2 min read
Fears of renewed conflict in the Middle East have led to a sharp increase in oil prices. On the anniversary of the October 7 attack on Israel, significant price hikes were seen in the London oil market. On Monday, the price of Brent North Sea oil rose by 2.6%, reaching $80.10 per barrel.
NEPSE trading
·8 Oct, 2024
2 min read
Pandit Basu
·8 Oct, 2024
View all
2 min read
Fears of renewed conflict in the Middle East have led to a sharp increase in oil prices. On the anniversary of the October 7 attack on Israel, significant price hikes were seen in the London oil market. On Monday, the price of Brent North Sea oil rose by 2.6%, reaching $80.10 per barrel.
NEPSE trading
·8 Oct, 2024
2 min read
Nepal is grappling with a serious tax evasion problem, with over NPR 18 billion lost to tax evasion, according to recently published figures. The Commission for the Investigation of Abuse of Authority (CIAA) has alerted relevant government agencies to address this situation and take solid action to curb revenue leakage.
NEPSE trading
·8 Oct, 2024
2 min read
CEDB Hydropower Development Company to Change Its Name CEEDB Hydropower Development Company Limited is set to change its name. In today’s annual general meeting, the majority of shareholders approved the proposal to rename the company. The company will now be known as CEDB Holdings Limited. CEDB Hydropower Development Company, which operates within the investment sector, aims to strengthen its identity with this change. Speaking about the rebranding, the company’s CEO mentioned, “This is not just a name change; it’s also a rebranding.” With this change, the company anticipates injecting renewed energy into its business expansion efforts.
NEPSE trading
·7 Oct, 2024
2 min read
Lumbini Development Bank Wins Five Titles at the Emerging Asia Banking Awards 2024 Lumbini Development Bank has achieved a remarkable milestone by winning titles in five categories at the second Emerging Asia Banking Awards 2024, organized by the Indian Chamber of Commerce. The bank participated in five categories and secured victories in all. During the Banking Conclave 2024 held in New Delhi, India, the bank was honored with the following awards: Lumbini Development Bank has achieved a remarkable milestone by winning titles in five categories at the second Emerging Asia Banking Awards 2024, organized by the Indian Chamber of Commerce. The bank participated in five categories and secured victories in all. During the Banking Conclave 2024 held in New Delhi, India, the bank was honored with the following awards:
NEPSE trading
·7 Oct, 2024
2 min read
Here is the economic horoscope for October 7, 2024 (Monday):
Pandit Basu
·7 Oct, 2024
2 min read
With the rise in digital banking, the banking system is undergoing significant changes. Due to the growing usage of mobile banking, cash flow has decreased, and even during the festive season of Dashain, there is noticeably less crowd at banks. The convenience of digital transactions has led to a decline in the number of customers visiting banks for cash transactions.
NEPSE trading
·6 Oct, 2024
2 min read
Here is the economic horoscope for October 6, 2024 (Sunday):
Pandit Basu
·6 Oct, 2024
2 min read
Broker Companies to Launch Their Own Trade Management System (TMS) Broker companies in Nepal are set to launch their own Trade Management Systems (TMS) to facilitate stock trading for investors. Several companies have issued notices informing clients about the upcoming implementation of their independent TMS platforms.
NEPSE trading
·5 Oct, 2024
2 min read
Market Trends and Technical Analysis: What Investors Need to Understand To navigate the complexities of the stock market effectively, investors rely on various strategies to analyze market movements. One of the most prominent tools for understanding these movements is technical analysis. This method is particularly useful in markets like Nepal's, where volatility is high, and accurate timing can make a significant difference. By studying historical data and identifying patterns, investors can forecast potential market trends and make more informed decisions. In this blog, we will explore what technical analysis is, its key components, how it works, and why it can be a valuable tool for investors. To navigate the complexities of the stock market effectively, investors rely on various strategies to analyze market movements. One of the most prominent tools for understanding these movements is technical analysis. This method is particularly useful in markets like Nepal's, where volatility is high, and accurate timing can make a significant difference. By studying historical data and identifying patterns, investors can forecast potential market trends and make more informed decisions. In this blog, we will explore what technical analysis is, its key components, how it works, and why it can be a valuable tool for investors.
