Latest NEPSE and Share Market News - Page 22
Flood Damage Disrupts Over 1,000 MW Hydropower, Nepal Imports 251 MW Electricity from India
Floods have disrupted power generation from hydropower projects with more than 1,000 MW capacity, prompting Nepal to import 251 MW of electricity from India to meet domestic demand.
SEBON Expert Member’s 3-Year Tenure Set to Return as Government Moves to Revive 85 Legal Provisions
A bill introduced in the House of Representatives seeks to revive provisions altered by the Public Officials Dismissal Ordinance, potentially restoring the three-year tenure of the expert member of the Securities Board of Nepal (SEBON).
Government Prepares to Amend 3 Laws to Recognize Disaster Missing Persons as Deceased
The government is preparing legal amendments to provide relief, death registration, insurance claims, and property transfer facilities to families of people who go missing in floods, landslides, and other disasters, even when their bodies are not recovered.
NEPSE Slips 9.62 Points as Market Closes at 2,603.71
The Nepal Stock Exchange (NEPSE) declined by 9.62 points (0.36%) to close at 2,603.71, extending its losing streak for a second consecutive session.
Nepal Elected AIIB Vice Chair for Non-Regional Members
Nepal has been selected to serve a one-year term as Vice Chair representing the non-regional member countries of the Asian Infrastructure Investment Bank (AIIB).
Finance Committee to Discuss Major Reforms for Nepal’s Capital Market
The Finance Committee of the House of Representatives is set to hold its 33rd meeting to discuss measures for making Nepal’s capital market more organized, transparent, reliable, and investor-friendly.
Gold Price Drops Rs. 3,800, Silver Falls Rs. 115 Per Tola
Gold and silver prices continued their downward trend in Nepal, with gold falling to Rs. 294,300 and silver to Rs. 4,395 per tola.
Kalika Power’s 6.53 Lakh Bonus Shares Listed on NEPSE
A total of 653,764.65 bonus shares of Kalika Power Company Limited (KPCL) have been listed on the Nepal Stock Exchange (NEPSE).
Global IME Laghubitta Announces 9.5% Dividend
Global IME Laghubitta Bittiya Sanstha Limited (GILB) has proposed a 9.5% dividend for FY 2082/83, comprising 6% bonus shares and 3.5% cash dividend including tax.
SHINE, AHPC & SAPIL Share Prices Adjusted for Bonus Shares
The share prices of three NEPSE-listed companies have been adjusted following their respective bonus share distributions.
NEPSE Drops 16.47 Points to Close at 2,613; Turnover Stands at Rs. 5.38 Arba
The NEPSE index fell 16.47 points (0.62%) to close at 2,613.33, reversing the 11.77-point gain recorded in the previous session.
ANISU (R) Demands Fee Waivers, Hostel Support for Rasuwa Flood-Affected TU Students
The All Nepal National Independent Student Union (Revolutionary) has urged Tribhuvan University (TU) to provide fee concessions and hostel facilities for students affected by the Rasuwa floods.