Kumari Capital Limited recently launched its latest closed-end mutual fund, the “Kumari Sabal Yojana,” with a total value of Rs 1 Arba. The subscription period for this fund began on the 28th of Magh and concluded on the 13th of Falgun, 2080. The allotment process, conducted at Kumari Capital’s premises in Naxal, was finalized on […]
United Ajod Insurance Limited (UAIL) held its 30th Annual General Meeting on Sunday, 6th Falgun, 2080, at Anmol Banquet, Shankhamul, Kathmandu. The meeting covered various key agenda items, including the approval of annual reports from the Management Committee, the financial performance for the fiscal year 2079/80, and the audit reports of former Ajod Insurance Ltd.
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
Sarbottam Cement Limited has successfully allocated IPO shares to Nepali citizens employed abroad, concluding the allotment process on the morning of 17th Magh, 2080, at the premises of the issue manager, Global IME Capital, located in Kathmandu. The cement company had floated 267,000 units of IPO shares through the book-building process, offering them at a
Muktinath Bikas Bank effectively conducted its 17th Annual General Meeting in Pokhara on the 28th day of Poush, 2080 B.S. During the meeting, the approval was granted for the annual report of the fiscal year 2079/80, and a dividend distribution of 10.26% to shareholders was endorsed. This dividend comprises 9.75% in bonus shares and 0.51%
Mahalaxmi Bikas Bank Limited (MLBL) successfully concluded its 20th Annual General Meeting under the theme “Sabal Bank, Safal Sahakarya” at Lainchaur Banquet in Kathmandu. The meeting, led by Mr. Rajesh Upadhyay, Chairman of the Bank’s Executive Committee, undertook a comprehensive review of the financial performance for the fiscal year 2079/80. This assessment included a thorough
The Nepal Stock Exchange (NEPSE) experienced fluctuations during the week, witnessing its highest intraday loss of 30.05 points on Tuesday, accompanied by a turnover of Rs 4.04 Arba. However, the total turnover for the week reached Rs 18.15 Arba, with over 4.96 crore unit shares traded through 3,92,995 transactions. The current market capitalization of NEPSE
The Nepal Stock Exchange (NEPSE) Index marked a notable increase of 27.75 points or 1.39% from the previous day’s closing, concluding at 2,022.35 points. In the prior trading session, the index had gained 6.55 points. The day’s market activity commenced with the index opening at 1986.06, reaching an intraday low of 1,951.02, and achieving an
The IPO allotment of Muktinath Krishi Company Limited was successfully concluded today at the headquarters of the issue manager, NIMB Ace Capital Limited, located in Kathmandu. Muktinath Krishi Company Limited had offered 11,48,000 units of IPO shares at a par value of Rs. 100 to the general public from the 8th to the 12th of
The Nepal Stock Exchange (NEPSE) Index experienced a decrease of 7.29 points, equivalent to 0.39% from the previous day’s closing, settling at 1,851.23 points. In the preceding trading session, the index had incurred a loss of 18.06 points. The day commenced with an opening index of 1858.47, reaching an intraday low of 1,837.85 and a
The FPO allotment process of Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) was successfully concluded today at the offices of the issue manager, Siddhartha Capital Limited, in Kathmandu. During the FPO issuance from 21st to 24th Kartik, 2080, Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) had released 1,78,451.18 units of FPO shares at a par
The Nepal Stock Exchange (NEPSE) Index wrapped up the trading day with a decline of 11.85 points, representing a 0.63% decrease compared to the previous day’s closing figure. It’s worth noting that the previous trading session had witnessed a gain of 5.17 points for the index. The trading day kicked off with the index opening
Sanima Bank Limited has successfully concluded its 19th Annual General Meeting (AGM) on October 19, 2023. Mr. Tuk Prasad Poudel, serving as the Chairman, presided over the AGM during which several significant decisions were made. Notably, the AGM approved the distribution of a 9% bonus share and a 5.70% cash dividend to the bank’s shareholders.
During today’s trading session, the Nepal Stock Exchange (NEPSE) Index concluded at 1,903.84 points, marking a decrease of 4.05 points, equivalent to a 0.21% decline compared to the previous day’s closing. It’s important to note that the index had seen a significant increase of 43.27 points on the last trading day. The trading day kicked
The NEPSE index concluded the week at a closing value of 1,874.60, marking a significant decline of 82.32 points, equivalent to 4.21%. In comparison, the index had finished at 1,956.92 the prior week, experiencing a loss of 2.36% from the week before. Throughout the current week, the NEPSE index displayed a range of fluctuations, reaching
