Nepal Stock Exchange ( NEPSE )and Shares Market of Nepal is increasingly being popular day by day. This blog provides the detail, complete and instant information about the stock market, shares prices, NRB, banks, development banks, finance companies and insurance companies of Nepal.
4th Quarter Financial Report & Company Analysis (2066/67): UIC
United Insurance Co. Ltd has published financial reports and company analysis during the fourth quarter of fiscal year 2066/67.
Right Share Certificate Distribution and Money Return Notice: PSDBL
Pashupati Development Bank Ltd. is distributing right share certificate from 14 September 2010 (2067 Bhadara 29) and returning money for those who have applied higher .
Nepal Stock Exchange slightly ticked to higher end on Wednesday, primarily led by banking scrip. The trading screen experienced pockets of green symbols for second day in a row after plunging down for previous five straight sessions. The modest scale of the day's surge suggested that investors are cautioned in demanding stocks from the market that has spent more time in reverse direction due to various weigh news. In a volatile session, the benchmark Nepse index settled at 599.50, yet below psychological level of 600, adding 0.70 points or 0.12 percent.
Declining stocks narrowly outpaced advancing ones with 26 gainers and 32 losers at three hours trade where volume came to lighter of Rs. 40159252 compared with Rs. 48828426 at the same time Monday. "Even though stock market endow with spurring gain after continuous tumble, it's not only complex but hoodwink to believe that market has got the opening start of the long rally on thinner trade like this" viewed market analyst.
Blue chips scrip from commercial banks as Standard Chartered (Rs. 3571, +Rs. 61), Nabil Bank (Rs. 2830, +Rs. 65), Bank of Kathmandu (Rs. 1605, +RS. 65), Everest Bank (Rs. 2206, +Rs. 6) along with other key banking stocks experienced higher share price to escort banking index to 584.29 putting on 4.54 points or 0.78 percent. Except BOK, named above banks has already declared dividends from the profit of fiscal year 2008/09. SCB declared 50% cash and 50% stock dividend, Nabil proposed 50% stock and 35% cash and EBL to give 30% stock and 30% cash dividend as a reward to shareholders from the profits.
Development bank index zoomed meager of 1.73 points or 0.27 percent to 653.51 on positive pricing of Pashupati Dev. Bank (Rs. 520, +5.05%), Sanima Dev. Bank (Rs. 570, +1.79%) along with others. However, hydro sector plummets hefty of 20.97 points or 2.51 percent to 813.59 triggered by downfall in price of Chilime Hydropower (Rs. 1023, -Rs. 57) and National Hydropower (Rs. 84, -Rs. 2). Finance declined 2 points to 626.43 along with 6.52 dropped down in insurance sector.
The puff up in demand of key commercial bank led domestic blue chip or sensitive index to close at 151.26 with surge of 0.71 points or 0.47 percent. 14 commercial banks, 37 finance companies, 15 development bank, 10 insurance companies and one each from hydropower and manufacturing companies are included in sensitive index. Similarly, float Index an indicator of performance of ordinary shares in the market rose 0.23 points to 57.40.
Total of 67 companies performed trade in secondary market for 68145 units via 852 transactions maintaining A-D ratio at 0.81. The market capitalization for the day stood at Rs.422563.1 millions up from previous session's Rs. 422068.29 millions.
Jamb Daily News Service
09-Oct-09
Jamb Daily News Service
This week, the benchmark index at home bourse moved one step forward and two steps back primarily led by financial stocks. Following the weeklong holiday on Dashian festival the sole secondary market kicked up with spurring gains on initial couple of days, however failed to sustain its gains on price adjustment of Standard Chartered Bank after book closing date. SCB closed its book from 6th Oct. to 4th Nov. 09 for the purpose of having its Annual General Meeting on 4th Nov. 09 which will approved 50% cash and 50% stock dividends from the profit of fiscal year 2008/09. Along with SCB other key companies at Nepal stock exchange dragged down on pessimistic outlook amid growing chaos on political and economical milieu.
