Posted inBusiness | Market | Economy Closure and Distribution: NIBL Pragati Fund Nearing Maturity on Poush 26, 2080 Posted by By Mero Share January 8, 2024 The NIBL Pragati Fund (NIBLPF), a closed-end 7-year mutual fund scheme with a total size…
Posted inDividend SEBON Approval: Ridi Power and Arun Valley Hydropower Set to Issue Right Shares for Expansion Posted by By Mero Share January 7, 2024 "The Securities Board of Nepal (SEBON) has given the green light to the rights offering…
Posted inBusiness | Market | Economy Life Insurance Companies in Nepal Achieve Remarkable Premium Collection of Rs. 61.75 Arba in the First Five Months of FY 2080/81 Posted by By Mero Share January 7, 2024 During the first fifth month of the fiscal year 2080/81, life insurance companies in Nepal…
Posted inNEPSE NEWS NEPSE Concludes The Week With 0.95% Loss and Turnover of Rs 18.15 Arba; Weekly Summary with Sector Comparison, Major Highlights, and More Posted by By Mero Share January 7, 2024 The Nepal Stock Exchange (NEPSE) experienced fluctuations during the week, witnessing its highest intraday loss…
Posted inIPO | FPO Hathway Investment Nepal (HATHY): A Phenomenal 1880% Gain for IPO Allottees in Just 47 Trading Days Posted by By Mero Share January 7, 2024 Hathway Investment Nepal Limited (HATHY) has surpassed expectations since its Initial Public Offering (IPO), making…
Posted inDividend Narayani Development Bank (NABBC) Granted SEBON Approval for Rs. 26.24 Crores Rights Offering Posted by By Mero Share January 7, 2024 The Securities Board of Nepal (SEBON) has granted approval to Narayani Development Bank Limited's (NABBC)…
Posted inNEPSE NEWS Nepal Stock Exchange Daily Report: Index Sees Decline, Market Highlights, and Sector Analysis Posted by By Mero Share January 7, 2024 The Nepal Stock Exchange (NEPSE) Index recorded a decline of 26.36 points, equivalent to 1.28%,…
Posted inNEPSE NEWS The Nepal Stock Exchange (NEPSE) Index recorded a decrease of 8.71 points, equivalent to 0.42%, from the previous day’s closing, settling at 2,049.28 points. In contrast, the trading session prior to this reported a gain of 27.90 points for the index. The market opened today with the index starting at 2058.57, reaching an intraday low of 2,046.05, and hitting an intraday high of 2,072.08. Throughout today’s trading activities, a total of 303 different stocks were traded in 108,403 transactions. The traded shares amounted to 16,052,101, generating a total turnover of Rs. 5.58 Arba. The market capitalization was reported at Rs. 31.83 Kharba, with a float market capitalization of Rs. 11.00 Kharba. Sonapur Minerals And Oil Limited (SONA) emerged with the highest turnover, reaching Rs. 33.45 crores, and closed at a market price of Rs. 508. Among today’s notable performers, Kalika Power Company Ltd (KPCL) and Singati Hydro Energy Limited (SHEL) experienced the highest gains, both at 10%. Following closely were Nepal Warehousing Company Limited (NWCL) at 9.99% and Muktinath Krishi Company Limited (MKCL) at 9.98%. Conversely, Siddhartha Premier Insurance Limited (SPIL) faced the highest loss of 6.56%. Regarding sector indices, only four sectors closed positively today. The “Trading Index” saw the most significant gain of 2.34%, while the “Others Index” experienced a loss of 3.70%. Posted by By Mero Share January 5, 2024 The Nepal Stock Exchange (NEPSE) Index recorded a decrease of 8.71 points, equivalent to 0.42%,…
Posted inBusiness | Market | Economy Madhesh Province’s Financial Sector Witnesses Robust Growth: 13.25% Surge in Deposits and 4.68% Rise in Loans Posted by By Mero Share January 5, 2024 The financial sector in Madhesh province is undergoing a notable expansion, as evidenced by the…
Posted inDividend Citizen Life Insurance Company Prepares for 7th AGM, Proposing a 5.2632% Dividend for FY 2079/80 Posted by By Mero Share January 5, 2024 Citizen Life Insurance Company Limited (CLI) has scheduled its 7th Annual General Meeting (AGM) for…
Posted inDividend Seize Your Share: Final Day for Dividends from SIFC, BNT, and MH Posted by By Mero Share January 4, 2024 Today marks the final opportunity for shareholders to seize the proposed 5.05% cash dividend declared…
Posted inDividend Nepal SBI Bank Declares 10.55% Dividend: Shareholders Encouraged to Dematerialize for Seamless Distribution Posted by By Mero Share January 4, 2024 Nepal SBI Bank Limited (SBI) has initiated the distribution of dividends directly to the bank…
Posted inNEPSE NEWS Singati Hydro Energy Limited Announces 100% Right Share Issue: Last Trading Day for Eligibility Approaches Posted by By Mero Share January 4, 2024 Today marks the final trading day on the Nepal Stock Exchange (NEPSE) for investors to…
Posted inGold | Silver | Forex Gold Prices Dip: Rs. 1,300 Drop per Tola, Silver Also Witnesses Decline Posted by By Mero Share January 4, 2024 Today witnessed a drop in the value of fine gold, with a decrease of Rs.…
Posted inNEPSE NEWS NEPSE Index Reports 1.45% Loss: Market Recap and Top Performers Posted by By Mero Share January 3, 2024 The Nepal Stock Exchange (NEPSE) Index concluded with a loss of 30.05 points, equivalent to…