Year: 2023

  • NEPSE Weekly Summary: 2.36% Loss with Technical Analysis and Highlights

    NEPSE Weekly Summary: 2.36% Loss with Technical Analysis and Highlights


    The NEPSE index ended at 1,956.92, experiencing a significant loss of 47.38 points or 2.36%. Last week, it closed at 2,004.30, showing a 1.26% increase from the previous week.

    Throughout this week, the index reached its highest point at 2,004.58 and its lowest at 1,956.92, showing a total fluctuation of 47.66 points. In the previous week, it had a fluctuation of 43.22 points.

    The largest intraday loss this week was 33.20 points on Sunday, with a turnover of Rs 1.83 Arba. However, the total turnover for this week amounted to Rs 7.06 Arba.

     

  • Final Day to Claim Sanima Bank’s Dividend

    Final Day to Claim Sanima Bank’s Dividend


    Today marks the final opportunity for shareholders to claim the dividend offered by Sanima Bank Limited (SANIMA).

    The bank has scheduled its 19th Annual General Meeting (AGM) for the 2nd of Kartik, 2080. The AGM will take place at Kundalini Durbar Banquet, Chandol, Kathmandu, starting at 11 a.m.

    Among the various items on the agenda, the AGM will approve a 14.7% dividend for the fiscal year 2079/80. The bank’s board of directors has decided to distribute a 5.7% cash dividend and 9% bonus shares from the paid-up capital, which currently stands at Rs. 12.46 Arba. The value of the bonus shares is Rs. 1.12 Arba, and the cash dividend includes the tax amount for the bonus shares.

     

  • Citizens Capital’s 17th AGM Approves 12% Cash Dividend

    Citizens Capital’s 17th AGM Approves 12% Cash Dividend


     

    Citizens Capital held its 17th Annual General Meeting (AGM) on Ashoj 19, 2080, chaired by the company’s chairman.

    During the AGM, the shareholders approved a 12% cash dividend proposal, along with reviewing the financial reports for the fiscal year 2079-80, according to a media statement.

     

  • Deadline Extended for ‘10% Citizens Bank Debenture 2090’ to Kartik 01

    Deadline Extended for ‘10% Citizens Bank Debenture 2090’ to Kartik 01


    Citizens Bank International Limited (CZBIL) has decided to extend the deadline for the issuance of 30,00,000 units of their “10% Citizens Bank Debenture 2090” to the general public and institutions until the 1st of Kartik, 2080.

    These debentures have a maturity period of 10 years and offer a 10% coupon rate. The application period for these debentures started on the 17th of Ashwin, 2080.

    A total of 30 lakh units are being issued at a par value of Rs. 1000 per unit. Out of these, 60% (18 lakh units) are being subscribed through private placement, while the remaining 12 lakh units, valued at Rs. 1.2 Arba, are available for public subscription. Additionally, 5% of this public issue is reserved for mutual funds. This issuance is expected to raise a total of Rs. 3 Arba.

     

  • NMB Capital Distributes Cash Dividend to Unit Holders of ‘NMB Hybrid Fund L-1’ and ‘NMB 50’

    NMB Capital Distributes Cash Dividend to Unit Holders of ‘NMB Hybrid Fund L-1’ and ‘NMB 50’


    NMB Capital Limited will be giving a 15% cash dividend to the unit holders of “NMB Hybrid Fund L-1” and “NMB 50” directly into their bank accounts. They are encouraging unit holders to convert their shares into electronic form.

    Both funds had earlier announced a 15% cash dividend for the fiscal year 2079/2080. NMB Hybrid Fund L-1 will deposit the dividend in the unit holders’ beneficiary accounts starting from the 21st of Ashwin, while NMB 50 will do so from the 22nd of Ashwin, 2080. The bank advises all unit holders to check their beneficiary accounts for the dividend.

     

  • NEPSE Falls 35.67 Points with Market Cap at Rs. 29.30 Kharba; Hydropower Index Hit Hardest

    NEPSE Falls 35.67 Points with Market Cap at Rs. 29.30 Kharba; Hydropower Index Hit Hardest


    In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 1,921.24 points, marking a significant loss of 35.67 points or 1.82% from the previous day’s close. On Thursday, it had lost 11.04 points.

    The trading day began with the index opening at 1,963.8 and hitting a low of 1,917.69, while reaching a high of 1,964.02.

    During today’s trading, there were 289 different stocks traded in 59,171 transactions. The total volume of shares traded was 5,815,189 units, resulting in a total turnover of Rs. 1.80 Arba. The market capitalization stood at Rs. 29.30 Kharba, with a float market capitalization of Rs. 10.31 Kharba.

     

  • Daily Discussion Thread (Sunday – Oct 08, 2023)

    Daily Discussion Thread (Sunday – Oct 08, 2023)


    Use this post to discuss what to buy/sell/trade/avoid/watch today and in the coming days.

    As always, the rules still apply.

    **Have a TMS or Meroshare issue? Query about EDIS or collateral? Ask here instead of creating another thread. All queries regarding TMS, MeroShare, Broker issues, EDIS, Settlement and Payments should be asked here.** >!DO NOT create another post.!<

    BEGINNER? [**Go here first!**](https://www.reddit.com/r/NepalStock/wiki/beginners-guide)

    ALL OTHER **INDIVIDUAL** POSTS ASKING:

    * what to buy or sell,
    * or what bank to buy,
    * or what insurance to buy,
    * yo share kati samma mathi jancha hola
    * IPO ma pareko yo share kun din bechda ramro hola, ajhai 1-2 din parkhine ki nai etc.

    will be deleted. Repeat violators will be banned.

    Happy Investing!