NEPSE trading
·4 Oct, 2024
View all
2 min read
Fears of renewed conflict in the Middle East have led to a sharp increase in oil prices. On the anniversary of the October 7 attack on Israel, significant price hikes were seen in the London oil market. On Monday, the price of Brent North Sea oil rose by 2.6%, reaching $80.10 per barrel.
NEPSE trading
·8 Oct, 2024
2 min read
Nepal is grappling with a serious tax evasion problem, with over NPR 18 billion lost to tax evasion, according to recently published figures. The Commission for the Investigation of Abuse of Authority (CIAA) has alerted relevant government agencies to address this situation and take solid action to curb revenue leakage.
NEPSE trading
·8 Oct, 2024
2 min read
CEDB Hydropower Development Company to Change Its Name CEEDB Hydropower Development Company Limited is set to change its name. In today’s annual general meeting, the majority of shareholders approved the proposal to rename the company. The company will now be known as CEDB Holdings Limited. CEDB Hydropower Development Company, which operates within the investment sector, aims to strengthen its identity with this change. Speaking about the rebranding, the company’s CEO mentioned, “This is not just a name change; it’s also a rebranding.” With this change, the company anticipates injecting renewed energy into its business expansion efforts.
NEPSE trading
·7 Oct, 2024
2 min read
Lumbini Development Bank Wins Five Titles at the Emerging Asia Banking Awards 2024 Lumbini Development Bank has achieved a remarkable milestone by winning titles in five categories at the second Emerging Asia Banking Awards 2024, organized by the Indian Chamber of Commerce. The bank participated in five categories and secured victories in all. During the Banking Conclave 2024 held in New Delhi, India, the bank was honored with the following awards: Lumbini Development Bank has achieved a remarkable milestone by winning titles in five categories at the second Emerging Asia Banking Awards 2024, organized by the Indian Chamber of Commerce. The bank participated in five categories and secured victories in all. During the Banking Conclave 2024 held in New Delhi, India, the bank was honored with the following awards:
NEPSE trading
·7 Oct, 2024
2 min read
Here is the economic horoscope for October 7, 2024 (Monday):
Pandit Basu
·7 Oct, 2024
2 min read
With the rise in digital banking, the banking system is undergoing significant changes. Due to the growing usage of mobile banking, cash flow has decreased, and even during the festive season of Dashain, there is noticeably less crowd at banks. The convenience of digital transactions has led to a decline in the number of customers visiting banks for cash transactions.
NEPSE trading
·6 Oct, 2024
2 min read
Here is the economic horoscope for October 6, 2024 (Sunday):
Pandit Basu
·6 Oct, 2024
2 min read
Broker Companies to Launch Their Own Trade Management System (TMS) Broker companies in Nepal are set to launch their own Trade Management Systems (TMS) to facilitate stock trading for investors. Several companies have issued notices informing clients about the upcoming implementation of their independent TMS platforms.
NEPSE trading
·5 Oct, 2024
2 min read
Market Trends and Technical Analysis: What Investors Need to Understand To navigate the complexities of the stock market effectively, investors rely on various strategies to analyze market movements. One of the most prominent tools for understanding these movements is technical analysis. This method is particularly useful in markets like Nepal's, where volatility is high, and accurate timing can make a significant difference. By studying historical data and identifying patterns, investors can forecast potential market trends and make more informed decisions. In this blog, we will explore what technical analysis is, its key components, how it works, and why it can be a valuable tool for investors. To navigate the complexities of the stock market effectively, investors rely on various strategies to analyze market movements. One of the most prominent tools for understanding these movements is technical analysis. This method is particularly useful in markets like Nepal's, where volatility is high, and accurate timing can make a significant difference. By studying historical data and identifying patterns, investors can forecast potential market trends and make more informed decisions. In this blog, we will explore what technical analysis is, its key components, how it works, and why it can be a valuable tool for investors.
