Two Indian LPG tankers crosses Strait of Hormuz
Two tankers of petroleum gas with the Indian flag—Green Asha and Green Sanvi—have exited the Gulf carrying the fuel for the South Asian nation, BBC reported.
The shipping has been halted through the strait due to the war between US-Israel and Iran.
India is cautiously moving its stranded LPG cargoes out of the Strait of Hormuz with Shivalik, Nanda Devi, Pine Gas, Jag Vasant, BW Elm and BW Tyr already reaching India, according to BBC.
Iran rejects the 45-day ceasefire proposal
Iran says it won’t open the Strait of Hormuz as said in a temporary 45-day ceasefire adding that Washington lacks the readiness for a permanent ceasefire, according to Reuters.
It has been confirmed that Iran received Pakistan’s proposal for a quick ceasefire but Tehran did not accept the proposal.
Nepse surges by 83. 33 points on Monday
The Nepal Stock Exchange (NEPSE) surged by 83. 33 points to close at 2, 760. 02 points on Monday.
Similarly, the sensitive index dropped by 14. 30 points to close at 471. 92 points.
A total of 25,155,854-unit shares of 345 companies were traded for Rs 1. 58 billion.
Meanwhile, Upakar Laghubitta Bittiya Sanstha Limited (ULBSL), Bhujung Hydropower Limited (BJHL), Ridi Power Company Limited (RIDI) and National Hydro Power Company Limited (NHPC) were the top gainers today with its price surging by 10. 00 percent.
Similarly, 8.5% Laxmi Bank Debenture 2088 (LBLD88) was the top loser as its price fell by 3. 10 points.
At the end of the day, the total market capitalization stood at Rs 4. 69 trillion.
Gold price drops by Rs 2, 600 per tola on Monday
The price of gold has dropped by Rs 2, 600 per tola in the domestic market on Monday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 291, 400 per tola today. It was traded at Rs 294, 000 per tola on Sunday.
Similarly, the price of silver has dropped by Rs 50 per tola and is being traded at Rs 4, 780 per tola.
