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Weekly Broker Analysis; Vision Securities top broker. National Hydro Power Company top bought company while Prudential Insurance Promoter top sold companies

2017-08-18 This week (Aug 13- Aug 18) on Nepal Stock Exchange (NEPSE) was bearish in trend and it seemed gloomy for NEPSE with nearly every sector and companies ending up red this week. Total shares worth Rs 3.05 arba were traded…

Weekly Analysis: NEPSE index slides by 12.38 points with most companies ending up being red.

2017-08-18 This week Nepal Stock Exchange (NEPSE) had ­­­4 trading days from Aug 13 to Aug 18; trading closed on Aug 14 (Monday) on the occasion of Shree Krishna Janmasthami. Total shares worth Rs 3.05 arba were traded while manual turnover…

Pokhara Finance FPO collects tentative Rs 72.60 crore from around 49,000 applicants till last day

2017-08-18 Pokhara Finance Limited (PFL) had issued its Further Public Offering (FPO) of 9,83,682 units shares worth Rs  21.64 crore at Rs 220 per unit from Shrawan 29, 2074 till Bhadra 1, 2074. The FPO has been oversubscribed by more than 3.35 times…

Himalayan Power Partner trading to start in NEPSE from Sunday; Trading range from Rs 100-300

2017-08-18 Trading of Himalayan Power Partner Limited will start in Nepal Stock Exchange Limited (NEPSE) from Sunday (Bhadra 4, 2074). As per the notice published in NEPSE today, the open range is set within range of Rs 100 – Rs 300 for…

Citizens Bank opens relief fund account for flood victims; announces to contribute Rs 11 lakh

2017-08-18 Citizens Bank International Limited has announced financial aid of Rs 11 lakh to the recent flood victims of different affected area of the country. The amount will be deposited in Prime Ministers’ Disaster Relief Fund. Earlier also the bank had…

Citizen Investment Trust’s profit rises by 10.06% to Rs 28.45 crore; EPS at Rs 38 & Net worth at Rs 202

2017-08-18 Citizen Investment Trust (CIT), one of the leading finance of Nepal has published its financial highlights for the FY 2073/74 today. Though it is categorized as finance sector by Nepal Rastra Bank under category “C”, if one goes with its…

Everest Bank’s EPS dwindles by 13.72% to Rs 32.41 after capital increment, Reserve ascends by 50.57% to Rs 5.88 arba

2017-08-18 Everest Bank Limited (EBL) has stated 14.54 percent rise in profit for the fourth quarter of the last fiscal year 2073/74. As per the unaudited report for the fourth quarter published today, the bank’s net profit rose to Rs 1.98…

NMB Bank & MetLife Insurance signs agreement for ‘Bancassurance’ pact

2017-08-18 NMB Bank Limited has signed an agreement with MetLife Insurance for Bancassurance Services. Mr. Sunil KC, Chief Executive Officer, NMB Bank Ltd. and Mr. Nirmal Kajee Shrestha, Vice President and General Manager, MetLife has signed on the agreement. As per…

Support Microfinance’s EPS & Net worth mounts to Rs 11.44 & Rs 105.07 respectively in Q4, issuing 1.80 lakh units IPO soon

2017-08-18 Support Microfinance Bittiya Sanstha Limited has posted profit growth of 274.75 percent in the fourth quarter (Q4) of the last fiscal year 2073/74. Publishing the unaudited financial report for the fourth quarter today, the microfinance company stated that its net…

Decline in profit of Rastriya Beema Sansthan by 65.04% to Rs 68.16 lakh; Net worth at Rs 3559.33 & EPS at Rs 73.29

2017-08-18 Rastriya Beema Sansthan (RBS) has reported 65.04% decline in its net profit in fourth quarter of the last fiscal year 73/74. As per the unaudited quarterly report published by the insurance company today, its net profit as of the end of fourth…

 

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