Business

Jhapa Energy Limited has launched its Initial Public Offering (IPO) for the general public starting today. The company has opened applications for 473,336 shares at a face value of NPR 100 each. The total value of shares being issued amounts to NPR 47,333,300. Of these, 28,514 shares are allocated for mutual funds, and 11,406 shares are reserved for employees. Investors can apply for a minimum of 10 shares and a maximum of 5,000 shares. Applications can be submitted through ASBA member banks, financial institutions, and the Mero Share platform.

The Nepal Rastra Bank has set the foreign currency exchange rates for Friday as follows: US Dollar (USD): Buying Rs. 140.74, Selling Rs. 141.34 Euro (EUR): Buying Rs. 163.87, Selling Rs. 164.57 British Pound Sterling (GBP): Buying Rs. 189.08, Selling Rs. 189.89 Australian Dollar (AUD): Buying Rs. 91.73, Selling Rs. 92.13 Canadian Dollar (CAD): Buying Rs. 101.80, Selling Rs. 102.24 Singapore Dollar (SGD): Buying Rs. 109.15, Selling Rs. 109.61 Japanese Yen (JPY, per 10 units): Buying Rs. 9.49, Selling Rs. 9.53 Chinese Yuan (CNY): Buying Rs. 19.71, Selling Rs. 19.79 Saudi Arabian Riyal (SAR): Buying Rs. 37.51, Selling Rs. 37.67…

Gold and silver prices remained unchanged in the local market on Thursday, according to the Federation of Nepal Gold and Silver Dealers’ Association. The price of gold, which was set at Rs. 207,900 per tola on Wednesday, has remained the same today. Similarly, the price of silver is also unchanged at Rs. 2,480 per tola. Meanwhile, international media reported that gold was trading at USD 3,532 per ounce in the global market today.

Today (Bhadra 20) is the last day to apply for the Initial Public Offering (IPO) of Bungad Hydropower Limited. The company opened the IPO on Bhadra 16, issuing 1,701,500 shares to the general public. Investors can apply for a minimum of 10 shares and a maximum of 20,000 shares. Applications can be submitted through ASBA-approved banks and financial institutions, as well as via the Mero Share platform. Care Ratings Nepal has assigned the IPO a grade of CARE-NP Single B, indicating an average risk regarding the company’s ability to meet its obligations. Himalayan Capital Limited is the issue and sales…

The rise in international gold prices has impacted the local market as well. According to the Nepal Gold and Silver Dealers Association, the price of gold has reached NPR 207,900 per tola today, marking the highest level recorded so far. On Tuesday, gold was traded at NPR 205,900 per tola, indicating a daily increase of NPR 2,000. Silver prices, on the other hand, fell by NPR 5 per tola, settling at NPR 2,480. According to international media reports, gold is trading at USD 3,536 per ounce in the global market today.

Nepal Rastra Bank (NRB) has published the foreign currency exchange rates for today. According to the central bank, the exchange rate for 1 US Dollar is set at NPR 140.76 (buying) and NPR 141.36 (selling). Similarly, the rates for other major currencies are as follows: Euro: NPR 163.72 (buying), NPR 164.42 (selling) UK Pound Sterling: NPR 188.33 (buying), NPR 189.13 (selling) Swiss Franc: NPR 174.85 (buying), NPR 175.59 (selling) Australian Dollar: NPR 91.57 (buying), NPR 91.96 (selling) Canadian Dollar: NPR 102.05 (buying), NPR 102.48 (selling) Singapore Dollar: NPR 109.22 (buying), NPR 109.68 (selling) Japanese Yen (10 units): NPR 9.47 (buying),…

Kathmandu – On Tuesday, the Nepal Stock Exchange (Nepse) Index closed lower, reversing Monday’s gains. The Nepse Index fell by 19.89 points, ending at 2,741.47, while the Sensitive Index decreased by 2.69 points. The Float Index dropped by 1.23 points, and the Sensitive Float Index fell by 0.98 points. Trading volume also declined, with 323 stocks traded 89,775 times, amounting to Rs. 443.82 million for 10.5 million shares, compared to Monday’s turnover of Rs. 510 million. Him Star Energy Company shares traded at the positive circuit level, rising by Rs. 26.70 to close at Rs. 294.20. Other stocks that gained…

The rise in international gold prices has directly impacted the Nepali market. According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of gold today has reached Rs. 205,900 per tola, the highest ever recorded. On Monday, gold was traded at Rs. 205,300 per tola, meaning the price increased by Rs. 600 per tola today. Similarly, the price of silver rose by Rs. 15 per tola, reaching Rs. 2,485. Former president of the Federation, Manik Ratna Shakya, said that the surge in prices is not due to Nepali consumer demand but rather the fluctuations in global politics…

Nepal Rastra Bank has fixed the foreign exchange rates for Tuesday. According to the central bank, the buying rate of one US dollar is set at Rs. 140.82 and the selling rate at Rs. 141.42. One Euro stands at Rs. 165.03 (buying) and Rs. 165.73 (selling); one Pound Sterling at Rs. 190.47 and Rs. 191.28; one Swiss Franc at Rs. 176.03 and Rs. 176.78; one Australian Dollar at Rs. 92.32 and Rs. 92.71; one Canadian Dollar at Rs. 102.48 and Rs. 102.92; and one Singapore Dollar at Rs. 109.72 and Rs. 110.19. Similarly, 10 Japanese Yen is valued at Rs.…

Gold and silver prices in the Nepali market have reached new record levels today. According to the Nepal Gold and Silver Traders’ Association, the price of gold rose by NPR 1,700 in a single day. As a result, the price of hallmark gold has reached NPR 205,300 per tola, the highest ever. On Sunday, gold was traded at NPR 203,600 per tola. The price of silver also increased by NPR 45 per tola today, reaching NPR 2,470.