The benchmark Nepse index added 3.89 and 2.43 points for consecutive opening days respectively to 636.87 on Monday however plummets to 613.18 on Tuesday as price of SCB fell 26.67 percent to Rs. 3960 after book closing date along with other downswing financial stocks. At the closing session of week, the battered outlook of investors withdrew their hands from most of the financial stocks that led Nepse index to settle at 604.37 down 30.07 points or 4.74 percent.
Commercial banks which command the most trading volume at sole secondary market dipped hefty of 50.53 points or (-7.90%) to 588.96 from the opening of 639.49 Sunday. The biggest losers of the week from commercial banking sectors were SCB that lost 32.90% to Rs. 3620, NMB Bank fell 4.91% to RS. 368, DCBL Bank slid 4.57% to Rs. 334, Nepal Bangladesh Bank tumbled 4.32% to Rs. 288 along with others banks. Likewise, development bank slid 15.68 points to 653.65 from opening of 669.51 fronted by loss on Annapurna Bikash Bank (Rs. 431, -7.31%) and Swabalamban Bikash Bank (Rs. 650, -6.61). Finance plummet diminutive of 0.35 points to 635.14 while others dragged down 5.88 points to 646.19. However, hydropower surged 3.59 points to 827.69 from opening of 824.10 along with 1.89 points augment in insurance sector.
Dragged down in scrip price of Standard Chartered along with other financial stocks dented the Sensitive index. At the closing session of week, 78 scrip domestic blue chip slump 11.11 points or (-6.78%) to 152.52. Sensex consist 14 commercial banks, 37 finance companies, 15 development bank, 10 insurance companies and one each from hydropower and manufacturing companies. Similarly, float Index an indicator of performance of ordinary shares in the market lost 2.80 points 57.84.
Merely 90 companies registered their presence in the secondary market over this week. Losers overshadowed the market as 22 companies advanced and 47 companies declined. All in all 542,852 shares traded via 4141 transaction over the week. Moreover, Rs. 280,732,672 turnovers were realized along with Rs. 2,171,138.41 million market capitalizations.
This week, Standard Chartered Bank topped the chart of turnover amounting to Rs. 52.60 million, in terms of share quantity Nepal Bangladesh Bank lead the rank with 165000 units' shares and Pashupati Development Bank fronted in number of transaction with 546 transactions.
During the week, Nepal Express Finance listed 240000 units right share and 1075654 units bonus shares of Kumari Bank along with 600000 units ordinary shares of Api Finance has been listed in Nepal Stock Exchange.
Kantipur Report
KATHMANDU, Sept 3 - The Nepal Stock Exchange (NEPSE) Wednesday rose 5.77 points on the trading floor after dropping for four consecutive days. The sensitive index also witnessed an increase of 2.4 points.
The sub-indices on NEPSE showed a mixed reaction. The banking sector was the highest gainer as it increased by 11.88 points followed by the development bank sector and the finance sector which increased by 1.69 points and 2.9 points respectively. Similarly the insurance sector lost the most by shedding 3.51 points followed by the hydropower sector which lost 2.21 points.
The share market witnessed a total turnover of Rs. 86.31 million compared to Rs. 105.17 million on Tuesday with 128,732 shares being traded. Shares of 66 companies changed hands on NEPSE.
Among the 18 commercial banks listed on NEPSE, Everest Bank posted the biggest growth with its stock rising by 110 points. All the banks that were listed on NEPSE saw an increase and none of them went into loss.
Similarly, among the 14 development banks whose shares were traded on NEPSE on Wednesday, Pashupati Development Bank witnessed the highest increase of 30 points while Biratlaxmi Bikas Bank dropped 14 points.
Among the 19 finance companies on NEPSE, Shrijana Finance promoter share was the highest gainer with an increase of 100 points in its share price. Guheyshwori Mer. Bank. Fin. lost 66 points.
