Latest NEPSE and Share Market News - Page 24
NEPSE Rebounds 11.77 Points After Sharp Previous-Session Drop
NEPSE recovered 11.77 points to close at 2,629.81, while daily turnover stood at Rs. 5.44 arba as the market bounced back from the previous session’s 36.25-point decline.
NRB to Absorb Rs. 20 Billion from Banks Amid Excess Liquidity
Nepal Rastra Bank will collect Rs. 20 billion in deposits from licensed banks and financial institutions through a bidding process to manage excess liquidity in the financial system.
UHEWA Promoter Shareholder Plans to Sell 80,000 Shares
Upper Hewakhola Hydropower has disclosed that promoter shareholder Bhim Lal Paudyal intends to sell 80,000 promoter shares within the next three months.
Gold Price Falls Rs. 3,200 Per Tola; Silver Drops Rs. 165
Domestic gold prices declined by Rs. 3,200 per tola, while silver also fell by Rs. 165 per tola in the latest market update.
Dividend Alert: Sanima Middle Tamor Proposes 5.263% Cash Dividend
Sanima Middle Tamor Hydropower has proposed a 5.263% cash dividend, including tax, for FY 2082/83 and called its 11th Annual General Meeting for Ashwin 30.
Dividend Alert: Today Last Day to Secure Dividends from 2 Companies, 3 Mutual Funds
Investors must hold shares or units by Thursday, Ashoj 8, to be eligible for dividends from Machhapuchchhre Bank, Kalinchok Darshan, and three mutual funds.
Share Price Adjustment: Shangrila Development Bank, Snow Rivers
NEPSE has adjusted the share prices of Shangrila Development Bank and Snow Rivers following their book closure for AGM and dividend distribution purposes.
Nepal Moves to Strengthen Digital Payment Rules with New Legal Framework
The government has proposed amendments to the Payment and Settlement Act to enhance the security, regulation, and efficiency of Nepal’s rapidly evolving digital payment ecosystem.
NEPSE Drops 36 Points as Market Slips Below 2,620
NEPSE fell 36.25 points, or 1.36%, to close at 2,618.03, while daily turnover stood at Rs. 6.35 arba.
Nepal Moves to Introduce Separate LPG Cylinders and Prices for Homes, Businesses
The government has formed a committee to study separate LPG cylinder sizes and pricing for household and commercial users, with a report expected within 15 days.
Travel Alert: Avoid Night and Long-Distance Travel Until Ashoj 12
The Federation of Nepalese National Transport Entrepreneurs has urged passengers to avoid night-time and non-essential long-distance travel until Monday, Ashoj 12, citing increased risks from continuous rainfall.
Nepal Bank Deposits Rs. 84.20 Lakh Employee Contribution to Disaster Relief Fund
Nepal Bank Limited has deposited Rs. 84.20 lakh collected from its employees’ salaries into the Prime Minister’s Disaster Relief Fund to support flood-affected communities.