Latest NEPSE and Share Market News - Page 76
Finance Minister Dr. Swarnim Wagle Defends FY 2026/27 Budget as a Bold Roadmap to Shift from Consumption to Production
Finance Minister Dr. Swarnim Wagle stated that the FY 2083/84 (2026/27) budget aims to alter the nation's economic destiny by shifting from a remittance-reliant system to a production, investment, and export-driven economy.
Gold and Silver Prices Plmet in Nepalese Market with Historic Drop
Gold prices plunged by a massive Rs. 10,500 per tola, while silver dropped by Rs. 305 per tola on Friday, Ashar 5.
United Ajod Insurance (UAIL) Proposes 4.5% Dividend for Shareholders
United Ajod Insurance Limited (UAIL) has announced a 4.51% total dividend, including 4.28% bonus shares, from the profits of the last fiscal year.
Nepal Rastra Bank Fixes Today's Forex Rates; US Dollar at NPR 150.95 Buying and NPR 151.55 Selling
Nepal Rastra Bank (NRB) has unveiled the official foreign exchange reference rates for Thursday. Under the latest reference schedule, the US Dollar is pegged at a buying rate of NPR 150.95, while major European currencies like the Euro and UK Pound Sterling maintain strong benchmarks at NPR 174.95 and NPR 202.36 (buying), respectively.
NEPSE Edges Lower by 5 Points; Apollo Hydropower Hits 15% Positive Circuit
The Nepal Stock Exchange (NEPSE) index witnessed a minor correction on Thursday, sliding by 5.06 points to close just above the 2,700 mark. Despite the quiet market sentiment and a total turnover of NPR 3.41 Arba, Apollo Hydropower Limited stole the spotlight by hitting a massive 15% positive circuit.
Nepal Rastra Bank Proposes Strict Curb on Political Activity and Strikes for Bank Employees
Nepal Rastra Bank has drafted severe restrictions for banking sector employees, proposing a blanket ban on political affiliations, election campaigning, and participating in disruptive strikes, while preserving their fundamental right to vote and join professional bodies.
Himalayan Power Partner Limited Concludes Auction for 468,740 Units of Unclaimed Rights Shares
Himalayan Power Partner Limited (HPPL) has officially closed its public auction today for 468,740 units of ordinary rights shares that remained unsubscribed during its recent 1:0.50 rights offering.
Finance Minister Assures Rigorous Multi-Generational Background Checks for SEBON and Insurance Authority Chiefs
Finance Minister Dr. Swarnima Wagle has announced that the vacant leadership roles at the Securities Board of Nepal (SEBON) and the Nepal Insurance Authority will only be filled after rigorous background screenings, revealing that a candidate for SEBON has been identified but remains under deep review.
Citizens Bank Opens Sale of 77,578 Units of Founder Shares to General Public
Citizens Bank International Limited (CZBIL) has opened the sale of 77,578.31 units of founder shares to qualified individual and institutional investors after existing promoters declined to purchase them within the initially allocated timeframe.
Salapa Bikas Bank Announces Lock-In Expiry for Mutual Fund Shares
Salapa Bikas Bank Limited (SABBL) has notified investors that the mandatory six-month lock-in period for 58,114 units of shares allocated to mutual funds will expire on Ashar 24, 2083, allowing these institutions to trade the shares freely in the secondary market.
Everest Color Limited IPO Allotted; Only 65,570 Applicants Receive Shares
Muktinath Capital has finalized the allotment of Everest Color Limited's IPO via a lottery system, where a massive oversubscription left only 65,570 lucky applicants with 10 shares each out of over 2.6 million valid bids.
Gold and Silver Prices Document Minor Intra-Week Decline in the Nepali Market
Precious metals in Nepal recorded a marginal drop on Thursday, with gold dipping by NPR 100 per tola and silver sliding by NPR 35 per tola, offering a brief breather after recent market highs.