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NEPSE: 1,218 index seems to be the end point of correction

NEPSE: 1,218 index seems to be the end point of correction NEPSE Index : 1,486.04 Turnover :  1,001,685,417 Support And Resistance Resistance 2 - 1,620 Resistance 1 - 1,480 Support 1 – 1,400 Support 2 – 1,250 Trend (Up/Down) Long Term…

SEBON working to make ASBA more effective

Securities Board of Nepal (SEBON) has been doing necessary work to make applications for public issues through ASBA (Applications Supported by Blocked Amount) more effective and easier for all concerned parties. It has also been deploying inspection teams at various…

Citizens Bank floating 10:2.5 right shares to 80k shareholders from Chaitra 24

Citizens Bank International Limited (CZBIL) is going to float right shares in the ratio 10:2.5 (25%) to its existing shareholders from Chaitra 24, 2073 to Baisakh 27, 2074. Issuing a press statement, the bank said that around 80,000 shareholders who…

Global IME Bank distributing GBIME shares to shareholders of Pacific Dev Bank directly to demat accounts

Global IME Bank Limited (GBIME) is going to deposit new shares of Global IME Bank Limited to the shareholders of Pacific Development Bank Limited (PADBL) directly to the respective demat accounts of the shareholders. As per the notice published by…

Nabil Balanced Fund-1 & Nabil Equity Fund report rise in NAV to Rs 21.33 & Rs 9.74 respectively in Falgun end

Nabil Balanced Fund-1 (NBF1), a close-ended five years mutual fund scheme managed by Nabil Investment Banking Limited has reported a surge in its Net Asset Value (NAV) in Falgun 2073. According to the financial report published today, the mutual fund scheme’s…

Nepal Hydro Developer’s 3.90 lakh units IPO shares for general public in SEBON pipeline

Nepal Hydro Developer Limited has been added in Securities Board of Nepal (SEBON) pipeline to seek approval for the issuance of 3.90 lakh units IPO shares for general public. NMB Capital Limited has been assigned as the issue manager. The…

NIC Asia Capital receives approval to provide Depository Participant Services

NIC Asia Capital Limited, a wholly owned subsidiary of NIC Asia Bank Limited (NICA), has received approval from CDS and Clearing Limited to provide Depository Participant (DP) Services on behalf of NIC Asia Bank Limited from Chaitra 10, 2073. Issuing a press statement,…

Rastriya Banijya Bank donates computers to school

Rastriya Banijya Bank Limited has supported schools with 4 computers and 1 laptop as a part of its Corporate Social Responsibility (CSR). The computers were donated to Bidyodaya H.S. School, Saraswoti School and Ram Amar Sahid Library in rural Bhojpur…

Prabhu Bank appoints NCM Merchant Banking as issue manager for 40% right share

Prabhu Bank Limited (PRVU) has appointed NCM Merchant Banking Limited as the issue manager for its upcoming 10:4 (40%) right shares. Mr. Ashok Sherchan, CEO of PRVU and Mr. Bijay Lal Shrestha, CEO of the merchant bank, signed the rights…

Seti Finance re-auctioning 1.80 lakh units promoter shares from today at Rs 100 & above

Seti Finance Limited (SETI) is re-auctioning its unclaimed promoter shares to the general public from today (Chaitra 11, 2073). The promoter shares are being re-auctioned after the existing promoters of the finance company did not claim all the promoter shares…

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