Tag: Decrease

  • Nepal’s 7-Month Trade Snapshot: Imports Dip 2.31%, Trade Deficit Narrows 1.77%, Exports Down 7.07%

    Nepal’s 7-Month Trade Snapshot: Imports Dip 2.31%, Trade Deficit Narrows 1.77%, Exports Down 7.07%


    In the initial seven months of the current fiscal year, spanning from Shrawan to Magh in the Nepali calendar, Nepal’s imports reached Rs. 8.97 Kharba, indicating a slight decrease of 2.31% compared to the corresponding period in the previous year, where imports totaled Rs. 9.19 Kharba.

    During this period, the trade deficit has also witnessed a reduction of 1.77%, amounting to Rs. 8.11 Kharba in the current fiscal year, as opposed to Rs. 8.25 Kharba recorded in the same timeframe of the previous year.

    Simultaneously, there has been a notable decline in Nepal’s exports, experiencing a 7.07% decrease. The total value of exported goods and services for the first seven months of the current fiscal year amounted to Rs. 86.83 Arba, in contrast to the Rs. 93.43 Arba worth of exports during the equivalent period in the preceding year. These statistics, derived from data released by the Customs Department, highlight the dynamics of Nepal’s trade performance, showcasing a nuanced interplay of import and export figures in the given fiscal timeframe.

  • Reason // factors that contribute to increase or decrease of share value.

    Reason // factors that contribute to increase or decrease of share value.


    What are some possible reasons for the decline in the value of a share, despite higher demand than supply, considering both market dynamics and underlying factors?

    View on r/NepalStock by FlowerFantastic530

  • Your opinion on, will the interest rate decrease next month?

    Your opinion on, will the interest rate decrease next month?


    Cause interest rate is inversely proportional to direction of movement of market.

    View on r/NepalStock by -No-One-Nepal

  • “Nepal’s Gold Prices Drop: Market Update”

    “Nepal’s Gold Prices Drop: Market Update”


     

    The Federation of Nepal Gold and Silver Dealers’ Association has announced a decline of Rs 700 per tola in the local gold price. This drop was observed on the same day while finalizing today’s price list.

    As of now, the value of fine gold remains steady at Rs. 111,300 per tola, while tejabi gold is being sold at Rs. 110,750 per tola. In comparison, just yesterday (Wednesday), the price of fine gold was Rs. 112,000 per tola, and tejabi gold was priced at Rs. 111,450.

    This update highlights the recent decrease in gold prices within the Nepalese market.

     

  • Decrease in Interbank Interest Rate Indicates Heightened Liquidity in Nepal’s Banking System

    Decrease in Interbank Interest Rate Indicates Heightened Liquidity in Nepal’s Banking System


    The banking sector in Nepal has recently witnessed a decrease in the interbank interest rate, indicating an increase in liquidity within the system. According to data provided by Nepal Rastra Bank, the interbank interest rate of banks has fallen below 1 percent. Specifically, on Ashad 27, the interbank interest rate remained stable at 0.83 percent.

    In parallel, the average Cash Deposit (CD) ratio experienced a decline on Ashad 27, reaching 81.67 percent compared to the 82.11 percent recorded on Ashad 25. This decline in the CD ratio can be attributed to the infusion of an additional Rs. 23 Arba into the banking system.

    As of Ashad 25, the total deposits held by banks and financial institutions amounted to Rs. 57.13 Kharba. By Ashad 27, this figure had increased to Rs. 57.36 Kharba. Moreover, the credit investment by banks stood at Rs. 48.51 Kharba.

    Overall, these developments indicate a higher level of liquidity within the banking sector in Nepal, reflected by the decrease in interbank interest rates and the rise in total deposits. This increased liquidity provides potential opportunities for financial institutions to support credit investment and drive economic growth.

  • NEPSE Faces Volatility and Ends Short Trading Week with a Significant Decrease of 4.74% in Index Value

    NEPSE Faces Volatility and Ends Short Trading Week with a Significant Decrease of 4.74% in Index Value


    This week, the Nepal Stock Exchange (NEPSE) had only four trading days as Monday was a holiday due to Republic Day. At the end of the week, the NEPSE index closed at 1,866.34, experiencing a loss of 92.78 points or -4.74%. In the previous week, the index had closed at 1,959.12, showing a gain of 4.36% compared to the week before.

    Throughout the week, the NEPSE index reached a high of 1,977.36 and a low of 1,837.43, indicating a volatility of 139.93 points. In the previous week, the volatility was 96.44 points. The largest intraday gain occurred on Tuesday, with an increase of 53.16 points and a turnover of Rs. 2.3 Arba. The total turnover for the week amounted to Rs. 8.95 Arba. In terms of trading volume, more than 2.89 crore unit shares were traded through 155,123 transactions.

    The current market capitalization of NEPSE stands at Rs. 2,74,651.40 million, which is equivalent to Rs. 27.24 Kharba. Despite the shortened trading week, the NEPSE experienced fluctuations and ended with a significant decrease in its index value.

  • NMB Laghubitta Bittiya Sanstha Limited Reports Significant Decline in Net Profit for Q3 FY 2079/80

    NMB Laghubitta Bittiya Sanstha Limited Reports Significant Decline in Net Profit for Q3 FY 2079/80


    NMB Laghubitta Bittiya Sanstha Limited (NMBMF) has released its third-quarter report for the fiscal year 2079/80, revealing a significant decline in net profit. The company’s net profit stood at Rs. 1.15 crores, representing a decrease of 89.80% compared to the same quarter of the previous fiscal year.

