Latest NEPSE and Share Market News - Page 21
Ridge Line Energy Calls AGM to Approve 10.52% Cash Dividend
Ridge Line Energy Limited has scheduled its fifth Annual General Meeting (AGM) to approve a 10.52% cash dividend for shareholders from the previous fiscal year’s profit.
Siddharth Bank Sets October 1 as Final Day to Secure 20% Dividend
Siddharth Bank Limited (SBL) has fixed Ashoj 15 as the final trading day for shareholders to remain eligible for its proposed 20% dividend.
Mahakali River Suspension Bridge Collapses, Disrupting Travel Between Dodhara Chandani and Bhimdatta
A suspension bridge over the Mahakali River connecting Dodhara Chandani Municipality and Bhimdatta Municipality in Kanchanpur has collapsed, completely disrupting transportation and pedestrian movement along the route.
Lawmakers Call for Policy, Technology and Regulatory Reforms to Strengthen Nepal’s Share Market
Members of the House of Representatives’ Finance Committee have called for clearer policies, stronger regulation, upgraded technology, increased investment, and tighter controls on market irregularities to improve Nepal’s share market.
Festival Travel: Infrastructure Committee Issues 5-Point Directive for Safe and Smooth Public Transport
The House of Representatives’ Infrastructure Development Committee has issued five directives to ensure safe, organized, and convenient public transportation during Dashain, Tihar, Chhath, and other major festivals.
Parliamentary Finance Committee Directs Immediate Reforms to Address Nepal’s Capital Market Issues
The Finance Committee of the House of Representatives has directed the government, Securities Board of Nepal (SEBON), and Nepal Stock Exchange (NEPSE) to take immediate steps to resolve legal, structural, technological, and regulatory issues in the capital market.
Sopan Pharmaceuticals’ 214,500 Mutual Fund Shares to Be Unlocked on Kartik 16
The six-month lock-in period for 214,500 ordinary shares allocated to mutual funds of Sopan Pharmaceuticals will expire on Kartik 16, 2083.
NRB to Absorb Rs. 20 Billion from BFIs Amid Excess Liquidity in Banking System
Nepal Rastra Bank will collect Rs. 20 billion in deposits from banks and financial institutions through a bidding process today to manage excess liquidity in the financial system.
NEPSE Extends Losses, Drops 4.82 Points to Close at 2,598.89
The Nepal Stock Exchange (NEPSE) declined by 4.82 points on Wednesday, extending its losing streak for a second consecutive session. Total turnover stood at Rs. 4.76 arba, with Ghalemdi Hydro leading the turnover chart.
Nepal’s Demat Accounts Cross 8.09 Million as Capital Market Participation Grows
The number of Demat accounts in Nepal has surpassed 8.09 million, while active Mero Share accounts have crossed 5.12 million, reflecting continued participation in the capital market.
NABIL, GBBL Share Prices Adjusted for Bonus Shares
NEPSE has adjusted the share prices of Nabil Bank and Garima Bikas Bank following their book closures for bonus share distribution and AGM purposes.
Gold, Silver Prices Rise in Nepal; Gold Jumps Rs. 2,800 Per Tola
Gold prices climbed by Rs. 2,800 per tola, while silver gained Rs. 30 in the domestic market on Wednesday.