Unique Finance-11.5% bonus share & Summit Micro- 26% bonus & 12.95% cash dividend

Unique Finance Ltd has proposed 11.5 percent bonus share and cash dividend to cover the tax on that for the last fiscal year 2070/71.A meeting of Board of Directors of the finance company on Friday took the decision to this effect.

12% Bonus shares & 14.32% cash dividend from Summit Micro Finance Dev. Bank Ltd.

Bonus shares and cash dividend from Summit Micro Finance Dev. Bank Ltd.
The BOD of Summit Micro Finance Dev. Bank Ltd. has decided to distribute 12% bonus shares and 14.32% cash dividend and is subjected to approval from NRB and its upcoming AGM.
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Nepse index settle at 546.83 levels; loss 0.78 points

After prolonging the height to 550 levels like of yesterday, the market today also couldn’t breach this resistance level.

Following the profit booking from the investors after reaching the height of 550, the market came under sharp pressure attributing to more than 2 points loss in the second hour of trading.

NEPSE reaches 545.97 four & half months high

The share market of Nepal gained further mileage today as the benchmark index rallied by 6.92 points.

As the fiscal year 2069/70 has just ended, the companies have started publishing financial reports, and the speculation of possible dividend for this fiscal year has started to kick-in on the market.