Stock related news & regulations of Security Exchange Board of Nepal

Kathmandu, January 14 - The Securities Board of Nepal (SEBON) — the capital market regulator of the country — has directed the Nepal Stock Exchange (Nepse) and listed firms in the secondary market to submit their annual and financial reports as soon as possible.

Issuing a letter to Nepse and the individual listed firms, SEBON has urged them to submit the reports as early as possible.

“Nepse and some listed firms have not submitted their annual reports to the regulator within the deadline,” said Niraj Giri, spokesperson for SEBON. “Listed companies need to submit their annual reports within the end of the first trimester of the next fiscal year and Nepse has to submit the monthly and quarterly reports to the Board.”

As per the provision of the Stock Exchange Operation Regulation 2007, the capital market that means Nepse and the board of directors of listed firms need to submit their reports to SEBON.

The market regulator has prescribed the format to submit the reports and Nepse and the listed firms have to submit the reports in the set format.

Nepse needs to submit the monthly reports of trading to SEBON. Similarly, other listed firms have to submit the annual reports every year and if there are any changes in the structure of the board of directors, management team or the capital structure they need to report about the changes to SEBON.

Source: The Himalayan Times

Corporate News

Country’s forex reserves slump to 32-month low

Kathmandu, December 24- Nepal’s foreign exchange reserves have slumped to a 32-month low despite robust growth in remittance income and downward revision in foreign exchange facility for Nepalis visiting overseas, raising the spectre of the country facing a balance of payments crisis if the problem continues to grow.

Read more ...

Doha Bank opens representative office in Nepal

Kathmandu, December 19 - Doha Bank, one of the largest commercial banks in Qatar, has opened its liaison office in Nepal as per the permission granted by the central bank about six months ago.

Read more ...

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 ...
Symbol % Change Last Price Turnover
UPPER 9.8940 311.0 17,879,130.0
NHDL 5.0000 147.0 89,400.0
CBBL 3.9326 925.0 20,771,716.0
EDBL 3.7037 280.0 178,294.0
CFCL 3.6697 113.0 12,674.0
Symbol % Change Last Price Turnover
SEF -10.0000 9.0 18,695.0
SAEF -10.0000 9.0 6,587.0
JOSHI -9.6654 243.0 17,410.0
KEBL -4.7619 180.0 402,873.0
SADBL -3.8710 149.0 2,298,412.0
Symbol % Change Last Price Turnover
NBL 0.6873 293.0 25,427,476.0
CIT -2.3479 2,745.0 22,178,844.0
CBBL 3.9326 925.0 20,771,716.0
UPPER 9.8940 311.0 17,879,130.0
MBL 0.4808 209.0 17,290,711.0