Latest NEPSE and Share Market News - Page 33
China Steps Up Rescue Efforts After Deadly Kerung Landslide
China has intensified rescue and relief operations at the Kerung (Gyirong) border following a devastating landslide on August 26, with 43 deaths confirmed and 519 people still missing.
Sarbottam and Jagdamba Cement Donate Rs. 11.11 Million for Flood Relief
Sarbottam Cement and Jagdamba Cement have jointly contributed Rs. 11.11 million to the Prime Minister’s Disaster Relief Fund to support victims of the devastating Bhote Koshi floods in Rasuwa.
Finance Minister Pushes for Legal Reforms in Capital Market
Finance Minister Dr. Swarnim Wagle has directed authorities to propose legal measures aimed at strengthening and improving Nepal’s capital market.
SMHL Share Price Adjusted After 15% Bonus
Super Madi Hydropower’s share price has been adjusted to Rs. 458.26 following the book closure for its proposed 15% bonus shares.
Global IME Bank to Hold AGM to Approve Dividend
Global IME Bank has called its 20th Annual General Meeting to approve a 4% bonus share and 6% cash dividend proposed from last fiscal year’s profit.
Road Collapse Turns 6-Hour Journey into 13-Hour Ordeal
The collapse of the Prithvi Highway at Krishnabhir in Dhading has disrupted Lamjung–Kathmandu travel, forcing vehicles onto longer routes and sharply increasing travel time and fares.
Flood Shock Spreads Beyond Affected Hydropower Stocks
The Rasuwa floods directly damaged seven hydropower companies, but uncertainty surrounding reconstruction, insurance claims, and future earnings has dragged down the broader market and intensified selling pressure across several sectors.
Gold and Silver Prices Surge in Nepal
Gold prices jumped by Rs. 3,500 per tola while silver gained Rs. 100 per tola in the Nepali market on Tuesday.
Prime Bank Lists Rs. 3 Billion 6.25% Debenture 2093 on NEPSE
Prime Commercial Bank has listed 3 million units of its 10-year 6.25% Prime Bank Debenture 2093 on NEPSE at a face value of Rs. 1,000 per unit.
President Paudel Takes Stock of Bhote Koshi Flood Damage, Visits Nuwakot and Rasuwa
President Ram Chandra Paudel inspected Bhote Koshi flood-hit areas in Nuwakot and received updates on rescue, relief and rehabilitation efforts before heading to Rasuwa.
US Secretary Rubio Calls Rabi Lamichhane, Pledges Support Amid Bhote Koshi Disaster
US Secretary of State Marco Rubio expressed condolences over the Bhote Koshi flood deaths and assured RSP Chairman Rabi Lamichhane of continued US support for Nepal’s disaster response.
NIC Asia Capital to Launch Rs. 800 Million Equity Opportunity Fund
NIC Asia Capital is set to issue 80 million units of its new closed-ended mutual fund, NIC Asia Equity Opportunity Fund, at a face value of Rs. 10 per unit.