Latest NEPSE and Share Market News - Page 69
Gold, Silver Prices Edge Lower in Nepal
Gold prices fell by Rs 400 per tola, while silver declined by Rs 10 per tola in the domestic market on Sunday, according to the Federation of Nepal Gold and Silver Dealers' Association.
Nepal Moves to Grant Legal Status to Central Bank Digital Currency
A proposed amendment to the Nepal Rastra Bank Act would recognize a central bank digital currency (CBDC) as legal tender, placing it on par with physical banknotes and coins while paving the way for digital banks and fintech firms under the central bank's direct oversight.
PCBL Extends Application Period for Rs. 3 Billion Debenture Issue
Prime Commercial Bank has extended the subscription period for its Rs. 3 billion, 10-year debenture issue carrying a 6.25% annual interest rate until Asar 30.
Only 142,760 Investors Receive Mount Everest Power IPO Shares
Mount Everest Power Development has completed the allotment of its IPO, with 142,760 applicants receiving 10 shares each through a lottery system after the issue was heavily oversubscribed.
Aabhiyan Laghubitta Proposes 100% Rights Share Issue
Aabhiyan Laghubitta has called its sixth AGM to seek shareholder approval for a 100% rights share issue and proposals related to merger and acquisition.
Gold Price Jumps by Rs. 7,200 Per Tola, Nears Rs. 291,000
Gold prices surged by Rs. 7,200 per tola on Friday, while silver also gained Rs. 165, continuing the upward trend in Nepal's bullion market.
NRB Issues Another Rs. 25 Billion Bond to Absorb Excess Liquidity
The Nepal Rastra Bank has announced a one-year bond worth Rs. 25 billion, taking its total bond issuance to Rs. 105 billion in three consecutive offerings to manage excess liquidity in the banking system.
National Assembly to Discuss Budget, Key Financial Bills Today
The National Assembly will discuss the Appropriation Bill, 2083, along with key economic and debt-related bills, as lawmakers review the government's spending priorities for the upcoming fiscal year.
NEPSE Falls 8.30 Points Despite Rs. 4.41 Billion Turnover
The benchmark index declined by 8.30 points as banking stocks weighed on the market, while daily turnover exceeded Rs. 4.41 billion.
Constitutional Council to Meet Today for Key Constitutional Appointments
The council is set to discuss recommendations for filling vacant positions in various constitutional bodies.
Citizens Mutual Fund 2 to Mature on Ashad 21
The seven-year closed-end mutual fund will cease trading after maturity, with investors set to receive payouts following the liquidation of its assets.
Garima Bikas Bank Wins ICAN Silver Award for Best Annual Report
Recognized for transparency and corporate governance, the bank earns another national accolade for its FY 2081/82 annual report.