Nepse plunges by 19. 67 points on Thursday

The Nepal Stock Exchange (NEPSE) plunged by 19. 67 points to close at 2, 601. 92 points on Thursday. 

Similarly, the sensitive index dropped by 2. 49 points to close at 454. 19 points.

A total of  8,751,380-unit shares of 362 companies were traded for Rs 1. 50 billion.

Meanwhile, Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) was the top gainer today with its price surging by 12. 68 percent.

Likewise, BOK Debenture 2086 "KA" (BOKD86KA) was the top loser as their price fell by 8. 66 percent.

At the end of the day, the total market capitalization stood at Rs 4. 47 trillion.

NRB issues bonds worth Rs 20 billion

Nepal Rastra Bank (NRB), Monetary Management Department has called for bids for bonds worth Rs 20 billion. 

A public notice issued by the central bank today states that the bonds of 2084 ‘Ng’ (2027 'E') can be bid online. Only banks and financial institutions classified as ‘A’, ‘B’, and ‘C’ that have obtained licenses from NRB (counterparties) are allowed to participate in the bond auction. 

Counterparties are required to mention the amount they wish to bid and the interest rate (up to four decimal places). 

NRB has stated that bidding can be done in such a way that the minimum is Rs 50 million and the maximum up to the total call amount exactly divisible by 50 million.

 

Nepse plunges by 30. 09 points on Wednesday

The Nepal Stock Exchange (NEPSE) plunged by 30. 09 points to close at 2, 621. 50 points on Wednesday. 

Similarly, the sensitive index dropped by 3. 92 points to close at 456. 68 points.

A total of  8,463,015-unit shares of 362 companies were traded for Rs 1. 51 billion.

Meanwhile,  10% Citizens Bank Debenture 2090 (CIZBD90) was the top gainer today with its price surging by 8. 87 percent.

Likewise, Corporate Development Bank Limited (CORBL) was the top loser as their price fell by 13. 41 percent.

At the end of the day, the total market capitalization stood at Rs 4. 50 trillion.

Gold price drops by 900 per tola on Wednesday

The price of gold has dropped by 900 per tola in the domestic market on Wednesday. 

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 287, 100 per tola today.   It was traded at Rs 288, 000 per tola on Tuesday. 

Similarly, the price of silver has dropped by Rs 55 per tola and is being traded at Rs 4, 500 per tola.