Nepse surges by 7. 04 points on Monday
The Nepal Stock Exchange (NEPSE) gained 7.04 points to close at 1,967.83 points on Monday.
Similarly, the sensitive index surged by 1.09 points to close at 377. 71 points.
A total of 3,432,267-unit shares of 270 companies were traded for Rs 1. 09 billion.
Meanwhile, Three Star Hydropower Limited was the top gainer today, with its price surging by 10. 00 percent. Likewise, Liberty Energy Company Limited was the top loser as its price fell by 9.98 percent.
At the end of the day, total market capitalization stood at Rs 2. 94 trillion.
Gold price increases by Rs 400 per tola on Monday
The price of gold has increased by Rs 400 per tola in the domestic market on Monday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the precious yellow metal is being traded at Rs 113, 000 per tola today. It was traded at Rs 112, 600 per tola on Sunday.
Meanwhile, tejabi gold is being traded at Rs 112, 450 per tola. It was traded at Rs 112, 050 per tola.
Similarly, the price of silver has increased by Rs 5 and is being traded at Rs 1,460 per tola today.
Nepse plunges by 29. 81 points on Sunday
The Nepal Stock Exchange (NEPSE) plunged by 29. 81 points to close at 1,960.78 points on Sunday.
Similarly, the sensitive index dropped by 5. 09 points to close at 376. 62 points.
A total of 4,053,368-unit shares of 276 companies were traded for Rs 1. 18 billion.
Meanwhile, Three Star Hydropower Limited was the top gainer today with its price surging by 10. 00 percent. Likewise, Liberty Energy Company Limited and City Hotel Limited were the top losers as their price fell by 10. 00 percent.
At the end of the day, the total market capitalization stood at Rs 2. 93 trillion.
Bizbell founder Sushil Pokharel elected as board member of global hydropower body
In a landmark achievement, Sushil Pokharel, founder of Bizbell Private Limited, has earned the place in the International Hydropower Association (IHA) for the 2023-25 term.
This historic moment marks the first time a Nepali national has been elected in the world's apex hydropower body. Sushil Pokharel, known for his visionary leadership and unwavering commitment to clean energy, will represent 28 countries in South and Central Asia. His election to the IHA Board is a testament to his dedication to advancing sustainable hydropower on a global scale.
IHA is a non-profit membership association and serves as the global voice for sustainable hydropower, striving to shape the future of clean energy.
He will officially begin his role on the Board at the 2023 World Hydropower Congress in Bali, Indonesia. The selection process involved candidates from six geographical regions, resulting in the election of a diverse group of hydropower experts with extensive experience.
Eddie Rich, CEO of IHA said, “Global climate change - the greatest challenge in the world right now - will not be tackled without sustainable hydropower. Over the next decade, Central Asia and South Asia will perhaps be the fastest growing region in the world for hydropower. I am delighted that Sushil Pokharel has been elected to represent the region on IHA's highest governing body. I see his election as a breakthrough moment for the region.
Sushil Pokharel, Founder of Bizbell said, "It’s now crucial that we harness untapped resources of this region and make a substantial contribution to global hydropower generation, ultimately helping us to reach the Net Zero Goal by 2050."
As the Founder of Bizbell, Pokhrel has been at the forefront of pioneering sustainable hydropower development, building a significant 1000 MW renewable energy portfolio by 2035. Globally acknowledged for his commitment to minimizing carbon footprints and revolutionizing the energy landscape, Sushil drives a sustainable future through Bizbell, leaving a lasting impact on Nepal and Central and South Asia region.
