shares issued to project-affected locals and the general public.

    The initial trading range for these shares is set between Rs. 111.67 and Rs. 335.01. If the company enters into an agreement with NEPSE, the IPO shares will be eligible for trading on the secondary market the following day.

    Among the total shares available, 12,69,411 units worth Rs. 12.69 Crore were specifically issued as Initial Public Offerings to the general public during the period of Baisakh 8-12, 2080.

  • NEPSE Index Ends the Day with a 0.18% Loss

    NEPSE Index Ends the Day with a 0.18% Loss


    The NEPSE index closed today at 1,818.31, reflecting a decrease of 3.34 points or 0.18% from the previous trading day’s closing. Yesterday, the index experienced a more significant loss of 16.96 points.

    The trading day began with the index opening at 1,821.81. Throughout the day, it reached an intraday low of 1,807.53 and a high of 1,826.65, before ultimately closing at 1,818.31.

    In terms of trading activity, there were 20,158 transactions involving 266 scrips. A total of 2,341,240 shares were exchanged, with a turnover amount of Rs. 72.49 Crores. This turnover was lower compared to the previous trading day’s turnover of Rs. 90.05 Crores.

    Among the traded stocks, NIC Asia Bank Limited (NICA) had the highest turnover of Rs. 3.04 crores, closing at a market price of Rs. 694.60 per share. Additionally, the shares of PRVU were the most actively traded.

    In terms of individual stock performance, NIBL Growth Fund (NIBLGF) recorded the highest gain of 9.88% for the day. On the other hand, Sagarmatha Lumbini Insurance Co. Limited (SALICO) experienced the highest loss of 6.45%.

    Regarding sector indices, only four closed in the green. The “Manufacturing and Processing” sector index saw the highest gain of 0.52%, while the “Non-Life Insurance” sector index experienced the highest loss of 0.62%.

    Overall, the NEPSE index ended the day with a slight loss, accompanied by fluctuations in individual stock prices and sector indices.