Latest NEPSE and Share Market News - Page 74
Daily Forex Update: Nepal Rastra Bank Fixes Today's Currency Exchange Rates
Nepal Rastra Bank has published today's official exchange rates, setting the US Dollar at Rs. 151.19 (buying) / Rs. 151.79 (selling) and Euro at Rs. 173.14 (buying) / Rs. 173.83 (selling).
Acting CEO Mukesh Kumar Kapoor Resigns from Himalayan Reinsurance
Himalayan Reinsurance Limited's Deputy and Acting CEO, Mukesh Kumar Kapoor, has stepped down from his position, submitting his formal resignation on Ashadh 8, 2083.
Leadership Shift: Chhimek Laghubitta Appoints Rishiraj Joshi as New Board Chairperson
Chhimek Laghubitta Bittiya Sanstha Limited has announced the unanimous election of director Rishiraj Joshi as its new board chairperson during the company's 339th board meeting.
NEPSE Slides Deep: Benchmark Index Drops 26 Points as Turnover Touches Rs. 4.36 Arba
The Nepal Stock Exchange (NEPSE) faced a double-digit correction today, shedding 26.16 points to settle at 2,674.48. While hydropower gainers hit positive circuits, the overall market sentiment remained bearish with a turnover of Rs. 4.36 Arba.
New Company Bill Mandates NEPSE and Brokerage Firms to Convert into Public Limited Companies
A groundbreaking provision in the draft of the proposed Company Act, 2083 requires Nepal's stock exchange and all private broker companies to transform into public limited companies to boost transparency, though an immediate IPO remains optional under company law.
Gold and Silver Prices Drop Sharply in the Nepalese Market
Both gold and silver saw a significant decline in Nepal on Tuesday (Asar 8), with gold dropping by Rs. 1,600 per tola and silver falling by Rs. 140 per tola.
Tragedy at Ras Laffan: 13 Dead, Dozens Injured—Including Nepalese Workers—in Qatar Gas Facility Blast
A massive explosion and fire at Qatar's Barzan gas facility has left 13 dead and 66 injured, including workers from Nepal. Officials have confirmed that the incident was a technical accident and wider LNG exports remain unaffected.
Banks Must Function as Chariots for the Public, Says Finance Minister Wagle at Nepal Bank’s Hetauda Event
Inaugurating Nepal Bank Limited's new provincial building in Hetauda, Finance Minister Dr. Swarnim Wagle urged banking institutions to honor their historical foundations by prioritizing public benefit and driving regional economic growth through modern digital solutions.
Avian Influenza Ravages Kathmandu Valley: Over 600,000 Birds Culled and Meat Sales Plunge by 30%
A highly adaptive outbreak of bird flu has turned the Kathmandu Valley into a high-risk hotspot, decimating the poultry sector and causing a massive reduction in daily chicken meat consumption due to consumer panic.
NEPSE Edges Lower in Volatile Session; Daily Turnover Ticks Up to Rs 4.44 Billion
The Nepal Stock Exchange (NEPSE) benchmark index registered a marginal single-digit drop of 1.46 points on Monday, closing at 2,700.65 amid mixed sectoral performance and steady trading volumes.
Sri Lanka’s Exports Defy Middle East Geopolitical Shocks with 6% Growth in Early 2026
Driven by an impressive 10.5% surge in high-value service exports, Sri Lanka registered a 6% year-on-year increase in total export earnings during the first four months of 2026.
Oil Surges and Stocks Retreat as Trump Warns of Military Action and Strait of Hormuz Takeover
Global crude oil prices rallied while Wall Street stock futures slid on Monday following US President Donald Trump’s warnings of potential military strikes against Iran if nuclear negotiations collapse.