KATHMANDU, March 22: Balefi Hydropower Limited is going to open the sale of ordinary shares to the public from October 21. The company is set to open a sale of 1,827,097 initial public offerings (IPO) at a face value of Rs 180.27 million.
KATHMANDU, Dec 12: CPN (Maoist Center) Chairman Pushpa Kamal Dahal has said that the investment of capital in the share market that should have been invested in the industrial sector is a developed form of imperialism.
KATHMANDU, Sept 30: Today is the last day to apply for the IPO of Buddhabhumi Nepal Hydropower. The company has issued 800,000 IPOs with a face value of Rs 100 per share. Similarly, the company has issued ordinary shares worth Rs 80 million.
KATHMANDU, Sept 8: The Initial Public Offering (IPO) of Terhathum Power Company is scheduled to be distributed on Friday. According to NIBL Ace Capital, preparations are being made to allot the company’s shares on Friday after the pre allotment concluded on Tuesday.
KATHMANDU, June 4: Following the unveiling of the budget for the coming fiscal year, the stock market witnessed substantial enthusiasm on Sunday with a record turnover of over Rs. 17 billion. The benchmark Nepal Stock Exchange (Nepse) index rose 12.53 points on Sunday. Nonetheless, with profit taking seen in most of the sectors on the following day, Nepse gave up 45.07 points on Monday extending its losses to Tuesday where it lost another 11.71 points. The equity market made a significant recovery towards the end of the week registering gains of 55.98 points and 29.64 points on Wednesday and Thursday. Nepse rose 41.37 points or 1.47% in the week to finish at a fresh record at 2,856.77.
KATHMANDU, April 1: The Nepal Stock Exchange (Nepse) index opened the last trading session of the week in green but profit boking in the morning dragged the benchmark towards red briefly. However, stocks found some footing after mid-day and climbed above the opening level to trade around 15 points higher. Stocks plateaued thereafter, finally closing Thursday’s session at 2,631.90 – up 12.88 points against the session earlier.
KATHMANDU, March 23: The equity market opened in the green note in the pre-opening session, but the Nepal Stock Exchange Nepse) index immediately pulled back to trade in red within few minutes of the trading session. Nonetheless, Nepse managed to recoup its early losses within half an hour of trading and continued on the positive side of the spectrum in the latter trading hours. In the end, Nepse closed the day 14.57 points up at 2528.96. The bourse witnessed a total turnover of over Rs.514 billion on the day.
KATHMANDU, March 21: Local equities stretched its prior week gaining spree as Nepse kicked off week with a substantial advance. The index climbed as high as 2,511 points in the morning but saw a pullback at mid-day. Nonetheless, the market remained firmly in control of bulls in latter trading hours. The index rose around 60 points in the afternoon and plateaued thereafter. A closing minutes’ rise saw the benchmark end with a gain of 63.38 points at 2,538.47.
KATHMANDU, March 19: The Nepal Stock Exchange (Nepse) index witnessed a notable dip with the index sinking 51.23 points on Sunday followed by an 18.07 points decline on Monday. While the index remains unchanged on Tuesday’s trading and closed by a slight increment of 2.22 points. Whereas the market found some footing on Wednesday and Thursday’s trading with a gain of 40.41 points and 42.94 points respectively. Eventually, the index ended the review period 16.6 points or 0.68% higher at 2475.09.
KATHMANDU, March 16: The equity market opened in green and traded slightly higher in the first trading hour. A rally saw the Nepal Stock Exchange (Nepse) index climb above 2,400 points at mid-day, but a firm correction pulled the index towards red in the afternoon. Following a late afternoon recovery, the index ended the day with a modest 2.56 point’s gain at 2,391.74.
KATHMANDU, March 15: The Nepal Stock Exchange (Nepse) index fell sharply in the morning to trade around 2,380 mark in the first few minutes of the session. A sharp recovery followed suit pushing the index around 25 points higher at mid-day. The rally, nonetheless, remained short lived as the index pulled back to the opening level to trade flat in the afternoon. A slump in the closing hour pushed the benchmark 18.07 points lower to finish at 2,380.19.
KATHMANDU, March 14: The benchmark equity index witnessed feeble momentum at the starting of the week and remained on the negative side of the spectrum in the entire trading session. In the end, the market closes at 2,407.26 – down 51.23 against Thursday’s close.
KATHMANDU, March 9: The equity market began the trading day on the upper side of the spectrum, but quickly dragged to trade in the lower note. Likewise, the index continued to trade in the red note in the latter trading session. At the close, the benchmark Nepal stock Exchange (Nepse) index ended the Tuesday’s trading session 23.22 points at 2461.88.
