Nepse plunges by 71. 05 points on Sunday
The Nepal Stock Exchange (NEPSE) plunged by 71. 05 points to close at 2, 879. 11 points on Sunday.
Similarly, the sensitive index dropped by 12. 96 points to close at 489. 48 points.
A total of 35,248,397-unit shares of 333 companies were traded for Rs 1. 65 billion.
Meanwhile, Reliance Spinning Mills Limited (RSML), Super Khudi Hydropower Limited (SKHL) and Ridge Line Energy Limited (RLEL) were the top gainers today with their price surging by 10. 00 percent.
Likewise, Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) was the top loser as their price fell by 6. 17 percent.
At the end of the day, the total market capitalization stood at Rs 4. 88 trillion.
Goods worth over Rs 6.6 billion exported from Birgunj in seven months
Goods worth Rs 66.48 billion have been exported through the Birgunj border customs check point in the first seven months of the current fiscal year.
Compared to the same period last fiscal year, exports through this border check point have increased by Rs 9.94 billion during the same period this fiscal year.
Uday Singh Bista, information officer at Birgunj Customs Office, said goods worth Rs 56.54 billion were exported to foreign countries in the seven months of the last fiscal year.
According to him, exports through this customs point are improving in the current fiscal year.
In the first seven months of the current fiscal year, processed soybean oil worth Rs 35.58 billion, fruit juice worth Rs 4.97 billion, and processed sunflower oil worth Rs 4.58 billion has been exported through Birgunj, it is stated.
Similarly, refined palm oil worth Rs 3.77 billion, various types of cloth worth Rs 2.33 billion, and synthetic yarn worth Rs 1.58 billion have been exported.
Information Officer Bista said that goods worth Rs 595.46 billion have been imported through Birgunj customs in the first five months of the current fiscal year.
According to the Birgunj Customs Office, goods worth Rs 58.91 billion, that is 11 percent more, were imported in the same period of the current fiscal year compared to the first seven months of the previous fiscal year.
In the first seven months of the previous fiscal year, goods worth Rs 5.36 billion had been imported through this checkpoint.
Why was former PM Oli hospitalized?
Former Prime Minister and CPN-UML Chairman KP Sharma Oli was admitted to the Maharajgunj-based Tribhuvan University Teaching Hospital in Kathmandu on Saturday after experiencing heart palpitations, hours after his arrest from his residence in Gundu, Bhaktapur.
Issuing a statement on Sunday, the hospital said that Oli had initially undergone a routine checkup. However, complications arose during the examination after which he was admitted and placed in bed number 501 for further treatment and monitoring.
Oli is a kidney transplant patient and has a history of multiple health conditions–hydronephrosis, diabetes, high blood pressure, hypothyroidism, atrial fibrillation, and gallstones. His atrial fibrillation is currently under treatment.
He was arrested in connection with the GenZ protests.
CIB launches investigation into former PMs’ assets
The Central Investigation Bureau (CIB) of Nepal Police has initiated the process to investigate the assets of three former Prime Ministers—Sher Bahadur Deuba, KP Sharma Oli, and Pushpa Kamal Dahal (Prachanda)—has officially moved forward, sources.
The move follows the request from the Department of Money Laundering to check their wealth and possible financial records irregularities.
Earlier today, Nepali Congress leader and former Energy Minister Deepak Khadka was arrested to investigate a money laundering case.
