Tag: Highlights

  • NEPSE Index Gains 2.11% as Volatility Persists

    NEPSE Index Gains 2.11% as Volatility Persists


    The NEPSE (Nepal Stock Exchange) index concluded the week at 1,877.32, registering a gain of 38.73 points or 2.11%. In the previous week, the index had closed at 1,838.59, experiencing a loss of 1.67% compared to the week before.

    Throughout the week, the NEPSE index witnessed fluctuations, reaching a high of 1,883 and a low of 1,807.84. This volatility amounted to 75.16 points, exceeding the 46.39 points observed in the previous week.

    Technical analysis involves studying trends and patterns in order to make predictions about future market movements. Based on the daily charts, both the short-term and mid-term trends for the NEPSE index are currently downward, with the index consistently reaching lower lows.

    On Thursday, the index recorded its highest intraday gain of 32.31 points, accompanied by a turnover of Rs 1.47 Arba. However, the total turnover for the week amounted to Rs 4.59 Arba.

    Overall, the NEPSE index experienced notable gains this week, although volatility remained a prominent factor influencing market movements.

  • NIC Asia Bank Leads Trading Volume, NIBL Growth Fund Surges, and SALICO Faces Loss: Market Highlights

    NIC Asia Bank Leads Trading Volume, NIBL Growth Fund Surges, and SALICO Faces Loss: Market Highlights


    NIC Asia Bank Limited (NICA) had the highest trading volume of Rs. 3.04 crores and closed at a market price of Rs. 694.60 per share. The shares of PRVU had the highest trading activity.

    NIBL Growth Fund (NIBLGF) experienced the highest gain of 9.88% during the day.

    On the other hand, Sagarmatha Lumbini Insurance Co. Limited (SALICO) recorded the highest loss of 6.45% today.

    Among the sector indices, only four closed in positive territory, with the “Manufacturing and Processing” sector gaining the highest at 0.52%. The “Non-Life Insurance” sector had the highest decline, losing 0.62% today.

  • NEPSE Index Records Weekly Loss

    NEPSE Index Records Weekly Loss


    The NEPSE Index, the stock market index of Nepal, concluded the week at a level of 1,838.59, representing a loss of 31.14 points or 1.67%. This decrease follows a similar 1.67% decline from the previous week when the index closed at 1,869.73.

    Throughout the week, the index displayed volatility, with a high of 1,872.22 and a low of 1,825.83. This indicates a range of 37.68 points, which is slightly lower than the 46.39 points of volatility observed in the previous week.

    Analyzing the trend data on daily charts, it is evident that both the short-term and mid-term trends are downward. Each day, the index has been making lower lows, indicating a bearish market sentiment prevailing in the market.

    On Tuesday, there was a notable intraday gain of 10.67 points, accompanied by a turnover of Rs 0.77 Arba. However, the total turnover for the week amounted to Rs 3.25 Arba, indicating moderate trading activity.

    Overall, the NEPSE Index experienced a downward trend during the week, characterized by volatility and declining values. Investors witnessed a bearish market sentiment with the index consistently making lower lows.

  • Nepal Telecom’s Q3 Report Highlights Stable Net Profit and Strong Financial Position

    Nepal Telecom’s Q3 Report Highlights Stable Net Profit and Strong Financial Position


    Nepal Telecom (NTC) Releases Q3 Report with Stable Net Profit, Increased Investments, and Strong Financial Position

    Nepal Doorsanchar Company Limited (NTC), commonly known as Nepal Telecom, has published its third-quarter report for the fiscal year 2079/80. The report reveals that the company has achieved almost similar figures in Net Profits compared to the corresponding quarter of the previous fiscal year. In Q3, NTC recorded a Net Profit of Rs. 5.41 Arba, which is slightly lower than the Rs. 5.43 Arba achieved in the same quarter of FY 2078/2079.

    However, the company’s income from other sources has seen a notable increase of 35.78%, reaching Rs. 5.86 Arba in the third quarter of the current fiscal year, compared to Rs. 4.31 Arba in the previous fiscal year.

