NEPSE Surges Past 2600: A Bullish Day for the Stock Market Great news for investors! The Nepal Stock Exchange (NEPSE) experienced a significant surge today, with the NEPSE index climbing to an impressive 2,600.38 points. This marks a 34.22-point increase from the previous day’s closing, signaling a strong bullish trend in the stock market. Trading […]
Nepse Rises Ahead of Dashain Holiday Kathmandu – The stock market saw a double-digit gain on Sunday, the day before the Dashain holiday. The Nepal Stock Exchange (Nepse) index increased by 11.51 points, closing at 2663.51 points. The sensitive index, which measures the performance of ‘A’ class companies, also rose by 3.22 points to close
Pakistan Stock Market Soars: Is This a Bull Market Opportunity? Pakistan’s stock market is making headlines! Over the past two months, the KSE 100 index, the benchmark of the Pakistan Stock Exchange, has experienced a remarkable surge, increasing by over 28.44%! Currently, it’s trading around 149,000 points, a significant jump from the 116,000 points it
Nepal Stock Market Update: Wednesday’s Share Market Analysis Hello, stock market enthusiasts! Let’s dive into the latest NEPSE update for Wednesday. Today’s stock market performance shows a slight dip, with the NEPSE index closing at 2832.06, down by 1.94 points. The Sensitive Index, reflecting the performance of “A” category companies, also saw a decrease of
Decoding the Banking Sector: How to Choose the Best Bank for You Hey investors and financial enthusiasts! Navigating the complex world of the banking sector can feel like trying to decipher ancient hieroglyphs. But fear not! This blog post is your guide to understanding how to choose the best bank and make informed financial decisions.
Nepal’s Banking Sector in Focus: Base Rate Declines – What Does It Mean for You? Hey everyone, and welcome to today’s financial update! We’re diving deep into the Nepalese banking sector, specifically looking at the recent trends in the base rate of commercial banks. This is crucial information for anyone involved in banking, from borrowers
Nepal Stock Market Soars: Decoding the NEPSE Rally After Monetary Policy 2082/83 The Nepal Stock Exchange (NEPSE) witnessed a significant surge following the unveiling of the Monetary Policy 2082/83 by Nepal Rastra Bank (NRB) Governor Dr. Bishwo Paudel on Ashar 27. This stock market update highlights the impact of the policy on various sectors and
NEPSE Index Climbs Again: Nepal Stock Market Shows Resilience! Hello stock market enthusiasts! Today, we’re diving deep into the latest NEPSE market update from Kathmandu, Nepal. It’s been another interesting day in the Nepali share market, with the NEPSE index showing continued strength despite some intraday volatility. Let’s break down the details of the stock
Jyoti Bikas Bank Hiring! Branch Manager & Relationship Manager Positions Available – Apply Now! Are you a seasoned banking professional looking to advance your career in Nepal? Jyoti Bikas Bank Limited is seeking talented individuals to join their team! This is a fantastic opportunity to work for a leading financial institution in Nepal, offering exciting
Auction for the unclaimed portion of Arun Valley Hydropower Development Company Limited’s (AHPC) right shares commences today, on the 10th of Baisakh, 2081, and will run until the 24th of Baisakh, 2081. A total of 19,92,134 units of ordinary right shares will be up for auction, representing the unclaimed segment of the rights offering. AHPC had issued a 1:1 ratio right share from the 17th of Falgun to the 7th of Chaitra, 2080. Among the total right shares issued, only 1,66,87,492 (89.34%) units were allotted to eligible shareholders, leaving 10.66% unclaimed by eligible investors. Consequently, the same 19,92,134 units of […]
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. […]
The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points. Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low of 1,953.29. In a vibrant trading atmosphere, 310 different stocks were traded in 47,117 transactions. The total share volume amounted to 6,393,245, reflecting a total turnover of Rs. 2.25 Arba. Market capitalization wrapped up at Rs. 31.46 Kharba, with a float market capitalization of Rs. […]
Today, the price of the precious yellow metal has soared by Rs. 700 per tola compared to yesterday’s trading figures, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current rate for fine gold stands at Rs. 1,37,500 per tola, marking a notable increase from yesterday’s trading rate of Rs. 1,36,800 per tola. Similarly, Tejabi gold is now priced at Rs. 1,36,850 per tola, indicating a Rs. 700 surge from yesterday’s price of Rs. 1,36,150 per tola. April 12th, 2024, saw a historic peak for fine gold, hitting an all-time high of Rs. 1,39,000 per tola. […]
In the most recent financial update, twenty commercial banks have announced revisions to their interest rates for the month of Baisakh. Interestingly, a majority of these banks, totaling 13, have opted to decrease their interest rates. However, notable exceptions to this trend include NMB Bank (NMB) and Everest Bank (EBL), which have instead chosen to
As Nepal eagerly awaits the arrival of New Year 2081, Garima Bikas Bank Limited (GBBL) delights its customers with a special cashback scheme, promising enticing rewards for debit and credit card users. With the aim of promoting cashless transactions and enhancing customer satisfaction, GBBL introduces a generous cashback offer of 20.81%, allowing users to earn