NEPSE trading
·4 Oct, 2024
View all
2 min read
CEDB Hydropower Development Company to Change Its Name CEEDB Hydropower Development Company Limited is set to change its name. In today’s annual general meeting, the majority of shareholders approved the proposal to rename the company. The company will now be known as CEDB Holdings Limited. CEDB Hydropower Development Company, which operates within the investment sector, aims to strengthen its identity with this change. Speaking about the rebranding, the company’s CEO mentioned, “This is not just a name change; it’s also a rebranding.” With this change, the company anticipates injecting renewed energy into its business expansion efforts.
NEPSE trading
·7 Oct, 2024
2 min read
Broker Companies to Launch Their Own Trade Management System (TMS) Broker companies in Nepal are set to launch their own Trade Management Systems (TMS) to facilitate stock trading for investors. Several companies have issued notices informing clients about the upcoming implementation of their independent TMS platforms.
NEPSE trading
·5 Oct, 2024
2 min read
Kamana Bikas Bank to Auction 35,534 Promoter Shares Kamana Bikas Bank Limited has announced the auction of 35,534 promoter shares. Previously, the bank had offered these shares to existing promoter shareholders, but since no applications were received within the specified time, the shares are now open for auction to the general public.
NEPSE trading
·4 Oct, 2024
2 min read
Arun Valley Hydropower Calls Annual General Meeting, Dividend Distribution Proposal to Be Passed Arun Valley Hydropower Company has scheduled its Annual General Meeting (AGM) for Kartik 14 (October 30). The meeting will take place at Hotel Crystal Pashupati, Gaushala, Kathmandu, starting at 11 AM. The AGM will pass a proposal to distribute dividends to shareholders from the previous fiscal year's profit.
NEPSE trading
·4 Oct, 2024
2 min read
NLG Insurance's Special General Meeting: Proposal for Rights Share Issuance NLG Insurance Company Limited has announced a special general meeting to issue rights shares. The company is organizing the meeting on Kartik 7 (October 24) at Amrapali Banquet, Baluwatar, Kathmandu, starting at 10 AM with the goal of increasing its capital. During the meeting, a special proposal will be passed to issue 9,631,220.22 units of rights shares, which is 62.56% of the company's current paid-up capital.
NEPSE trading
·4 Oct, 2024
2 min read
Capital Increase for Insurance Companies: The Authority Moves Forward with the Plan The Insurance Authority had directed life insurance companies to increase their paid-up capital to NPR 5 billion and non-life insurance companies to NPR 2.5 billion by the end of Ashad (mid-July). However, as many companies were unable to meet this target within the stipulated timeframe, the authority has now allowed companies to count reserves and provisions toward paid-up capital.
NEPSE trading
·3 Oct, 2024
2 min read
October 3: Stock Market and Banks Closed Due to Ghatasthapana Today (October 3), a public holiday has been declared across the country on the occasion of Ghatasthapana, causing the closure of the Nepal Stock Exchange (NEPSE) along with banks and financial institutions.
NEPSE trading
·3 Oct, 2024
2 min read
Share Price Adjustment of Super Madi Hydropower (SMHL) in NEPSE The Nepal Stock Exchange (NEPSE) has adjusted the share price of Super Madi Hydropower Limited (SMHL). After the last trading day before the book closure for the annual general meeting (AGM) and dividend distribution, NEPSE adjusted the share price by accounting for a 5% bonus share, setting a new share price.
NEPSE trading
·3 Oct, 2024
2 min read
Commercial Banks' Base Rate Drops by 0.22% in October The base rate of commercial banks has decreased by 0.22% in October, bringing it down to 7.69%. In September, the base rate was 7.91%, but the excess liquidity in the banking system has led to a reduction in deposit interest rates, which in turn has contributed to the decline in the base rate.
NEPSE trading
·2 Oct, 2024
2 min read
Numbur Himalaya Hydropower Announces IPO Issuance, Calls for General Meeting Numbur Himalaya Hydropower Limited has announced the issuance of an IPO and called for its general meeting on Kartik 7 (October 23). The meeting will take place at the company's registered office in Naxal, Kathmandu, starting at 11 AM.
NEPSE trading
·2 Oct, 2024