    Personnel expenses reported by the company for the first three quarters of the current fiscal year witnessed a slight increase of 5%, totaling Rs. 17.14 crores. Meanwhile, the operating profit experienced a substantial decline of 90% and reached Rs. 1.61 crores during the same period. The net interest income, which represents the core revenue of the microfinance institution, also decreased to Rs. 25.96 crores, reflecting a decline of 25.85% compared to the corresponding quarter of FY 078/79.

    However, concerning financial performance, NMBMF faced challenges as the non-performing loan (NPL) ratio more than doubled, reaching 8.97%. This increase indicates a higher proportion of loans in default or showing signs of financial distress.

    In terms of earnings per share (EPS), the company reported a slump to Rs. 2.34, while the net worth per share stood at Rs. 164.73 for NMBMF.

    At the end of the third quarter of the current fiscal year, the quarter-end price of NMBMF’s shares was Rs. 525.

  • Gold Prices in Domestic Market Decline by Rs. 800 per Tola, Silver Also Witnesses a Decrease

    Gold Prices in Domestic Market Decline by Rs. 800 per Tola, Silver Also Witnesses a Decrease


    Gold prices in the domestic market have experienced a decline of Rs. 800 per tola. The official website of the Federation of Nepal Gold and Silver Dealers’ Association indicates that fine gold is currently trading at Rs. 110,800 per tola, down from yesterday’s rate of Rs. 111,600 per tola. Similarly, Tejabi gold is being traded at Rs. 110,250 today, compared to yesterday’s rate of Rs. 111,050 per tola.

    In addition, the price of silver has also dropped by Rs. 55 per tola. The lustrous white metal is currently being traded at Rs. 1,375 per tola in the local market, down from the previous day’s closing rate of Rs. 1,430 per tola.

    Internationally, the current price of gold stands at USD $2,011.50 per ounce, while silver is being traded at $24 per ounce.

  • Bindhyabasini Hydropower Development Company Limited Reports a 48.81% Decrease in Q3 Net Profit Due to Machinery Breakdown

    Bindhyabasini Hydropower Development Company Limited Reports a 48.81% Decrease in Q3 Net Profit Due to Machinery Breakdown


    Bindhyabasini Hydropower Development Company Limited (BHDC) has published its Q3 report of FY 2079/80, reporting a 48.81% decrease in net profit. The company’s net profit has reached Rs. 6.41 crores in this quarter compared to Rs. 12.53 crores in the corresponding quarter of the previous year. The company’s total revenue stood at Rs. 21.02 crores, with an increase in administrative expenses by 53.78% and a slight decrease in financial expenses.

    The paid-up capital of the company stood at Rs. 1.05 Arba, an increase of 40% compared to the previous fiscal year. However, the company suffered a significant decline in net profit due to machinery breakdown, resulting in a decrease in overall production and operations.

    Rudi Khola B Hydropower Project, one of the two projects operated by BHDC, had reported damages in the pipeline due to landslides experienced on Shrawan 18, 2079, while issues in the power transformer of the project had been reported on Falgun 01, 2079.

    According to the management analysis of the company, the decline in net profits was primarily due to machinery breakdown, resulting in adverse impacts on the company’s overall profitability. Despite the decline, the annualized earnings per share for BHDC stood at Rs. 8.15, while the net worth per share was Rs. 113.69.

    In conclusion, BHDC’s Q3 report highlights the adverse impact of machinery breakdown on the company’s overall operations and profitability, leading to a significant decline in net profit. The company is continuously working on resolving the issues that have caused the decline in its net profit and improving its operations to ensure stable growth in the coming quarters.

  • GBLBS Reports Net Profit of Rs. 5.9 Crores in Q3 of FY 2079/2080 with Decreased Net Interest Income and Non-Performing Loans

    GBLBS Reports Net Profit of Rs. 5.9 Crores in Q3 of FY 2079/2080 with Decreased Net Interest Income and Non-Performing Loans


     

    Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) has reported a net profit of Rs. 5.9 Crores in the third quarter of FY 2079/2080, marking a 79.19% decrease compared to the same quarter in the previous year. The company’s net interest income decreased by 26.48% to Rs. 67.31 Crores, while its borrowings decreased by 16.70% to Rs. 5.70 Arba and deposits decreased by 4.55% to Rs. 3.75 Arba. The company’s loans and advances also decreased by 10.03% to Rs. 12.71 Arba in this quarter. Non-performing loans increased to 7.94% from 4.23% in the corresponding quarter, while annualized earnings per share (EPS) stands at Rs. 8.01 and net worth per share is Rs. 235.87.

  • NEPSE fell by 0.44% today to close at 1,866.79; only three sectors closed in the green.

    NEPSE fell by 0.44% today to close at 1,866.79; only three sectors closed in the green.


    The NEPSE index closed at 1,866.79 today, down 8.28 points from the previous trading day’s close. This is a 0.44% decrease. Yesterday, the index rose 8.39 points.

    The index opened today at 1,875.88 and reached an intraday high of 1,888.82. In contrast, it dropped as low as 1,864.51 before closing at 1,866.79.

    Through 23,388 transactions, 269 scrips changed hands. A total of 2,870,819 shares were traded, totaling Rs. 92.06 crores in turnover. This exceeds the previous trading day’s turnover of Rs. 81.6 Crores.

     

  • Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE

    Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE


    Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications.

    The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital allocated its Sunrise Focused Equity Fund. Nevertheless, the close-ended mutual fund received just 10 crore unit mutual fund applications out of the 12 crores available, forcing the fund manager to decrease the fund’s corpus to Rs 1 Arba.