Latest NEPSE and Share Market News - Page 9
Bhote Koshi Flood Relief: 4,108 Households Receive Rs. 45,000 Each
The government has provided Rs. 45,000 in cash assistance to each of 4,108 households affected by the Bhote Koshi floods in Rasuwa, Nuwakot, and Dhading. Around 1,400 additional households are awaiting verification, with the government aiming to complete the remaining distributions within three days.
Shop Smart with Mahalaxmi Bikas Bank: Get Up to 10% Off at KTM CTY
Mahalaxmi Bikas Bank customers can enjoy discounts of up to 10% on clothing purchases at all 17 KTM CTY outlets across Nepal. The offer is available when paying with the bank’s debit cards, credit cards, or mobile banking services.
Dashain Cash Rush: Rs. 63 Billion Added to Nepal’s Currency Circulation in Ashwin
Nepal’s cash in circulation has climbed to Rs. 857 billion ahead of Dashain, marking an increase of Rs. 63 billion in Ashwin. Meanwhile, approximately Rs. 13 billion worth of new and clean banknotes has been exchanged through Nepal Rastra Bank and commercial banks as households prepare for the festive season.
Sanima GIC Insurance Announces Auction of 235,448 Promoter Shares at a Minimum Price of Rs. 258
Sanima GIC Insurance Limited is offering 235,448 promoter shares through an auction from Kartik 9 to Kartik 12, 2083. The minimum bid price is Rs. 258 per share, with a minimum application of 5,000 units. Sanima Capital Limited will manage the auction.
Nepal’s Economy Grows 3.85% as Public Debt Climbs to Rs 2.98 Trillion
Nepal recorded real economic growth of 3.85% in FY 2025/26, with its GDP reaching Rs 6.6 trillion, according to the Ministry of Finance’s annual Economic Bulletin. While remittance inflows and foreign exchange reserves increased substantially and the budget deficit narrowed, public debt rose to 45.18% of GDP and capital expenditure fell to a five-year low.
NEPSE CEO Appointment Delayed Until After Dashain as Four Candidates Complete Interviews
The selection process for the vacant Chief Executive Officer (CEO) position at the Nepal Stock Exchange (NEPSE) has entered its final stage, with all four shortlisted candidates completing their interviews and professional work plan presentations. However, the selection committee will recommend three candidates to the Cabinet only after the Dashain holidays.
Nepal Plans Lower Electricity Tariffs for Heavy Users to Reduce Wasted Power
Energy Minister Biraj Bhakta Shrestha says Nepal is preparing a revised electricity billing system under which consumers using more electricity could pay lower rates. The government is also assessing flood damage to hydropower infrastructure in the Bhotekoshi region and plans to modernize early warning systems following damage to flood alert equipment.
Beni Hydropower Makes Stock Market Debut at Rs 273 per Share
Beni Hydropower Project Limited (BENH) recorded its first share transaction at Rs 273 per share during Thursday’s special pre-open session on the Nepal Stock Exchange (NEPSE). The company’s shares became eligible for regular market trading following the successful opening transaction.
Rastriya Banijya Bank Opens Rs 3 Billion Debenture Issue Offering 6% Annual Interest
Rastriya Banijya Bank Limited has opened the issuance and sale of its seven-year debenture, 6% RBBL Debenture 2089, from Ashoj 29. The bank plans to issue 3 million debentures worth Rs 3 billion, offering investors a fixed annual interest rate of 6%.
Gold and Silver Prices Slide in Nepal as Gold Drops Rs 1,100 per Tola
Gold prices in Nepal fell by Rs 1,100 per tola, while silver declined by Rs 220 on Thursday, Ashoj 29. According to the Federation of Nepal Gold and Silver Dealers’ Association, gold was traded at Rs 288,400 per tola and silver at Rs 4,035 per tola, extending the recent downward trend in precious metal prices.
NEPSE Gains 4.12 Points to Close at 2,599.93 as Sagarmatha Jalabidhyut Leads Gainers
The Nepal Stock Exchange (NEPSE) edged up 4.12 points (0.15%) to close at 2,599.93. Ghalemdi Hydro topped the turnover chart, while Sagarmatha Jalabidhyut emerged as the day's top gainer with a 12.44% increase.
Nepal Set 264-Run Target for Oman in ICC Men's Cricket World Cup League 2
Nepal scored 263 runs for the loss of eight wickets in 50 overs, setting Oman a target of 264 runs in the ongoing ICC Men's Cricket World Cup League 2 ODI match at Al Amerat Cricket Ground in Oman.