Weekly Stock News September 10 to September 14
Investor speculations cause share market volatility
Readmore...NRB gives time to problematic FIs to meet paid-up capital rule
Kathmandu, August 29 - Financial institutions that had been termed ‘problematic’ and have resumed operations after Nepal Rastra Bank (NRB)’s resolution will get two years’ time to meet the paid-up capital requirement set by the central bank.
New NRB rule to hit banks’ lending capacity in short-run
KATHMANDU, Aug 17: A new rule introduced by Nepal Rastra Bank (NRB) that no longer allows bank and financial institutions (BFIs) to count interbank deposits for their credit to core capital-cum-deposit (CCD) ratio has made the situation worse for some commercial banks that are already facing shortage of lendable funds.
NRB issues circular to implement monetary policy
KATHMANDU, August 15 :Nepal Rastra Bank (NRB) has issued a circular to bank and financial institutions (BFIs) for implementing provisions related to house and auto loans ceiling as well as measures to send them to local units, among other provisions, announced in the Monetary Policy for Fiscal Year 2017/18.
Dev banks to be allowed to handle govt transactions in local units
KATHMANDU, August 14: Nepal Rastra Bank (NRB) is preparing to allow development banks to handle government transactions in local units after commercial banks showed reluctant to show their presence in all local units.
Nepal Rastra Bank opens licence for Infrastructure Development Bank
Kathmandu, August 11 - Nepal Rastra Bank (NRB) has opened the licence for Infrastructure Development Bank, which will have paid-up capital of Rs 20 billion.
SEBON issues code of conduct for BoDs
Kathmandu, August 4 - The Securities Board of Nepal (SEBON) has directed its Board of Directors (BoDs) not to invest in the promoter shares of any company that has received any kind of permission from the board and also to refrain from making any investment in the secondary market.
Fin Min Karki defends monetary policy
Kathmandu, July 31 - Finance Minister Gyanendra Bahadur Karki has defended the monetary policy, which has been widely criticized for its likelihood to shrink investment, stating that the policy would in fact be a road map for economic development.
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Corporate News
Nepse issues new directive on market-sensitive info
September 16, Kathmandu-Nepse has instructed listed companies to send information sensitive for securities market in a clearer way. Issuing a letter to listed companies on Friday, Nepse instructed them to notify it about book closure in a clearer way by including details of benefit distribution in both numeric and words in a format prescribed by it.
Read more ...Sana Kisan Bikas Bank gets new CEO
KATHMANDU September 01,2017- Sana Kisan Bikas Bank Ltd (SKBBL) has appointed Shivram Prasad Koirala as its new CEO.
Read more ...SEBON issues sharebroker supervision manual to control possible risks
Kathmandu, August 20 - The Securities Board of Nepal (SEBON) has enforced the sharebroker supervision manual for the institutional capacity enhancement of broker companies.
Read more ...NRB sets criteria for CEOs, directors of BFIs
Kathmandu, August 3 - Nepal Rastra Bank (NRB), the central monetary authority, has set the basic qualification criteria for chief executive officers and board of directors of banks and financial institutions (BFIs) in line with the provision of the Banks and Financial Institutions Act.
Read more ...| Symbol | % Change | Last Price | Turnover |
|---|---|---|---|
| BBC | 9.9756 | 2,701.0 | 3,398,460.0 |
| HAMRO | 6.6327 | 209.0 | 2,066,815.0 |
| FOWAD | 4.2957 | 3,739.0 | 17,633,115.0 |
| PROFL | 3.8136 | 245.0 | 1,003,665.0 |
| NCDB | 3.7037 | 308.0 | 1,041,457.0 |
Market Summary
| Total Turnover Rs | 469,374,947 |
| Total Traded Shares | 1,035,709 |
| Total Transactions | 6,325 |
| Total Scripts Traded | 161 |
National News
- IMF officials see monetary policy heading ‘on the right track’
- Rs 4 billion needed to establish provincial assemblies
- Economy cannot tolerate inflation of over 6.4pc: NRB
- RBI rules out meeting NRB conditions
- ‘NRNs should invest in hydel, service sectors’
- Ginger farmers rue sharp decline in sales
- Productive Sector Lending: Central bank issues mid-July deadline
International News
- Rasuwagadhi-Kerung becomes int’l crossing point
- India’s central bank governor says state banks need more capital
- Debt, protectionism could drag down improving global economy
- G20 to jointly fight bank sector hacking
- Trump attacks restrictions on big banks, retirement advisers
- India admits rupee withdrawal bad for economy
Corporate Announcement
Dividend of Nepal Investment Bank
Kathmandu,September 6 - As per the information from NEPSE, the Board of Directors of Nepal Investment Bank has proposed 15% stock dividend and 25% cash dividend to its shareholders from its performance of last fiscal year.
Read more ...Unilever Nepal Dividend
Unilever Nepal Ltd. has informed NEPSE on 2074-05-12 that the company has reported a revenue of Rs. 4442 Million for the year and a net profit of Rs. 965 Million for the same period.
Read more ...Dividends of Dev Bikash Bank & NMB Sulav Investment Fund 1
August 28, 2017- Deva Bikas Bank Ltd. has informed NEPSE on 2074-05-12 that the BOd meeting of the company held on 2074-05-11 has decided to propose 17.1% stock dividend
Read more ...Prime Life Insurance Dividend
July 30, 2017 - As per theinformation from NEPSE, The Board of Director of Prime Life Insurance has proposed to 25% stock dividend and cash dividend necessary for tax purpose to its shareholders.
Read more ...Global-Reliable pact
June 24, KATHMANDU : A special general meeting of Global IME Bank has approved the acquisition of Reliable Development Bank
Read more ...Everest Bank to issue 33.33% Right Share
Kathmandu, June 15 - Everest Bank will be issuing 3: 1 right shares to its shareholders from Asadh 18, 2074.
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