Weekly Stock News October 21- 25
Kathmandu, October 27- The country’s sole secondary market has been quite stable in recent weeks due to the festive season. Market experts have explained that taking into account the general trend of the market, the index is moving in the right direction.
Readmore...Automated online trading system from July 17
Brokerage firms do not seem fully prepared
NBA for scrapping CCD ratio requirement to ease ‘credit crunch’
KATHMANDU, June 19: Bankers have demanded the removal of credit to core capital and deposit (CCD) ratio, stating that the prudential lending limit set by the Nepal Rastra Bank (NRB) is the main culprit behind the ‘credit crunch’.
NTA, NRB to sign MoU to promote digital financial system
KATHMANDU, June 18: Nepal Telecommunications Authority (NTA) is preparing to sign a Memorandum of Understanding (MoU) with Nepal Rastra Bank (NRB) for expanding digital financial services across the country.
Govt rolls back its decision to introduce new CGT formula
KATHMANDU, Jun 6: The government has rolled back its decision to introduce new formula to calculate capital gains tax on rights and bonus shares following criticisms from all quarters.
IFC, NRB launch guidelines to minimize financial risks
KATHMANDU, May 28: IFC, a member of the World Bank Group, has assisted Nepal Rastra Bank (NRB), the central monetary authority of Nepal, in developing the country’s first Environmental and Social Risk Management (ESRM) guidelines for the financial sector.
Central bank issues rules on digital payment system
Kathmandu, April 17 - Nepal Rastra Bank (NRB) has issued a circular to regulate digital payment under card facilities, electronic wallet and mobile banking.
WB maintains Nepal’s growth forecast at 4.6pc
Kathmandu, April 16 - The World Bank Group has kept the growth outlook for Nepal unchanged from its initial projection in September at 4.6 per cent, which is relatively low compared to South Asian average growth projection of 5.26 per cent in 2018.
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Corporate News
Parliament body asks govt to solve problem of multiple taxation
KATHMANDU, Aug 15: Parliament’s Finance Committee on Tuesday issued directions to the government to take the lead in solving the chronic problem of multiple taxation by the three tiers of government, as well as the exorbitant hike in tax rates.
Read more ...Trade deficit surged five-fold in last decade
Kathmandu, August 5 - The country’s trade deficit jumped five folds in the last decade as imports have been skyrocketing and exports have slowed to a crawl in the review period.
Read more ...Commercial banks yet to reach 122 local units
KATHMANDU, July 29: According to the latest data of the Nepal Rastra Bank (NRB), commercial banks have opened their branch offices in 631 local units so far, leaving 122 local units without their coverage.
Read more ...Currency war can end global US dollar dominance & those who own gold have power
MOSCOW, June 24: The world is facing a currency war and the only hedge against the crash of the US dollar is real gold, a precious metal analyst has told RT. With geopolitical power shifting from West to East, US dominance may be ending.
Read more ...| Symbol | % Change | Last Price | Turnover |
|---|---|---|---|
| IGI | 7.2973 | 397.0 | 352,720.0 |
| API | 5.6738 | 149.0 | 2,254,309.0 |
| SLICL | 3.9261 | 450.0 | 1,225,598.0 |
| PFL | 3.9063 | 133.0 | 341,863.0 |
| GLICL | 3.4926 | 563.0 | 1,692,704.0 |
Market Summary
| Total Turnover Rs | 370,971,937 |
| Total Traded Shares | 1,374,346 |
| Total Transactions | 4,170 |
| Total Scripts Traded | 162 |
National News
- World Bank approves energy credit to Nepal
- Reserve Bank of India unlikely to swap banned Indian notes lying in Nepal
- Govt keen to buy 935,000 tonnes of fertilisers from India
- Transition to federalism may cost 3-4% of GDP: WB
- Nation facing economic crisis ahead, says FM Khatiwada
- Nepal’s bid to remain among the poorest succeeds
- Local units liable for their expenditure
International News
- Economic reforms in India will help Nepal, says NITI vice chair
- Trade war impact: 25% hike on China's imports to US can make Indian products competitive, says CII
- Trump says deal for young immigrants is ‘NO MORE’
- Rejecting protectionism, ASEAN and Australia commit to free trade
- EU targets 20 nations for helping tax avoidance
- Rasuwagadhi-Kerung becomes int’l crossing point
Corporate Announcement
Dividend - Hotel Soaltee 26.31%
Nov 19, 2018- The meeting of Board of Directors Soaltee Hotel has proposed 26.315789% dividend to its shareholders from the earning of Fiscal Year 2074/75.
Read more ...Dividend - NIC Asia Bank
Nov.18, 2018 - The meeting of Board of Directors of NIC Asia Bank held in Kartik 30, 2075 has proposed 10 percent stock bonus and 0.526 percent cash dividend from the net profit it has earned in the last fiscal year 2074-75.
Read more ...Dividend - Oriental Hotel
Kathmandu- September 25-2018, The meeting of Board of Directors of hotel Oriental (OHL) held on Aashwin 08, 2075 decided to propose 15% stock bonus and 11.32 percent and cash dividend to the shareholders from the earnings of Fiscal Year 2074-75.
Read more ...Uni Lever's Dividend for the Fiscal Year 2074-75
Kathmandu, September 13, 2018 - As per NEPSE, 150th Board meeting of Board of Directors of Unilever Nepal has recommended distribution of Rs700.00 per share as dividend out of the profit available for appropriation for the year 2074/75.
Read more ...Dividend of Mahalaxmi Bikash Bank
Kathmandu, August 28- The board of directors of Mahalaxmi Bikash Bank has proposed 15% dividend (8% stock and 7% cash) from the earning of last fiscal year.
Read more ...Right Share Subscription of NCC Bank starts
Kathmandu, August 21- Nepal Credit and Commerce Bank has opened 50% right share subscription from Bhadra 04, 2075. The share holders having purchased shares up to Sharawan 14,2075 are eligible to apply for the right share of the bank.
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