Announcements Published In Newspapers

Special GM: WMBF

World Merchant Bank & Finance Ltd has announced its special General Meeting to be held on 25 Sep 2010 (2067 Ashwin 9).  

Right Share Allotment: SRBL

Sunrise Bank Ltd. has allotted its right shares. 

Dividend Distribution: SHL

Soaltee Hotel Ltd has issued notice for the collection of uncollected dividend 

Right Share on Auction: SBBLJ

Sahayogi Bikas Bank Ltd is selling right share in auction. These are the unsubscribed share after right issue.

 Book Closure For Right Share: RMBFI

Royal Merchant Bank and Finance Ltd. has announced its book closing date for 1:1 right share on 19 Sep 2010 (2067 Ashwin 3).

 Notice Regarding Broker License: NEPSE

Nepal Stock Exchange has issued notice regarding the license of Brokers. More Details

 Share Slip Distribution & Money Return Notice: Karnali Dev Bank

Karnali Development Bank Ltd is distributing share slip and returning the money to the non-allotted applicants from 10 September, 2010 (2067 Bhadra 25). More Details

 Up coming 7th AGM: BDBL

Business Development Bank Ltd has announced its upcoming 7th annual general meeting to be held on 1 October 2010 (2067 Ashwin 15) and also published the meeting minute of meeting number 132.

 Treasury Bill Issue: NRB

Nepal Rastra Bank is issuing 28 days Treasury bill, 91 days Treasury bill, 182 days T-bill and 364 day T-bill on 14 September 2010. The bid quotation are to be submitted by 13 September, 2010 (2067 Bhadra 29).

 Right Share Certificate Distribution: SBBLJ

Sahayogi Bikas Bank Ltd. is distributing right share certificate from 8 September 2010 (2067 Bhadra 23).

NEPSE drops 5.04 points

Kantipur Report
KATHMANDU, Sept 8 - After a two-day upswing, the Nepal Stock Exchange (NEPSE) dropped 5.04 points on Monday. The sensitive index also declined by 1.45 points.
All the sub-indices at NEPSE witnessed a fall on Monday. The development bank index was the biggest loser dropping 6.66 points followed by the banking and other sectors which decreased by 5.81 and 4.7 points respectively.
The share market witnessed a total turnover of Rs. 98.40 million with 120,667 shares being traded. Shares of 69 companies changed hands on NEPSE.
Among the 23 commercial banks listed on NEPSE, Nabil Bank's promoter share posted the biggest growth with its stock rising by 52 points. Similarly, among the 15 development banks whose shares were traded on NEPSE on Monday, Bageshwori Development Bank witnessed the highest increase of 10 points while Biratlaxmi Bikas Bank dropped 63 points.
Among the 25 finance companies on NEPSE, Kaski Finance was the highest gainer with an increase of 18 points in its share price. NIDC Capital Markets lost 37 points.
The top winner on NEPSE was World Merchant Bank with a 3.7 percent rise in its stock price.
The top loser on was Biratlaxmi Bikas Bank which shed 7.43 points. Nabil Bank topped the chart in terms of turnover with Rs. 25.43 million.

NEPSE starts week with gain

Kantipur Report
KATHMANDU, Sept 7 - The Nepal Stock Exchange (NEPSE) started the week on a promising note as it went up by 2.17 points on Sunday. The index settled at 662.57 points when trading closed. The sensitive index lost 0.23 point.
The NEPSE sub-indices saw a mixed reaction as only two of them increased while three witnessed a downfall.
The development bank sector was the highest gainer increasing by 5.14 points followed by the finance sector which went up by 2.73 points. Similarly, the insurance sector was the biggest loser on the floor as it shed 4.12 points followed by the hydropower sector and the banking sector which fell by 1 point and 0.37 point respectively.
Total transactions on NEPSE reached Rs. 117.46 million with 178,992 units of shares being traded. Shares of 69 companies changed hands on Sunday.
Among the 21 commercial banks whose shares were traded on NEPSE on Sunday, Standard Chartered Bank posted the biggest growth with the stock rising 45 points while Laxmi Bank lost the most on the trading floor by shedding 83 points.
Similarly, among the 13 development banks, Sanima Vikash Bank witnessed the highest increase of 15 points while Clean Energy Develop-ment Bank lost 14 points.
Among the 24 finance companies, Merchant Finance Company promoter share was the highest gainer with an increase of 138 points in its share price. Guheyshwori Merchant Bank and Finance was the biggest loser shedding 59 points.
The top five winners on NEPSE were IME Financial Institution with a 6.54 percent rise in its stock price followed by Shikhar Bittiya Sansthan, Nepal Investment Bank, Capital Merchant Banking and Finance and Standard Finance.
Similarly, the top five losers on Sunday were Guhyeshwori Merchant Bank and Finance which fell 9.9 percent followed by Laxmi Bank, Nepal Awas Bikas Beeta Sansthan, Siddhartha Bank and World Merchant Bank.
Nabil Bank topped the chart in terms of turnover with Rs. 26.92 million.

