Latest NEPSE and Share Market News - Page 21
NEPSE Extends Losses, Drops 4.82 Points to Close at 2,598.89
The Nepal Stock Exchange (NEPSE) declined by 4.82 points on Wednesday, extending its losing streak for a second consecutive session. Total turnover stood at Rs. 4.76 arba, with Ghalemdi Hydro leading the turnover chart.
Nepal’s Demat Accounts Cross 8.09 Million as Capital Market Participation Grows
The number of Demat accounts in Nepal has surpassed 8.09 million, while active Mero Share accounts have crossed 5.12 million, reflecting continued participation in the capital market.
NABIL, GBBL Share Prices Adjusted for Bonus Shares
NEPSE has adjusted the share prices of Nabil Bank and Garima Bikas Bank following their book closures for bonus share distribution and AGM purposes.
Gold, Silver Prices Rise in Nepal; Gold Jumps Rs. 2,800 Per Tola
Gold prices climbed by Rs. 2,800 per tola, while silver gained Rs. 30 in the domestic market on Wednesday.
Dashain Ticket Booking Sparks Dispute Between Transport Department and Operators
The Department of Transport Management wants advance ticket booking for Dashain to open before Ghatasthapana, while transport operators are reluctant due to severe damage to major highways caused by recent floods and landslides.
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.