Tag Archives: Nepse

Nepse surges by 50 points on Monetary Policy

Share market reacted positively on Monetary Policy – that directed banks and financial institutions to hike paid up capital to Rs 8 billion by next two year – as Nepal Stock Exchange (Nepse) today leaped by 50.57 points to close

Share market likely to open from May 24

Instead of tomorrow, the share market is going to start trading from May24. The market has been closed since April 26 after the devastating 7.8-magnitude earthquake of April 25. And it had initially planned to start trading from tomorrow. But

Stock market bounces back as officials soothe investors

The stock market bouned back today as the capital market regulator tried to sooth the investors. Nepal Stock Exchange (Nepse) index gained 44.5 points, or 5.08 per cent, in the intra-day trading today to close at 920.06 points. The buying

Capital market regulator urges financial market regulator for better coordination

The capital market regulator urged the financial market regulator to coordinate before bringing any policy as it could hit the capital market. Securities Board of Nepal (Sebon) today asked central bank to coordinate with it before taking any decision on

Stock investors want central bank’s support

Investors asked the central bank today to bring policy to boost the capital market confidence rather than discouraging them. Any decision the central bank takes about the banks and financial institutions will affect stock market, said president of Nepal Investors

Nepse loses historic five per cent in a day

Nepal Stock Exchange (Nepse) today lost a historic 46.13 points – or five per cent – to close the market at 875.56 points. The stock market today also attracted circuit breaker thrice – halting the trading for 15 minutes, half

Nepse directs firms to demat stocks within 21 days

Nepal Stock Exchange (Nepse) today directed the listed companies – that are yet to be registered with CDS and Clearing (CDSC) – to dematerialise their shares within the next three weeks. Currently, out of 240 listed companies, only 68 have

Rastriya Banijya Bank to offload cross holding shares through auction from Sunday

Rastriya Banijya Bank is offloading cross holding shares of Nepal Investment Bank and Nepal Aawas Finance partially to small investors, if they are not fully subscribed. The fully-government owned bank has decided to offload its 6,220,066 units of Nepal Investment

Nepse asks short-listed firms to submit request for proposal

Nepal Stock Exchange (Nepse) called today for request for proposal from the three short-listed firms to become consultant and recommend business requirement specifications to implement its planned online trading system. Daiwa Institute of Research, The International Securities Consultancy and Korea

Stock market bounces back

The stock market bounced back today as it jumped by 38.57 points to close the market at 960.43 points following the central bank’s clarification that it has not been trying to tighten investment of the banks and financial institutions in

Central bank tries to calm stock investors

The central bank today asked the investors not to be buoyed by rumours at the stock market. The central bank’s move to clip the wings of banks and financial institutions on short-term investment on the stock market has been blamed

Government urges stock investors to calm down

The government today urged investors not to panic as the share market has been ‘unnaturally’ looking down. Speaking at a press meet joint secretary at the Finance Ministry Krishna Prasad Devkota said that the government was aware of the unnatural

Nepse index plunges by 37.62 points in a single day

Nepal Stock Exchange (Nepse) index lost 37.62 points – 3.82 per cent – to close the market at 947.84 points today due to psychological fear created by mis-information of the central bank’s latest diktat. The largest intra-day trading loss  attracted

More than half of listed companies yet to demat their shares

The listed companies are reluctant to demat their stocks at CDS and Clearing Ltd (CDSCL), despite Nepal Stock Exchange’s ultimatum to register by mid-August. “Only three companies have registered themselves at the CDS and Clearing within mid-August deadline,” the CDS

Nepse plunges below 1,000 points

The stock market today plunged to below 1000 points after a long winning streak after July 8. Nepal Stock Exchange (Nepse) lost 17.91 points to close at 995.71 points by the end of today’s trading. Though the experts blamed central

Sebon to allow merchant banks to expand service

The capital market regulator is planning to allow merchant banks expand their services with increased paid up capital. Securities Board of Nepal (Sebon) is going to let the merchant banks do consultancy services, said an official at the board. A

Everest Insurance resumes stock trading

After seven months, Everest Insurance Company is back to the stock exchange from today as its 1,000 units of shares were traded in a single transaction at Rs 215 per unit at the Nepal Stock Exchange (Nepse). Nepse had suspended

Nepse on bullish trend

Nepal Stock Exchange (Nepse) broke the six year drought and shot up by 16.07 points to close the day’s trading at 846.78 points, today. On January 28, 2007, the Nepse index had reached 842.6 points. However, it slid down to