Stocks rebound after two straight sessions of decline

Published On: June 2, 2021 08:03 PM NPT By: Republica

KATHMANDU, June 2: The Nepal Stock Exchange (Nepse) index opened Wednesday’s session in green before correcting towards the opening level in the morning. Nonetheless, stocks continued to see strength after mid-day. A steady advance throughout the afternoon trading pushed the index 55.76 points to finish session at 2,827.13.

KATHMANDU, June 2: The government has marked 25 goods and services as essential goods and services, adding three more services to the list.

12,400 people entered Nepal via TIA in May

Published On: June 2, 2021 01:54 PM NPT By: Republica

KATHMANDU, June 2: As many as 12,400 people entered Nepal via the Tribhuvan International Airport in the month of May.

KATHMANDU, June 2: Four airline companies have been allowed to operate regular flights to international destinations starting Tuesday.

Stocks stretch correction as volume dips firmly

Published On: June 1, 2021 10:21 PM NPT By: Republica

KATHMANDU, June 1: The equity market traded over 17 points higher in Tuesday morning, recouping some of the prior day losses. Nonetheless, extended profit booking in the session dragged the market lower as Nepse hovered close to the opening level for most of the afternoon. A dip in the final trading minutes saw the benchmark end with a 11.68 point’s decline at 2,771.15.

KATHMANDU, June 1: Himalayan Reinsurance Company (HRC) has received approval from the Insurance Board (IB) to operate as the second reinsurer in the country.

KATHMANDU, June 1: The Ministry of Finance has started homework for the implementation of the budget of the Fiscal Year 2021/22 for quick results by starting the implementation of plans and programs mentioned in the budget on time.

KATHMANDU, June 1: The government is imposing a ban on the use of plastic bags in shopping malls, department stores and other business establishments starting this new fiscal year.

Farmers given paddy seeds in subsidy

Published On: June 1, 2021 08:30 AM NPT By: RSS

NAWALPUR, June 1: Madhyabindu Municipality in Nawalpur district has provided quality paddy seeds to farmers at  50 percent subsidized rate.

KATHMANDU, May 31: The equity market saw strength in the beginning trading hour as the Nepal Stock Exchange (Nepse) index touched 2,850 mark briefly in the morning. However, aggressive profit taking continued thereafter. The index pulled back towards the opening level in the morning before making a brief recovery at mid-day. Gains remained truncated as selling pressure dragged the market in red in the latter part of the session. At Monday’s close, Nepse stood at 2,782.86 – a dip of over 45.07 points against the prior session.