Tuesday, September 9, 2014

Market is bound to take a leap - PM's Economic Advisor

Prime Minister Sushil Koirala’s chief economic advisor Dr Chiranjibi Nepal has urged the investors to remain confident about the golden prospects of the capital market following yesterday's decline.

Buyers to get shares on demat format from Ashoj 20 : CDSCL

Investors having the securities on the physical format can sell their scrips while the buyers buying the shares on whatever format will, however, get the shares on the demat format with the paper-less trading coming into operation from Ashoj 20.

Nabil Investment Banking's CEO - No logic for the entire market to fall

It’s good that the market rebound today. Nonetheless, only yesterday I had told on one of the leading television stations (Kantipur TV) that there is no logic for the entire market to fall the way it did on Sunday, or day before that or day to day before that.  See, it’s not that there aren’t ups and downs in the market.

Alliance Insurance to auction unclaimed ordinary & promoter right shares from today.

Alliance Insurance Company Limited has invited bids from today to auction its 7,008 units of unclaimed promoter right shares and 20,402 units ordinary right share.

Grand Bank barred from opening new deposit accounts & providing loans by NRB

Nepal Rastra Bank (NRB) has taken prompt corrective action (PCA) against Grand Bank, barring it from opening additional deposit accounts and providing loans as its capital adequacy ratio (CAR) dropped to 4.07 percent due to massive losses, said officials.