NEPSE down 1.05pt

KATHMANDU, July 22 - The Nepal Stock Exchange (NEPSE) went down Tuesday by 1.05 points. The sensitive index also fell by 0.24 point.
The development bank sector, the only one among the sub-indices to post an increase gained 0.21 point. The hydropower sector dipped on Tuesday as well by 20.01 points followed by the finance sector which dropped 3.69 points and the banking sector which lost 0.35 point.

The share market witnessed a total turnover of Rs. 87.432 million with 136,522 shares.

Among the 20 commercial banks on NEPSE, Everest Bank posted the biggest growth with its stock rising by 25 points.

Similarly, among the 12 development banks , Annapurna Bikas Bank witnessed the highest increase of 25 points.

Likewise, Kaski Finance Company was the highest gainer among finance companies.

The top gainer on NEPSE was Annapurna Bikas Bank with a 5.64 percent rise.

Similarly, the top loser on Tuesday was Chilime Hydro Power Company which fell by 4.88 percent.

Nepal Bangladesh Bank topped the chart in terms of turnover with Rs. 18.180 million.

Gurkha Development Bank : Right Share Allotment Notice

Gurkha Development Bank Ltd. has allotted its right shares on 17th July 2009 (2066 Shrawan 2)

Lumbini General Insurance: Dividend Warrant Distribution

Lumbini General Insurance Ltd. is giving 5.26% cash dividend to its shareholders. The dividend warrant is distributed from 20th July 2009 (2066 Shrawan 5).

Excel Development Bank: Right Share Issue Date Extended

Excel Development Bank Ltd. has extended its right share issue date upto 7th August 2009 (2066 Shrawan 23).

NEPSE starts week with 1.53pt drop

The Nepal Stock Exchange (NEPSE) started the week with a fall of 1.53 points.
Even though the barometer of the secondary market fell, the sensitive index was up 1.43 points to close at 196.60. The sensitive index is a gauge to evaluate the performance of 78 healthier companies in the secondary market. Likewise, the float index, an indicator of all the ordinary shares on the stock market, rose 0.38 point to 70.46.

The sub-indices which had been witnessing a good growth since the last couple of weeks showed a mixed reaction with three of them going up while two dropped. The highest gainer among the sub-indices was the banking sector which grew by 7.14 points followed by finance with an increase of 3.98 points and the insurance sector which increased by 0.23 point. However, the development bank sector and the hydropower sector fell by 15.48 points and 9.82 points respectively on Sunday.

Only 55 companies registered their presence at the secondary market with 29 gainers and 23 losers. The A-D ratio was maintained at 1.26. All in all, 195,948 shares were traded today via 1,080 transactions. The turnover reached Rs. 104.905 million and market capitalization amounted to Rs. 502.832.4 million. The number of shares traded and the turnover declined by 435,216 units and Rs. 48.799 million in comparison to last Thursday.

Among the 21 commercial banks on NEPSE, Everest Bank posted the biggest growth with its stock rising by 100 points while Everest Bank convertible preference lost the most on the trading floor by shedding 39 points on Sunday.

Similarly, among the 11 development banks whose shares were traded on NEPSE on Sunday, Subeksha Bikas Bank witnessed the highest increase of 16 points while Malika Bikas Bank dropped 830 points. Likewise, Gorkha Finance promoter share was the highest gainer among finance companies with an increase of 164 points in its share price. Kaski Finance lost 34 points.

The top five gainers on NEPSE were Nepal Bangladesh Bank with a 10 percent rise in its stock price followed by Kumari Bank, Prabhu Finance Company, Cosmic Merchant Banking and Finance and Everest Bank.

Similarly, the top five losers on Sunday were Malika Bikas Bank which fell by 67.64 percent followed by Infrastructural Development Bank, DCBL Bank, National Hydropower Company and Everest Bank convertible preference.

Nepal Investment Bank topped the chart in terms of turnover with Rs. 12.141 million.

