Nirdhan Utthan Bank Limited endorse 11.58% cash divdend & 20% bonus share

Nirdhan Utthan Bank Limited is also holding its 15th AGM on Jan 8.

The shareholders have been eagerly waiting for the day as the bank is due to formally endorse 11.58 percent cash divdend and 20 percent bonus share for them.

Nepse Wrap up (Review period 11th Aug to 15th Aug, 2013)

Much of the market excitement seen in the prior weeks seems to have faded away.  As most of the investors are liquidating their position for short term profit, the local bourse hasn’t been able to gain ground in recent days.

Followed by the prior week’s meager decline, the local bourse failed to make any attempt of recovery this week. For consecutive five trading days, the market with its lethargy movement continued to settle in red zone one after another.