    View on r/NepalStock by AutoModerator

  • Market le tanab deko cha? La ekchin haasou

    Market le tanab deko cha? La ekchin haasou


    Market le tanab deko cha? La ekchin haasou

    Market le tanab deko cha? La ekchin haasou
    byu/reddi7er inNepalStock

    View on r/NepalStock by reddi7er

  • Has been looking at this company since past couple of days. Is SCB is great or what other stock do you recommend?

    Has been looking at this company since past couple of days. Is SCB is great or what other stock do you recommend?


    &#x200B;

    https://preview.redd.it/5vxj3jn0tpsb1.png?width=1859&format=png&auto=webp&s=fd545d7a067cc3e8f83ae645d6d83b3365d47e85

    View on r/NepalStock by ya_man_raj

  • One of the reason for previous bull was leverage provided by broker, i think market went down after this leverage was taken

    One of the reason for previous bull was leverage provided by broker, i think market went down after this leverage was taken


    Many blame NRB’s 12cr cap (now 15) and interest rate. I think reason for the end of bull was not only cap but also interest rate which went up to 14-16%. Also, the risk weight given to margin lending.

    However, many seems to ignore the leverage provided by the broker at that time. Back then, many were provided with leverage of 4 time. if you load collateral of 1Lakh, you get collateral of 4Lakh. Many however got 4time leverage simply based on cheque. If I hand over 1Lakh cheque to broker, my collateral would be 4Lakh. And cheque wasn’t even cashed out.

    You are supposed to settle the transaction within certain time (T1/T2). However, frequent traders were in exceptions. You wold buy-sell and settle way later. I know many who took months to settle the transaction. This was like printing money and using money with 0 interest.

    After NRB introduced the cap, there was panic in market and brokers were asking client to settle. They stopped giving 4x leverage. Leverage provided was 1:1, that too once cash is loaded. As per one of the broker, such leverage or say udharo ma karobar still happens but is limited to very few. The defensive stance was taken because banks were not easily giving loan against stock.

    This is what I believe started the bearish run. If broker is to provide similar leverage, market may go up eventually, regardless of interest rate, nrb cap, or even economic condition (srilanka stock market for example).

    View on r/NepalStock by captainright1

  • IME Group Partners with China CAMC Engineering for Disneyland-Inspired Tourist Destination in Nepal

    IME Group Partners with China CAMC Engineering for Disneyland-Inspired Tourist Destination in Nepal


    The IME Group, in collaboration with China CAMC Engineering (CAMK), is embarking on an ambitious project to create a sprawling tourist destination, similar to Disneyland, in Nepal. This groundbreaking venture is set to revolutionize Nepal’s tourism sector, offering a wide range of attractions and experiences for visitors.

    IME Group’s Vision for a Disneyland-Inspired Tourist Destination in Nepal:

    The IME Group, in partnership with China CAMC Engineering (CAMK), has set its sights on transforming Nepal into a world-class tourist destination, reminiscent of iconic attractions like Shanghai Disneyland. This visionary project was formalized during Prime Minister Pushpa Kamal Dahal’s recent visit to China, signifying a significant milestone for Nepal’s tourism industry.

    China CAMC Engineering’s Expertise:

    China CAMC Engineering (CAMK), a subsidiary of the China National Machinery Industry Corporation (Sinomach), is a renowned leader in engineering design, construction, and consultancy services. The company has a remarkable track record, with notable achievements such as the successful completion of the Pokhara Regional International Airport and various projects worldwide.

    IME Group Chairman Chandra Dhakal’s Vision:

    Chandra Dhakal, the chairman of the IME Group, emphasized the comprehensive nature of the agreement. This partnership extends across multiple sectors, including industry, infrastructure, information technology, and the development of attractions like cable cars, theme parks, and world-class tourist destinations within Nepal. Dhakal stressed that this collaboration would harness the combined experience and expertise of both companies for the successful execution of the project.

    Creating a World-Class Theme Park:

    In its initial phase, the project aims to establish a large-scale theme park, inspired by the grandeur of Shanghai Disneyland and Singapore’s Sentosa Island. Dhakal revealed that preliminary groundwork for the theme park’s construction has already begun. Due to its substantial space requirements, the park is likely to be located outside Kathmandu, with Chitwan being considered as a potential site.

    Technical Expertise and Investment:

    China CAMC Engineering will provide technical assistance and expertise for the project, while the IME Group will oversee the investment aspect. This collaborative approach ensures that the project benefits from the strengths of both entities.

    Lastly:

    The IME Group’s partnership with China CAMC Engineering to create a Disneyland-inspired tourist destination in Nepal represents a major leap forward for the country’s tourism sector. This ambitious project promises to provide visitors with a world-class experience, and with the combined efforts of these two influential entities, Nepal is poised to become a premier tourist destination. Stay tuned for more updates as this exciting venture takes shape!

  • IPO Shares by Nepal Warehousing Company for Nepalese Employed Abroad from Kartik 10

    IPO Shares by Nepal Warehousing Company for Nepalese Employed Abroad from Kartik 10


    Nepal Warehousing Company Limited (NWCL) presents a golden opportunity for Nepalese citizens working abroad with its Initial Public Offering (IPO). The IPO for overseas Nepalese citizens opens from the 10th to the 24th of Kartik, 2080, with no extension beyond the closing date. NWCL’s total issued capital stands at Rs. 68.75 Crores, and 20% of it, equivalent to 13,75,000 unit shares valued at Rs. 13.75 Crores, will be made available to the general public. Specifically, 10% of these shares, totaling 1,37,500 units, have been exclusively reserved for Nepalese citizens working abroad. Don’t miss this chance to invest in NWCL and be part of its exciting growth journey. Secure your shares today!