Today's Share Price

S.No.	Traded Companies	No.of Transaction	Max. Price	Min. Price	Closing Price	Total Share	Amount	Previous Closing	Difference Rs.
1	Annapurna Bikash Bank Limited	7	470	433	433	410	188,885	466	-33
2	Annapurna Finance Company Limited	1	952	952	952	100	95,200	968	-16
3	Annapurna Finance Co. Ltd. Promoter Share	2	580	580	580	2,000	1,160,000	580	0
4	Business Development Bank Ltd.	3	657	644	644	340	220,260	645	-1
5	Bank of Asia Nepal Limited	163	561	535	550	16,490	8,953,420	540	10
6	Bank of Kathmandu	47	1,760	1,705	1,720	5,654	9,805,526	1,710	10
7	Clean Energy Development Bank Limited	20	865	850	865	1,260	1,081,000	860	5
8	Chilime Hydro power Co.	1	1,230	1,230	1,230	100	123,000	1,250	-20
9	Capital Mer. Bank And Fin	5	695	680	695	402	276,214	680	15
10	Cosmic Mer.Bank And Fin.	6	516	488	516	478	233,814	497	19
11	Citizens Bank International Limited	114	653	631	645	8,230	5,296,720	628	17
12	DCBL Bank Ltd.	4	450	430	430	569	246,442	451	-21
13	Everest Bank Ltd	9	2,520	2,420	2,520	246	608,540	2,420	100
14	Everest Bank Limited Convertible Preference	5	951	931	931	140	132,320	970	-39
15	Global Bank Limited	81	559	535	550	5,220	2,848,110	544	6
16	Gorkha Finance Ltd. Promoter Share	5	154	154	154	22,500	3,465,000	0	154
17	Himalayan Bank Ltd.	6	1,750	1,711	1,711	629	1,083,779	1,725	-14
18	ICFC Bittya Sanstha Ltd.	9	545	520	545	764	403,862	521	24
19	Infrastructure Development Bank Limited	5	534	494	494	460	241,640	535	-41
20	International Leasing And Fin. Co.	6	591	580	585	1,818	1,061,530	576	9
21	IME Financial Institution	17	999	965	995	6,155	6,071,550	980	15
22	Kaski Finance Limited	9	886	870	870	260	226,520	904	-34
23	Kumari Bank Ltd	46	757	714	740	5,777	4,300,877	700	40
24	KIST Bank Limited	25	390	383	390	3,962	1,528,030	383	7
25	Kuber Merchant Bittiya Sanstha Limited	5	661	661	661	80	52,880	670	-9
26	Lord Buddha Financial Institutional Limited	17	415	402	402	610	251,520	415	-13
27	Lumbini General Insurance	1	187	187	187	20	3,740	184	3
28	Lumbini Bank Ltd.	3	429	421	425	352	148,992	429	-4
29	Machhachapuchhre Bank Ltd	11	458	446	458	1,741	785,186	463	-5
30	Malika Bikash Bank Limited	8	397	390	397	160	62,540	1,227	-830
31	Nabil Bank Ltd.	21	4,850	4,775	4,840	1,418	6,832,658	4,775	65
32	Nepal Bangladesh Bank Ltd.	46	308	280	308	24,318	7,360,549	280	28
33	Nepal Credit And Com. Bank	18	340	332	336	3,060	1,028,710	327	9
34	Nepal Development And Employment Promotion Bank Limited	26	437	421	437	1,630	688,870	429	8
35	National Hydro Power Co.	52	94	89	90	48,767	4,424,730	94	-4
36	Nepal Investment Bank Ltd.	46	1,336	1,275	1,302	9,257	12,141,333	1,300	2
37	Nepal Industrial And Co.Bank	31	1,132	1,079	1,114	3,095	3,428,813	1,130	-16
38	National LifeInsu. Co.Ltd.	1	609	609	609	132	80,388	609	0
39	NMB Bank Ltd.	4	490	485	490	400	195,000	485	5
40	Nepal Share Markets Ltd.	8	287	280	287	1,061	299,728	282	5
41	Nepal Doorsanchar Company Limited	16	605	588	595	5,360	3,172,950	617	-22
42	Prabhu Finance Company Limited	8	581	542	581	380	215,140	542	39
43	Pashupati Development Bank Limited	30	499	480	490	1,030	502,900	485	5
44	Reliable Finance Limited	12	702	699	701	250	175,380	690	11
45	Royal Mer. Bank. And Fin	1	539	539	539	13	7,007	550	-11
46	Sanima Vikash Bank Ltd.	14	705	671	700	1,538	1,070,850	706	-6
47	Nepal SBI Bank Limited	10	1,895	1,860	1,876	733	1,379,445	1,850	26
48	Siddhartha Bank Limited	27	1,004	990	995	2,723	2,718,791	1,000	-5
49	Standard Chartered Bank Ltd.	22	6,075	5,910	6,030	1,156	6,964,846	6,000	30
50	Siddhartha Development Bank Limited	2	259	258	259	700	180,700	253	6
51	Sagarmatha Merchant Banking And Finance Limited	25	745	725	731	810	596,970	740	-9
52	Standard Finance Ltd.	4	332	325	325	897	295,425	328	-3
53	Subhechha Bikas Bank Limited	10	658	645	658	200	130,910	642	16
54	Triveni Bikas Bank Limited	4	744	744	744	40	29,760	744	0
55	Union Finance Ltd.	1	510	510	510	53	27,030	520	-10

