Latest NEPSE and Share Market News - Page 23
Indian Banks Face 3-Day Nationwide Strike, Five-Day Service Disruption Looms
Indian bank employees are set to stage a three-day nationwide strike from September 28 to 30, demanding a five-day banking week, with payments and other banking services expected to face disruptions.
PM Shah at UNGA: “Nepal Did Not Warm the Planet, Yet We Pay the Ultimate Price”
Prime Minister Balendra Shah has used his address to the 81st UN General Assembly to highlight Nepal’s growing climate vulnerability, call for climate justice and propose a regional Himalayan Climate Resilience Mechanism.
Prithvi Highway Hit by Landslides at Seven Locations Amid Continuous Rainfall
Continuous rainfall has triggered landslides at seven locations along the Prithvi Highway, completely blocking the road at two points and restricting traffic to one-way movement at others.
Gold, Silver Prices Extend Decline in Nepal; Gold Falls Rs. 500
Gold and silver prices continued their downward trend in Nepal on Friday, with gold declining by Rs. 500 per tola and silver by Rs. 30 per tola.
Heavy Rain Alert: Prithvi Highway to Remain Closed at Night
The Prithvi Highway will be completely closed to all vehicles overnight from Thursday evening to Friday morning due to the risk of heavy rainfall, floods and landslides.
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.