Turnaround on the horizon as Share market enters oversell zone

REPUBLICA
The Nepse index (-3.10%) touched a three month low of 654.63 points on Tuesday, before closing at 660.40 points, as investors remained concerned over the supply impact of the conversion of 19% promoters´ shares. However, the current downtrend in the market is fundamentally unjustified, and the supply pressure has been overestimated.
Finance Companies were the key players in the market. Prudential Bittiya Sanstha (+Rs 37) which is closing its book for a 1:2 right issue on September 9 was the highest gainer followed by Bhajuratna Finance (+Rs 12) and Everest Finance (+Rs 28). However, the big losses of Guheshwori Merchant & Banking Finance (-Rs 139) whose shares traded for the first time since the issuance of 18% bonus shares and World Merchant Banking & Finance (-Rs 75) pulled down the Finance sub-index(-1.39%). The rest of the active sectors too traded in the red, with Commercial Banks (-4.10%) suffering the steepest decline as Bank of Kathmandu (-Rs 141) and DCBL Bank (-Rs 19) recorded the biggest losses in the sector. Development Banks (-2.50%) followed suit with Siddhartha Development Bank (-Rs 33) falling the most. Similarly, Hydropower sub-index (-2.07%) also declined because of the fall in share prices of Butwal Hydropower (-Rs 5). Although Lumbini General Insurance (+Rs 12) posted one of the highest gains of the week, the losses in the prices of the majority of the insurance companies contributed to the overall decline of the Insurance sub-index (-0.59%). Similarly, the depreciation of Nepal Telecom´s (-Rs 11) stock price dragged down the ´Others´ index (-1.78%).
Among other news, IME Financial Institution declared 1:3 right shares, and Sunrise Bank announced the distribution of its IPO. Additionally, Birgunj Finance and Goodwill Finance announced their book closure dates for 1:3.92 right (on September 7) shares and 1:1.5 right shares (on September 15) respectively. Business Development Bank also announced book closure for 1:2.1 right shares on September 14. The market attempted to recover on Wednesday by gaining 5.77 points. Technical analysis indicates that the market is currently in an oversell state and might have reached the threshold, in which case a slight uptrend can be anticipated next week. However, the strength of the uptrend remains uncertain due to regulation risks still lurking. The total turnover of the week amounted to Rs 34,54,33,241, with a 15.78% decrease in the average daily volume.

NEPSE starts week on weak note

Kantipur Report
KATHMANDU, Aug 31 - The Nepal Stock Exchange (NEPSE) started the week on a weak note with the NEPSE index losing 10.39 points on Sunday. The index settled at 671.15 points when trading closed. The sensitive index also lost 3.24 points.
A double-digit decline of banking sub-index pushed NEPSE down on Sunday. Sunday's trading session saw the banking sub-index, a major component of the secondary market, declining by 16.09 points followed by development bank with a 8.53 point loss. Finance and insurance were the only two sub-indices that had marginal gains on NEPSE.
Total transactions on NEPSE reached Rs. 64.15 million with 100,516 units of shares being traded. Shares of 62 companies changed hands on Sunday.
Among the 22 commercial banks whose shares were traded on NEPSE on Sunday, Everest Bank's convertible preference posted the biggest growth with the stock rising 34 points while Nabil Bank lost the most on the trading floor by shedding 117 points.
Similarly, among the 13 development banks, Malika Bikas Bank and Gandaki Bikas Bank witnessed the highest increase of 5 points each while Ace Development Bank and Bageshwori Bikas Bank lost 15 points.
Among the 21 finance companies, IME Financial Institution was the highest gainer with an increase of 85 points in its share price. World Merchant Bank was the biggest loser shedding 52 points. The top five winners on NEPSE were IME Financial Institution with a 7.87 percent rise in its stock price followed by Lumbini General Insurance, Pokhara Finance, Everest Bank convertible preference and Reliable Finance.

NEPSE down 0.77 point

The Nepal Stock Exchange (NEPSE) went back down Thursday dropping 0.77 points to close at 681.54. Thursday's trading session saw the banking sector, a major component of the secondary market, declining by 2.51 points while the finance sector lost 1.32 points. Among the leading sub-indices on NEPSE, the hydropower sector gained 7.12 points while the development bank sector, hotel sector and insurance sector increased by 4.54 points, 2.9 points and 0.2 point respectively. Total transactions on NEPSE reached Rs. 93.996 million with 130,129 units of shares being traded. Shares of 68 companies changed hands on NEPSE.Among the 22 commercial banks whose shares were traded on NEPSE on Thursday, the Bank of Kathmandu posted the biggest growth with its stock rising 76 points while Nabil Bank lost the most on the trading floor by shedding 100 points. Similarly, among the 15 development banks, Gurkha Development Bank witnessed the highest increase of 27 points while Ace Development Bank Limited lost 4 points.Among the 22 finance companies, World Merchant Bank Ltd was the highest gainer with an increase of 47 points.
Source: Kantipur

NEPSE continues to slide

KATHMANDU, Aug 19 - The Nepal Stock Exchange (NEPSE) Tuesday fell by 0.66 point. All the sub-indices suffered a loss except for the development bank sector. The hydropower sector lost the most dropping 12.88 points followed by finance, banking and insurance.
The share market witnessed a total turnover of Rs. 91.39 million with 118,822 units of shares being traded. Shares of 67 companies changed hands on NEPSE.
Among the 22 commercial banks whose shares were traded on NEPSE on Tuesday, Everest Bank posted the biggest growth with its stock rising by 44 points while Standard Chartered Bank lost the most on the trading floor by shedding 73 points.
Similarly, among the 15 development banks, Swabhalambhan Bikas Bank witnessed the highest increase of 40 points.
Among the 25 finance companies, Kaski Finance was the highest loser shedding a whopping 570 points. The top five winners on NEPSE were Swabhalambhan Bikas Bank with a 6.06 percent rise in its stock price followed by World Merchant Bank, Machhapuchchhre Bank, Citizens Bank International and National Hydropower Company. - Kantipur Report