Stock News
NEPSE Inches Upward with 7-Point Gain Despite Massive 35% Slump in Trading Volume
The Nepal Stock Exchange (NEPSE) index closed slightly higher at 2,745.65 points this week, even as average daily turnover saw a significant decline of over 35%.
New Investment Opportunity Alert: Sanima Equity Fund 2 Hits the Market Today with Rs 1 Billion Issue!
Sanima Capital has opened public subscriptions for its 10-year closed-end mutual fund scheme, Sanima Equity Fund 2, starting May 7.
Deadline Extended! Your Last Shot at Siddhartha Equity Fund 2’s Massive Unit Issue
Siddhartha Capital has extended the application deadline for its 12-year closed-ended mutual fund scheme, Siddhartha Equity Fund 2, until May 18, 2023.
SHOCKING: High-Profile Judge Presiding Over South Korean Former First Lady’s Major Stock Scandal Found Dead
A Seoul High Court judge overseeing a high-stakes stock manipulation appeal involving former First Lady Kim Keon-hee has been found dead near the court building. Authorities have launched an investigation into the circumstances surrounding his death.
NEPSE Under Pressure: Pre-Open Session Sees a Sudden 3-Point Slide!
The NEPSE index fell by 3.21 points to reach 2,708.00 during Thursday's pre-open session, with 21 stocks recording a decline in value.
Veteran Market Analyst 'Shiva Chandra' Joins Intense Race for SEBON Chairmanship
Prominent stock market analyst Purushottam Raj Chimoriya, popularly known as Shiva Chandra, has officially applied for the position of Chairman at the Securities Board of Nepal.
NEPSE Edges Higher: Market Shows Signs of Life in Tense Pre-Open Kickoff!
The NEPSE index recorded a marginal gain of 0.32 points during the pre-open session on the first trading day of the week. Trading volume reached approximately Rs 7.5 million with 50 stocks participating in the session.
NIC Asia Bank Set for Massive Capital Expansion: Central Bank Approves 50% Right Share Issue!
NIC Asia Bank has received preliminary approval from Nepal Rastra Bank to issue 50% right shares to its shareholders. The proposal will be presented at the upcoming 28th Annual General Meeting for final endorsement before proceeding to the Securities Board of Nepal.
NEPSE Bleeds Over 34 Points as Market Slides Below 2,710 Mark
The Nepal Stock Exchange index fell by 1.26% today to close at 2,704.08, with total market turnover reaching Rs. 4.26 Arba.
NEPSE Bloodbath: Market Slumps for Fourth Straight Day as Billions Vanish in Turnover Dip!
The Nepal Stock Exchange (NEPSE) index fell for the fourth consecutive session, dropping 34.63 points to close at 2,704.08. Market turnover also saw a decline, shrinking to NPR 4.26 billion as investor sentiment remained weak.
Broker Blockade! Digital Share Transfer System Ready but Stalled as Brokers Raise Red Flags Over Financial Risks
Online 'BO to BO' share transfer services remain unimplemented in Nepal despite ready software, as stockbrokers cite potential credit risks and settlement loopholes. This delay forces thousands of investors to continue enduring the hassle of physical visits to offices for share transfers.
Himalayan Distillery Defies Economic Slowdown: Profits Skyrocket as Sales Hit Massive 3.09 Billion!
Himalayan Distillery Limited reported a 15.16% increase in net profit and an 11% rise in sales revenue in its third-quarter financial report. Despite economic challenges, the company maintains strong reserves and high investor interest.