The Nepal Stock Exchange (NEPSE) Index faced a significant setback, recording a loss of 70.31 points or 3.38% from the previous day’s closing, concluding at 2,007.69 points. The market witnessed a remarkable surge of 6% on the preceding day, leading to a series of trading halts and ultimately resulting in the early closure of the […]
The Nepal Stock Exchange (NEPSE) Index faced a notable setback, witnessing a decline of 70.31 points or 3.38% from the prior day’s close, settling at 2,007.69 points. This followed a remarkable 6% surge in the market on the previous day, which led to a series of trading halts and ultimately resulted in an early closure
The Department of Customs has reported a significant increase in cement and clinker exports from Nepal to India, totaling Rs. 2.6 Arba during the first seven months of the current fiscal year (from Shrawan to Magh). This represents a notable 168% rise compared to the previous fiscal year’s exports of Rs. 77.93 crores. Leading this
The Nepal Stock Exchange (NEPSE) Index underwent a slight decrease, diminishing by 1.76 points or 0.08% compared to the preceding day’s closing, settling at 2,033.06 points. It is noteworthy that the index had previously suffered a more substantial loss of 27.21 points in the preceding trading session. As today’s trading commenced, the market initiated with
This week, the NEPSE Index ended at 2,062.03, dropping by 34.29 points or 1.64%. Last week, it closed at 2,096.32, showing a gain of 1.42%. Throughout this week, the index fluctuated between 2,108.73 and 2,055.82, experiencing a total volatility of 52.91 points. The previous week had a slightly higher volatility of 53.61 points. The most
The Securities Exchange Board of Nepal (SEBON) has recently included “Garima Samriddhi Yojana” in its latest list of mutual fund schemes under preliminary review. This scheme, proposed by Garima Capital, is a closed-end mutual fund with a fund size of Rs. 1 Arba, divided into 10 Crore units, each valued at Rs. 10. The
Sanima Reliance Life Insurance Limited (SRLI) has posted a significant 96.48% rise in its net profit for the current quarter, reaching Rs. 21.97 crore, compared to Rs. 11.18 crore in the same quarter last year. SRLI’s paid-up capital stands at Rs. 4.18 Arba, with retained earnings of Rs. 92.15 Crores, Rs. 2.42 Crores in other
Sahas Urja Limited (SAHAS) has released its unaudited report for the second quarter of FY 2080/81, revealing an impressive 112.33% surge in net profit. The company’s net profit rose significantly to Rs. 45.86 crores for this quarter, a substantial increase from Rs. 21.59 crores in the same quarter last year. SAHAS achieved notable revenue from
The Nepal Stock Exchange (NEPSE) Index recorded a gain of 9.44 points, equivalent to 0.45%, compared to the previous day’s closing, concluding at 2,085.71 points. The index had experienced a gain of 14.57 points in the preceding trading session. The market commenced today with an opening index of 2,073.83, reaching an intraday low of 2,067.59,
Nepal Investment Mega Bank Limited (NIMB) has released an offer letter announcing the issuance of 40,40,000 units of “10% NIMB Debenture 2090” to the general public. This debenture comes with a 10-year maturity period and a 10% coupon rate, and the application period is set from 1st Falgun to 4th Falgun, 2080. In case of
The Nepal Stock Exchange (NEPSE) Index closed at 2,061.70 points, showing a decrease of 5.31 points or 0.25% from the previous day. The market had experienced a loss of 30.92 points in the preceding trading session. The day began with the index opening at 2,067.47 and fluctuated between an intraday low of 2,053.46 and
The NEPSE Index in Nepal witnessed a decline of 25.63 points, equivalent to 1.18% from the previous day’s closing, concluding at 2,130.18 points. The preceding trading session had incurred a loss of 7.24 points for the index. The market commenced today with an opening index of 2,156.52, reaching an intraday low of 2,123.86, and attaining
n the recent trading week, the NEPSE index closed at 2,155.82, marking a notable 3.20% gain from the previous week’s closing at 2,088.99. The index experienced volatility, ranging from 2,093.46 to 2,215.29, with a fluctuation of 121.83 points. Key indicators, such as the RSI and MACD, suggest a bullish trend, but further confirmation is needed.
NMB Bank and the Hydroelectricity Investment and Development (HIDCL) Company have jointly committed a substantial investment of 7.40 Arba rupees towards the Upper Modi A hydropower project. In this collaboration, NMB Bank will contribute 4.40 Arba rupees, while HIDCL will invest 3 Arba rupees. The signing of a tripartite loan agreement formalized this partnership, witnessed
During the first fifth month of the fiscal year 2080/81, life insurance companies in Nepal achieved an impressive milestone by collecting a substantial amount of premiums totaling Rs. 61.75 Arba. This significant premium collection resulted from a cumulative total of 13,754,483 active insurance policies held by policyholders until the month of Mangsir. A report published
