Professional Documents
Culture Documents
- Dennis Waitley
Top Headlines: Government decides to go for statute amendment. Opposition parties say decision unacceptable. (Source: The Kathmandu Post) Statute will come on time, says Dahal. Claims parties near consensus. (Source: The Himalayan Times) Biggest solar storm in years hits Earth. Expert says its not a terribly strong event, but were not out of the woods yet. (Source: The Himalayan Times) Commercial Banks is preparing to reduce interest rate on deposits and loan from Chaitra. (Source: Nayapatrika) Dividend payment of Nepal Telecom that covers almost one-fourth of the total market capitalization will bring down the share market due to the absence of a dividend adjustment mechanism at Nepse. (Source: The Himalayan Times) Nepal still under Financial Action Task Force (FATF) scanner. Global antimoney laundering body asks for Nepals progress report. (Source: The Kathmandu Post) People under extreme poverty. Nepal third poorest in South Asia. (Source: The Himalayan Times) Transport operators mount hike fare pressure on government. (Source: The Kathmandu Post) Women entrepreneurs urge government to do more to support them. (Source: The Kathmandu Post) Nepal Electricity to hike electricity tariff by 20 percent from coming Baisakh 2069. (Source: Arthik Abhiyan) Rising Yuan renders Chinese products expensive. According to NRB, the exchange rate for 1 Yuan valued Rs.11 in the beginning of this fiscal year (midJuly) was valued Rs.14 in mid-February. (Source: Republica) International Business: Mexico telecoms czar Carlos slim topped the Forbes annual worlds richest list Wednesday. (Source: The Kathmandu Post) Number of telephone subscribers in India increased to 926.53 million at the end of January 2012. (Source: The Himalayan Times)
MARKET INFORMATION
As of 23rd Falgun, 2068 Index NEPSE Sensitive Float Sen. Float NEPSE Sub-Indices Banking Hotels Dev. Bank Hydropower Finance Insurance Others Current Points Change %Change
Market Summary
Total Turnover Rs: Total Traded Shares Total Transactions Total Scrips Traded
58,205.71 Millions
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Bank of England (BOE) on Thursday voted to hold its key interest rate at 0.50 percent. (Source: The Himalayan Times) ECB on Thursday cut its forecast for eurozone growth next year. (Source: The Himalayan Times)
General News: Century Commercial Bank Limited entering second year of operations from today. (Source: Arthik Abhiyan) Bonus/Right Share/Cash Dividend: Shikhar Finance Limited is distributing 37.50 percent bonus share certificate to its shareholders from 28th Falgun 2068. (Source: Nayapatrika)
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GROWTH SHARE:
Shares issued by a firm with a consistent record of above average earnings. Such shares are expected to trade at an increasing value over an extended period. A growth share as a share in a company that has done better than average in the past, and is expected to do so in the future. The basic attraction of growth shares is as such: if you invest in a rapidly growing company, its earnings will increase, thereby increasing the values of your shares and the amount you recieve in dividends.
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