Nepse surges by 37. 72 points on Tuesday
The Nepal Stock Exchange (NEPSE) gained 37.72 points to close at 2,182.11 points on Tuesday. Similarly, the sensitive index surged by 4.58 points to close at 415. 83 points. A total of 11,883,287 unit shares of 250 companies were traded for Rs 3. 72 billion. Meanwhile, Green Ventures Limited, Adarsha Laghubitta Bittiya Sansthat Limited and People Hydropower Company Limited were the top gainers today, with their price surging by 10. 00 percent. Prabhu Select Fund was the top loser as its price fell by 8.45 percent. At the end of the day, total market capitalization stood at Rs 3. 15 trillion.
Gold price drops by Rs 100 per tola on Tuesday
The price of gold has dropped by Rs 100 per tola in the domestic market on Tuesday. According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow bullion is being traded at Rs 105, 100 per tola today. The yellow metal was traded at Rs 105, 200 per tola on Monday. Meanwhile, tejabi gold is being traded at Rs 104, 600 per tola. It was traded at Rs 104, 700. Similarly, the price of silver has dropped by Rs 10 and is being traded at Rs 1,390 per tola today.
Yeti Airlines plane crash deals major blow to tourism industry: TAAN
Trekking Agencies’ Association of Nepal (TAAN) has said the Yeti Airlines plane crash in Pokhara, the country’s tourist hub, on Sunday dealt a powerful blow to Nepal’s aviation and tourism sectors. Issuing a press statement today, TAAN general secretary Binod Sapkota said the crash caused an irreparable loss to the domestic tourism industry that was trying to revive from the implications of COVID-19 pandemic. Flights at Pokhara Regional International Airport were recently launched following its upgradation from the national to international standard and the crash took place at the country’s tourist hub was itself a major blow to the entire domestic tourism business, the TAAN concludes. TAAN President Nilhari Bastola demanded the state take significant measures to ensure that Nepal’s sky and aviation service are safe. He advised the state’s responsible bodies to take measures for the prevention of such incidents in the days to come. The plane with the call sign 9N-ANC ATR-72-500 that had left Kathmandu for Pokhara on January 15 carrying 72 people, including 68 passengers and four crew members, crashed on the Seti River Gorge. NAC expresses grief Office bearers of the Nepal Airlines Corporation (NAC) are saddened by the death of scores of people in the crash, according to the NAC. The NAC in a statement today offered its heartfelt condolences to those killed in the tragedy while wishing that the bereaved families may have patience and strength to endure the incident. It has termed the crash as the saddest one in the history of Nepal's aviation. It has expected the findings of facts relating to the incident while urging effective investigations so as to make the country's aviation sector safe and reliable. HAN mourns The Hotel Association Nepal (HAN) has expressed its sorrow over the crash. "The Association and all other organizations under it are saddened by the incident. In this time of sorrow, we offer our condolences to all passengers and crew members killed in the tragedy, and to the bereaved families," read a statement issued by the HAN. Stating that the accident has had negative impacts not only on the country's aviation sector, but the whole nation and tourism sector as it has spread the message at national and international levels that Nepal's sky is unsafe, it said it was the responsibilities of all of us including the state and stakeholders to make the country's sky safe.
Nepse plunges by 41. 04 points on Monday
The Nepal Stock Exchange (NEPSE) plunged by 41. 04 points to close at 2,149.39 points on Monday. Similarly, the sensitive index dropped by 7. 89 points to close at 411. 25 points. A total of 14,482,959 unit shares of 252 companies were traded for Rs 5. 47 billion. Meanwhile, Kumari Dhanabriddhi Yojana was the top gainer today with its price surging by 10. 02 percent. Similarly, Gurans Laghubitta Bittiya Sanstha Limited was the top loser with its price dropped by 9. 18 percent. At the end of the day, the total market capitalization stood at Rs 3. 10 trillion.