Total Traded Amount Rs.:	104,905,980
Total Traded Shares:	195,948
Total Transactions:	1,080

Paschimanchal Development Bank: Promoters Share Sale Notice

Paschimanchal Development Bank Ltd. has announced the sale of its prevailing promoter share.

4,657 Sunrise share applications rejected

A dispute has arisen between applicants for Sunrise Bank shares and NMB Bank, the share issue manager, after the issue manger disqualified 4,657applications for 1,173,599 share units, citing serious flaws in the application process. Upendra Paudel, chief executive officer at NMB Bank, said that the disqualification of the applications was not guided by any ill intension but was forced by the serious nature of mistakes made by the applicants.

Sunrise Bank Share Allotment Result

The general shares of Sunrise Bank Ltd. has been allotted on 9th July 2009 (2066 Ashad 25). To check your allotment,
follow this link (http://nmb.com.np/sunrise/index.php) (ie From NMB Bank's Site)

NMB Bank Ltd allotted the shares of Sunrise Bank Ltd on Thursday. Sunrise Bank had received a total of 3,44,526 applications — including 295 by staff of the bank — for 10,03,19,959-unit shares. Of the total applications, 4,657 applications were rejected as the applicants had not filled the forms completely. “Applicants, who have not filled in their grandfather’s names, account number — and anything other factor that is mandatory or missed the signature ares — are disqualified,” said the issue manager.According to the IPOs Regulation, an applicant must fill the bank account number as the money would be returned through banks by account payee cheque.

IPO Of Public Development Bank Was Oversubscribed

According to NIDC capital Market, initial public offering of Public development bank has oversubscribed by around 20 times."IPO of Public development has collected 66 crore (660 million) for the first three days and it is expected to collect 50 crore (500 million) along in the closing day" said, Bijay Lal Shrestha, Chief Merchant Banking of NIDC capital market. NIDC is the issue manager of Public Development bank.Public development bank has issued 600000 units of share to public at Rs. 100 from 28 June, 2009 to 1 July, 2009 (14-17 Ashad 2066). It has separated 18000 units of shares to its employees out of the total issue. IPO has been closed today after the banking hours due to oversubscription.The company has earned Rs. 1118000 as a net profit during the fiscal year 2064/65 where as it was Rs. 7221000 for the first nine month of current fiscal year (2065 chaitra end).