KATHMANDU, March 4: The local equity market saw upbeat trading throughout the last trading session of the week. The index opened the trading session in positive note and maintained its foothold in green for rest of the session. At the end, equity market closed at 2506.28- up 90.27 points.
KATHMANDU, Feb 28: Stocks came under pressure since the beginning of Sunday’s trading session. The Nepal Stock Exchange (Nepse) index fell around 50 points in the morning before recovering slightly. However, equities continued to falter further in the latter trading hours. At the close, Nepse finished 79.74 points lower at 2,474.39.
KATHMANDU, Feb 26: The Nepal Stock Exchange (Nepse) index opened the week with a modest gain. The benchmark climbed 3.67 points on Sunday. Thereafter, the equity market witnessed notable dip with the index sinking 32.68 points on Monday followed by a 21.16 point’s decline on Tuesday.
KATHMANDU, Feb 25: Following a small recovery in Wednesday, the Nepalese equity market extended its correction on Thursday. The Nepal Stock Exchange (Nepse) index witnessed constant pressure in the session. After trading unchanged for about half an hour, the benchmark saw a steady decline eventually finishing at 2,554.14 – down 44.94 points against the session earlier.
KATHMANDU, Feb 22: The Nepalese equity market opened Monday’s session in green but gave up morning gains within the first trading hour. Stocks remained under pressure thereafter and fell more than 20 points at mid-session. Further selling pressure towards the closing hours saw the benchmark close with a loss of 32.67 points at 2,607.67.
KATHMANDU, Feb 21: After opening firmly in green, the Nepal Stock Exchange (Nepse) index saw a steady decline in the morning to trade more than 18 points lower before mid-day. However, a recovery in the afternoon pushed the benchmark in the positive territory. The index plateaued in the remaining trading hours finally closing Sunday’s session with a 3.66 point’s gain at 2,640.35.
KATHMANDU, Feb 16: Stocks witnessed a sharp rally in the morning with the benchmark reaching as high as 2,565 mark. A minor correction saw the Nepse index erase some of its morning gains. However, strength in the latter trading hours pushed the index higher. Following a steady surge until the closing bell, Nepse closed Monday’s session with 92.42 point’s gain at 2,586.01.
KATHMANDU, Feb 8: The Nepal Stock Exchange (Nepse) index opened Monday’s session firmly higher but saw some retracement in the morning. Another advance followed suit with the index reaching as high as 2,560 points around mid-day. Stocks saw another correction in the afternoon. However, a final hour surge saw the index finish with a gain of 37.48 points slightly off its intraday high at 2,561.48.
KATHMANDU, Feb 5: The local benchmark came under notable pressure in the beginning of the week with the Nepal Stock Exchange (Nepse) shedding more than 54 points on Sunday. Nonetheless, the bourse saw a massive rebound in the subsequent sessions.
KATHMANDU, Feb 4: A sharp sell off early in the morning pushed the local benchmark more than 20 points lower within the first 15 minutes of Thursday’s session. A recovery ensued as the index recouped all of its morning losses by mid-day. The Nepse index plateaued thereafter but managed to close in green on the back of gains seen in some of the composite sectors. Nepse capped the week with a 8.34-point’s daily gain at 2,475.27.
KATHMANDU, Feb 2: The local bourse began Tuesday’s trading in green as stocks extended prior day’s advance. The index saw further strength in the afternoon and traded in positive territory throughout the remaining trading hours. A steady advance throughout the session saw Nepse end with a notable 65.49 point’s gain at 2,473.74.
KATHMANDU, Jan 28: The equity market witnessed selling pressure throughout Thursday’s session. After trading higher briefly in the morning, the Nepal Stock Exchange (Nepse) index pulled back to trade in red at mid-day. Stocks struggled further in the afternoon as the benchmark closed the day 16.55 points lower at 2,425.30.
KATHMANDU, Jan 26: The Nepal Stock Exchange (Nepse) opened 20 points higher but witnessed a sharp correction in the shortly thereafter. The benchmark quickly recovered its losses in the morning and traded in green at mid-day. The index swung between gains and losses in the latter trading hours finally ending 17.79 points lower at 2,423.09.
KATHMANDU, Jan 25: The equity index opened Monday’s session in green before retracing close to the opening level in the morning. The Nepse index saw a steady decline before mid-session with the benchmark falling as much as 15 points. However, a recovery in the latter trading hours saw the index close with a gain of 16.04 points at 2,440.88.
KATHMANDU, Jan 19: The local stock market’s benchmark opened the day in positive territory. However, profit booking in the early trading hour pulled the Nepal Stock Exchange (Nepse) index towards red at mid-day where the index fell around 30 points. A recovery in the latter hours saw the index recoup most of its earlier losses. Nepse ended the day with a modest 5.57 point’s decline at 2,326.90.
