NEPSE at 550.29, dips by 1.26 points

The market today floated below the yesterday’s closing level for the entire day, suffering a loss of 1.26 points by end of the day.

Following the correction from the level of 551.6 level, the Nepse zigzagged its way between the range of 551 levels to 549.5 levels for the rest of the day before coming to close at 550.29 levels.

Life Insurance Corporation (LIC) launched ‘Jeevan Saral’, a flexible life insurance scheme

Life Insurance Corporation (LIC) on Sunday launched ‘Jeevan Saral’, a flexible life insurance scheme. The new offer enables the policy holders to bear up with a high risk easily apart from facilitating them with more liquidity and high return on their insured amount, said the company.

Nepse Wrap up (Review period 25th Aug to 29th Aug, 2013)

The capitalization of prior week’s profit by the investors put a dent in the progress of Nepse as the index that had gained more than 5 points, came to conclude with only 3.05 points gain by the end of the week.

4:1 ratio right share issue upcoming for Life Insurance Corporation Nepal

Book Closure for Life Insurance Corporation Nepal Limited for upcoming 4:1 ratio right share issue.

Book Closure Date: 10th Bhadra, 2070

Ratio: 4:1

Issue Manager: NMB Capital Limited, Babar Mahal, Kathmandu, 4253096