Hamro Bikas Bank Ltd proposed 7% bonus share & 20% cash dividend for fy 2070/71

Hamro Bikas Bank Ltd has proposed 7 percent bonus share and 20 percent cash dividend to its shareholders from the net profit it posted in the last fiscal year 2070/71. A meeting of Board of Directors of the development bank took the decision to this effect on Saturday.

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.

Nepse loses 5% to close at 875.76 level.

Trading at Nepal Stock Exchange Limited (Nepse), the only secondary market of the country was halted for the day after the benchmark index shed staggering 5 percent -- after a several years -- to close at 875.76 level.

Is Nepse's History Repeating - View on Bearish run.

A brief history of NEPSE Index so that we can make some analogies to the present market scenario:
20th DEC 2007- 1055.73
24th MARCH 2008- 704.5(Correction before completing the bull, difference of 351.23(-33.26%)

Views on Bearish Nepse - Investor's Panic converting to hysteria.

Too bad the market is so much down. The spiral effect of the "1% directive" from the NRB has hurt Nepali share market so badly. I do not know about the motivating factors for the NRB bureaucrats, but certainly they are responsible for this down turn. This is not a normal market correction.