KATHMANDU, Jan 18: The Nepal Stock Exchange (Nepse) index opened Monday’s session in green but corrected slightly in the morning. Nonetheless, the equity market continued to see notable strength as the index peaked at 2,340 at mid-day. After a small retracement in the closing hours, Nepse ended the day at 2,332.32 – up 17.31 points against the day earlier.
KATHMANDU, Jan 17: After witnessing a firmly upbeat trading week, stocks stretched its advance to Sunday’s trading. While the first few minutes of trading was highly volatile, stocks saw stability after mid-day.
KATHMANDU, Jan 15: Second trading week of January registered an uplifting start with the benchmark Nepal Stock Exchange (Nepse) index rising more than 41 points on Sunday. The buying momentum eased slightly on Monday with the market closing with a modest 3 point’s gain. Nonetheless, the equity market saw further strength on Tuesday’s and Wednesday’s session as the benchmark added 28 points and 18 points, respectively. The market remained closed on Thursday due to public holiday. Overall, the index’s weekly gain tally stood at 92.06 points or 4.2%. Nepse finished the week at 2,286.55.
KATHMANDU, Jan 12: The equity market opened the day slightly in green and witnessed minor correction in the morning. The stock market saw considerable strength thereafter, and saw a steady advance till the end of the trading day. At the close, the Nepal Stock Exchange (Nepse) finished at 2,267.96 – up 28.53 points against the session earlier.
KATHMANDU, Aug 27: The local stock market opened in green on Thursday, the last trading day of the week. After trading around 10 points higher briefly in the morning, the Nepal Stock Exchange (Nepse) index witnessed a sharp pullback to trade around 4 points lower before mid-day. Thereafter, the index gyrated along the opening level throughout the afternoon, finally closing the day with a modest loss of 4 points at 1,458.04.
KATHMANDU, Aug 22: The local bourse opened the review period on a weak note as the benchmark Nepal Stock Exchange (Nepse) index fell over 17 points on Sunday. Nonetheless, Nepse erased early-week losses mid-week with Monday and Tuesday witnessing gains of 10.75 points and 5.68 points, respectively. While the index pulled back another 16.6 points on Wednesday, the last trading day of the week saw the index make a modest recovery. Nepse added 6.28 points on Thursday. Overall, the index ended the week 11.22 points or 0.8 percent lower at 1,397.57 points.
KATHMANDU, Aug 14: The stock market opened the week on a firmly upbeat note with the Nepal Stock Exchange (Nepse) benchmark index adding 11.3 points on Sunday, followed by a gain of 37.73 points on Monday.
KATHMANDU, Aug 14: After witnessing a steep drop in the morning, the Nepal Stock Exchange (Nepse) index traded over 10 points lower at mid-day. The local bourse tried to recoup earlier losses in the afternoon, but lost its footing further towards late afternoon. At the close, Nepse closed at 1,408.79 points – down by 16.53 points against the session earlier.
KATHMANDU, Aug 3: After seeing a month of upbeat trading as lockdown eased, the stock market made a significant recovery reaching as high as 1,560 points on intraday level in mid-July. Following some retracement from that point, the index accelerated losses on the first trading day of August as the rising coronavirus cases have stoked fear among investors. Hence, sellers remained in full control on Sunday’s trading.
KATHMANDU, July 31: The local stock market witnessed upbeat trading on the first trading day of the week. On Sunday, stocks closed firmly higher as the Nepal Stock Exchange (Nepse) index added 1.56 percent. However, the buying pressure receded on Monday as the index pulled back a meager 0.18 percent. The exchange accelerated losses on Tuesday and Wednesday with declines of 0.52 percent and 1.61 percent, respectively, while Thursday was marked by a modest gain of 0.53 percent. Eventually, the index ended at 1,439.06 – down 3.55 points or 0.25 percent against the week earlier.
KATHMANDU, July 30: Stock market came under considerable pressure on Wednesday’s trading. After a fall of nearly 14 points within an half hour of trading in the morning, the Nepal Stock Exchange (Nepse) benchmark index tried to hold ground at mid-session. However, pulled by a constant bearish pressure, the market witnessed a steady decline till the final trading hours. At the close, the index stood at 1,431.52 points – down by 23.36 points against Tuesday’s close.
KATHMANDU, July 13: A sharp rally in the morning saw the Nepal Stock Exchange (Nepse) index shoot up by almost 20 points in the first half an hour of trading. The index pulled back thereafter but maintained a positive stance throughout the latter trading hours. At the close, Nepse registered a gain of 9.02 points to settle at 1,340.29.