Nepse surges by 4. 78 points on Thursday
The Nepal Stock Exchange (NEPSE) gained 4.78 points to close at 2,035.64 points on Thursday.
The sensitive index, however, plunged by 0.36 points to close at 359. 09 points.
A total of 6,614,445-unit shares of 313 companies were traded for Rs 2. 65 billion.
Meanwhile, Himalaya Urja Bikas Company Limited (HURJA) was the top gainer today, with its price surging by 10. 00 percent. Likewise, Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) and Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) were the top losers as their price fell by 10.00 percent.
At the end of the day, total market capitalization stood at Rs 3. 22 trillion.
Services at Chovar Dry Port after two years of completion
After two years of completion, the Chovar Dry Port in Kathmandu has begun services.
Currently, two hundred cars are waiting for customs clearance.
Businessperson Bibhor Kumar Agrawal is visiting the dry port regularly for some days to proceed with the customs for cosmetic goods imported from Italy.
The custom clearance for new vehicles has begun at Chovar Dry Port after the agreement forged with NADA Automobiles Association. It has resulted in the arrival of businesspersons seeking services here.
With no direct access to sea, Nepal has 14 dry ports, among which, Chovar Dry Port is the latest and modern facility. Most of the dry ports are constructed at borders- with China or with India.
The latest one is now close to the main market of the country.
The businesspersons are provided spaces in the dry port to store their imports. They can use the spaces as internal depots.
Godown, rack, and equipment to un/load consignments are provided in the dry port. Arrangement of CCTV, security persons, container management and bank service are other features to equip the customs clearance.
The dry port is spacious for as many as 500 containers.
Executive Director at Chovar Dry Port, Ashish Gajurel, said if it is to be operated in a full scale, an environment should be created to bring the imports directly to this facility. Similarly, it can be used for final checks to exports as well. “It is however not possible at present because the imports are checked initially at border customs, including Birgunj checkpoint. Then they arrive here. It is therefore a hassle to ferry any consignment at this dry port and move to other places,” he explained.
Gajurel however informed that once the expressway comes into operation, the exporters and importers would be free of present hassles.
Gold price increases by Rs 1, 100 per tola on Thursday
The price of gold has increased by Rs 1, 100 per tola in the domestic market on Thursday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 127, 900 per tola today. It was traded at Rs 126, 800 per tola on Wednesday.
Similarly, tejabi gold is being traded at Rs 127, 300 per tola. It was traded at Rs 126, 200 per tola.
Meanwhile, the silver is being traded at Rs 1,510 per tola today.
Nepse plunges by 10. 83 points on Wednesday
The Nepal Stock Exchange (NEPSE) plunged by 10. 83 points to close at 2,030.86 points on Wednesday.
Similarly, the sensitive index dropped by 2. 17 points to close at 359. 46 points.
A total of 6,047,021-shares of 310 companies were traded for Rs 2. 35 billion.
Meanwhile, Sarbottam Cement Limited (SARBTM) was the top gainer today with its price surging by 10. 00 percent. Likewise, Kalika Laghubitta Bittiya Sanstha Ltd (KMCDB) was the top loser with its price dropped by 5. 66 percent.
At the end of the day, the total market capitalization stood at Rs 3. 22 trillion.
