Latest NEPSE and Share Market News - Page 62
Government Sets Deadline to Clear Overhead Utility Wires
The government has intensified efforts to manage Kathmandu Valley’s tangled electricity and telecom cables, directing concerned agencies to complete the work within a fixed timeframe through a coordinated action plan.
AKPL Announces Sale of 300,000 Ingwa Hydropower Shares
Arun Kabeli Power Limited (AKPL) has announced plans to sell 300,000 shares of Ingwa Hydropower Limited through the secondary market, issuing a 15-day public notice in compliance with regulatory requirements.
NRB Launches Rs. 100 Billion Deposit Collection Drive
Nepal Rastra Bank will collect Rs. 100 billion in deposits from banks and financial institutions through an online bidding process today as part of its liquidity management operations.
Domestic Gold Price Climbs by Rs. 800
Gold prices in Nepal increased by Rs. 800 per tola on Wednesday, while silver also gained Rs. 55 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.
NEPSE Extends Rally, Gains 14 Points
The Nepal Stock Exchange (NEPSE) extended its gains on Wednesday, rising 14 points to close at 2,590.29, with daily turnover exceeding Rs. 4.17 billion.
SEBON Sets 10-Year Vision to Strengthen Capital Market
The Securities Board of Nepal (SEBON) has unveiled the Capital Market Development Roadmap 2083, outlining a 10-year strategy to transform Nepal’s capital market into a major driver of economic growth and align it with international standards.
Second Day of Protests Disrupts Work at Singhdurbar
Temporary, contract, and daily wage government workers continued their protest for a second day at Singhdurbar, opposing the government's decision to terminate their contracts and warning that tens of thousands of jobs could be lost.
SEBON to Introduce Short Selling in Nepal’s Capital Market Soon: Chairman Bhatt
SEBON Chairman Dr. Gopal Prasad Bhatt has announced plans to introduce short selling in Nepal’s capital market, allowing investors to profit even when share prices decline and promoting a more balanced market.
Muktinath Bikas Bank Donates Biological Microscopes to Nepal Red Cross
Under its Corporate Social Responsibility (CSR) program, Muktinath Bikas Bank has donated three biological microscopes to the Nepal Red Cross Society, Lumbini Province, to support safe and quality blood transfusion services.
Former Nepal Telecom MD Sunil Poudel Jailed in Illegal Property Case
The Special Court has convicted former Nepal Telecom Managing Director Sunil Poudel of illicit enrichment, sentencing him to two years and six months in prison while ordering the confiscation of assets worth over Rs. 1.275 billion.
RSML Lock-in Shares to Become Tradable from Bhadra 1
Reliance Spinning Mills Limited has announced that the six-month lock-in period on 770,640 shares allotted to Qualified Institutional Investors (QIIs) will expire on Bhadra 1, 2083, making the shares eligible for trading on the Nepal Stock Exchange.
Nepal's Banks Overflow With Deposits, But Credit Demand Slumps
Nepal's banking sector is witnessing a sharp rise in deposits and excess liquidity, but weak credit demand from businesses and households is limiting lending growth, highlighting sluggish economic activity despite historically low interest rates.