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Stock Market

SEBON approves to issue 50% right shares of Neco Insurance

2018-01-10 Securities Board of Nepal (SEBON) has given final approval to issue 50% right shares of Neco Insurance Company Limited (NIL). Now, NIL will be issuing 39.21 lakh units right shares worth Rs 39.21 crore to its existing shareholders at a face…

Shree Investment & Finance to issue 83% right shares from Magh 15; offer ends on Falgun 20

2018-01-10 Shree Investment & Finance Limited (SIFC) will be issuing 100:83 (83%) right share to its shareholders from Magh 15, 2074. The rights issue will remain open for 35 days before closing on Falgun 20, 2074. The finance company has set the…

Book closure for 50% right share of Asian Life Insurance on Magh 8; LTP at Rs 1,420

2018-01-10 Asian Life Insurance Company Limited (ALICL) has published a book closure date for upcoming 50% right share issue. As per the notice published today, the book closure date has been set on Magh 8, 2074. Thus, only those shareholders holding…

Civil Bank extends 15 days for 40% right shares till Magh 12

2018-01-10 Civil Bank Limited (CBL) has extended 15 days for the right share issue till Magh 2, 2074. Earlier the closing date has been set today (Poush 11, 2074). It has been issuing 10:4 (40%) right share to its shareholders from Mangsir 22,…

Last day to clinch 83% right shares of Shree Investment & Finance Company; LTP at Rs 392

2018-01-10 Today is the last day to clinch 83% right shares of Shree Investment and Finance Company Limited (SIFC). The finance company has set the book closure date on Poush 30, 2074. Thus, only those shareholders holding their shares till today…

Standard Chartered Bank 31st , United Insurance 23rd, IME Life 1st & Sisa Hydroelectric 2nd AGM today; SCB endorsing 100% bonus shares & IME Life will endorse IPO flotation decision

2018-01-10 Standard Chartered Bank Nepal Limited (SCB) is convening 31st Annual General Meeting (AGM) today (Poush 26, 2074). The AGM is being held at Army Officers Club at 1:00 PM. The main agendas of the AGM are: To endorse 100% bonus and…

Why is leverage (debt) trading dangerous in falling market?

2018-01-10 Leverage trading can be as fun as sounds of tinkling coins in a casino while as dangerous as conversion of a safest blue chip shares into a risk. Leverage or debt trading is the process where investors borrow money in…

Unnati Microfinance 1.65 lakh unit IPO shares closing today; collects Rs 49 crore from 1.56 lakh applicants in 3 days

2018-01-09 Unnati Microfinance Bittiya Sanstha Limited is closing its Initial Public Offering (IPO) of 1,65,000 unit shares worth Rs 1.65 crore today (Poush 25, 2074). As per Sabin Budathoki of Siddhartha Capital,” from 1.56 lakh applicants, around 49 crore amount has been…

Premier Insurance announces 13.52% bonus shares for FPO share as well, paid up to reach Rs 58.41 crore

2018-01-09 Premier Insurance Company Limited (PIC) has announced dividend to its shareholders. As per the notice published in NEPSE today, the board meeting of the company held on Poush 24, 2074 has announced 13.52% bonus shares and Rs 36.59 lakh cash…

NEPSE continues its upward trend; surges by 12.27 points to rest at 1456.07 with NLIC grabbing highest turnover value

2018-01-09 The benchmark index at Nepal Stock Exchange (NEPSE) has increased today by 12.27 points or 0.85% to close at 1456.07 points. NEPSE had opened at 1443.80 points and it continued to rise till it reached 1457.83 after which the market…

 

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