The top five winners on NEPSE were Pashupati Development Bank with a 6.67 percent rise in its stock price followed by Lumbini Bank, Everest Finance, Siddhartha Bank and Lumbini General Insurance.
Similarly, the top five losers on Wednesday were Guheyshwori Merchant Banking and Finance which fell 9.97 percent followed by Nepal Awas Bikas Beeta, Reliable Finance, Nabil Bank promoter share and Life Insurance Company.
Nabil Bank topped the chart in terms of turnover with Rs. 9.81 million.
Kantipur Report
KATHMANDU, Sept 1 - The Nepal Stock Exchange (NEPSE) Monday lost 10.21 points on the trading floor. The sensitive index also decreased by 3.28 points.
All the sub-indices on NEPSE dropped on Monday. The hydropower sector lost the most by shedding 18.21 points followed by the banking and finance sectors which fell 13.26 points and 4.68 points respectively. Development bank fell 4.42 points and insurance lost 0.19 point.
The share market witnessed a total turnover of Rs. 89.789 million with 108,175 shares being traded. Shares of 64 companies changed hands on NEPSE.
Among the 20 commercial banks listed on NEPSE, Kumari Bank posted the biggest growth with its stock rising by 13 points while Standard Chartered Bank lost the most on the trading floor by shedding 160 points.
Similarly, among the 11 development banks whose shares were traded on NEPSE on Monday, Triveni Bikas Bank witnessed the highest increase of 26 points while Pashupati Development Bank dropped 37 points.
Among the 19 finance companies on NEPSE, Pokhara Finance was the highest gainer with an increase of 9 points in its share price. NIDC Capital Markets lost 36 points.
The top five winners on NEPSE were Triveni Bikas Bank with a 3.65 percent rise in its stock price followed by Kumari Bank, Prudential Bittiya Sansthan and Sanima Bikas Bank.
Similarly, the top five losers on Monday were Pashupati Development Bank which fell by 7.63 percent followed by Nabil Bank promoter share, DCBL Bank, Nepal Industrial and Co. Bank and Ace Development Bank.
The Bank of Kathmandu topped the chart in terms of turnover with Rs. 13.47 million.
KATHMANDU, Aug 27 - After a seven-day downhill run, the Nepal Stock Exchange (NEPSE) turned around with a 3.44 point gain on Wednesday.
The secondary market went up after Security Board of Nepal (SEBON) failed to pass the proposal on conversion of 19 percent promoter shares to ordinary shares. The board meeting of SEBON was supposed to discuss this proposal on Tuesday but the meeting was cancelled due to protest.
"This won't be decided immediately," said Surbir Poudel, chairman of SEBON. "We'll move ahead after discussing it with Nepal Rastra Bank in due course of time."
There was apprehension among the investors that conversion of promoter shares to ordinary shares would trigger a huge flow of shares in the secondary market, which in turn would push the price further down. The sub-indices on NEPSE showed a mixed result as three of them gained while two lost on Wednesday. Among the sub-indices, the banking sector was the highest gainer by increasing 3.44 point followed by the development bank and finance sectors which gained 0.15 and 0.41 point respectively.
The share market witnessed a total turnover of Rs. 114.77 million with 150,247 shares being traded.
Among the 20 commercial banks listed on NEPSE, Nabil Bank posted the biggest growth with its stock rising by 240 points while Nepal Investment Bank lost the most on the trading floor by shedding 75 points.
Among the 16 development banks whose shares were traded on NEPSE on Wednesday, Pashupati Development Bank witnessed the highest increase of 33 points while Annapurna Bikas Bank dropped 23 points. Similarly among the 12 finance companies on NEPSE, Kuber Merchant Bittiya Sanstha was the highest gainer with an increase of 14 points in its share price. Lumbini Finance lost 10 points. - Kantipur Report
