Gold price drops by Rs 800 per tola on Friday

The price of gold has dropped by Rs 800 per tola in the domestic market on Friday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow bullion is being traded at Rs 102, 300 per tola today. It was traded at Rs 103, 100 per tola on Thursday. Meanwhile, tejabi gold is being traded at Rs 101, 800 per tola today. Similarly, the silver is being traded at Rs 1, 365 per tola.

Nepse surges by 18. 09 points on Thursday

The Nepal Stock Exchange (NEPSE) gained 18. 09 points to close at 2,143. 93 points on Thursday. Similarly, the sensitive index surged by 2. 51 point to close at 411. 23 points A total of 12,581,982 unit shares of 259 companies were traded for Rs 5. 04 billion. Meanwhile, Chandragiri Hills Limited, Buddha Bhumi Nepal Hydropower Company Limited, Dhaulagiri Laghubitta Bittiya Sanstha Limited, Khaptad Laghubitta Bittiya Sanstha Limited and Shrijanshil Laghubitta Bittiya Sanstha Limited were the top gainers today, with their price surging by 10. 00 percent. Similarly, Citizens Mutual Fund was the top loser as its price fell by 3. 03 percent. At the end of the day, total market capitalization stood at Rs 3. 10 trillion.

Gold price increases by Rs 200 per tola on Thursday

The price of gold has increased by Rs 200 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 103, 100 per tola today. It was traded at Rs 102, 900 per tola on Wednesday. Meanwhile, tejabi gold is being traded at Rs 102, 600 per tola.

Share prices of 8 companies hit positive circuit

The domestic stock market surged by a whopping 64.87 points on Wednesday. This is the highest single-day gain of the Nepse index in the current fiscal year. The market surged in the last hour of trading with the news that Prime Minister Pushpa Kamal Dahal has instructed Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari to address the demands of the private sector, including the issue related to the working capital loans guidelines. Following the meeting between the Prime Minister NRB Governor and Finance Minister Bishu Paudel, the central bank amended the arrangements in the guidelines. On Wednesday, the Nepse index rose by 3.15 percent to close at 2125.94 points. A total of 8.73 million shares were traded through 57,312 transactions of 258 companies. With all sub-indices turning green, the Nepse recorded a turnover of Rs 3.5 billion on Wednesday. Himalayan Distillery Limited recorded the highest turnover of Rs 115.2 million while the shares of Himal Dolakha Hydropower Company Limited (HDHPC) were the most traded. On Wednesday, the share prices of 8 companies hit the positive circuit after increasing by 10 percent. The share price of Salt Trading, Himalayan Distillery, Kalika Microfinance, Mirmire Microfinance, Kisan Microfinance, Nadep Microfinance, People's Power, and Khaptad Microfinance increased by 10 percent.