    While the administrative expenses of the company have risen by 16.25% to Rs. 89.87 crores during Q3 of this fiscal year, NTC has successfully reduced its operating and maintenance expenses by 13.65% to Rs. 5.28 Arba, as opposed to Rs. 6.12 Arba during the corresponding quarter of FY 2078/79.

    NTC has also made significant increments in its investments, which now amount to Rs. 72.66 Arba, including both long-term and short-term investments.

    With a paid-up capital of Rs. 18 Arba and reserves and surplus of Rs. 75.47, Nepal Telecom stands in a robust financial position.

    The company maintains an Earning per Share (EPS) of Rs. 40.09 and was traded at a Price per Earnings Ratio of 20.40 times.

  • Analysis of Nepal Rastra Bank’s Third Quarter Monetary Policy Review for Fiscal Year 2079/80

    Analysis of Nepal Rastra Bank’s Third Quarter Monetary Policy Review for Fiscal Year 2079/80


    The Nepal Rastra Bank (NRB) has recently published its third quarterly review of the monetary policy for the fiscal year 2079/80. The primary objectives of the NRB, as outlined in the Nepal Rastra Bank Act of 2058, are to ensure price and exchange stability for the overall economic stability and long-term growth of the country.

    Considering the prevailing economic and financial conditions, the NRB has formulated and implemented the necessary monetary policies to achieve these objectives. Adhering to the rule of reviewing the economic and financial situation on a quarterly basis, the focus of this review is on the third quarter of the current fiscal year.

  • NEPSE fell by 0.77%; Naasa Securities is the top buyer and seller broker (Weekly NEPSE Summary With Technical Analysis).

    NEPSE fell by 0.77%; Naasa Securities is the top buyer and seller broker (Weekly NEPSE Summary With Technical Analysis).


     

    This week’s NEPSE index finished at 1,889.76, a decrease of 14.64 points (0.77%). Last week, the index finished at 1,893.33, down 1.55% from the previous week.

    This week, the index reached a high of 1,913.05 and a low of 1875.37, resulting in a volatility of 37.68 points. The prior week’s volatility on the index was 51.52 points.

     

  • NEPSE Ends the Week with a 1.55% Loss with a Turnover of Rs 4.6 Arba.

    NEPSE Ends the Week with a 1.55% Loss with a Turnover of Rs 4.6 Arba.


    This week’s NEPSE index finished at 1,904.40, a loss of 30.07 points (1.55%). Last week, the index finished at 1,934.47, up 3.63% from the previous week.

    This week, the index reached a high of 1,944.58 and a low of 1893.33, resulting in a 51.25 point volatility. The prior week’s volatility on the index was 148.11 points.
    The largest intraday loss was 23.63 points on Monday with a transaction of Rs 0.92 Arba, however the overall turnover for the week was Rs 4.62 Arba.

  • Everest Bank’s Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp

    Everest Bank’s Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp


     

    Everest Bank Limited (EBL) has released its third-quarter report for fiscal year 2079/2080, which shows a 62.63% increase in net profit. The net profit of the bank has improved from Rs. 1.51 Arba in the third quarter of fiscal year 2078/2079 to Rs. 2.46 Arba in the third quarter of fiscal year 2079/2080.

    After PL Appropriation and Regulatory Adjustments, the bank’s distributable profit in the same period is Rs 3.36 arba.

     

  • This week, NEPSE fell by 2.19%

    This week, NEPSE fell by 2.19%


     

    This week’s NEPSE index closed at 1,866.79, a loss of 41.76 points (2.19%). Last week, the index closed at 1,908.55, down 0.34% from the previous week.

    This week, the index reached a high of 1,928.66 and a low of 1856.69, resulting in 71.97 points of volatility. In the previous week, the index experienced 71.44 points of volatility.

  • NEPSE fell 6.59 points (0.34%) this week, with a turnover of Rs 5.83 arba; Weekly Summary with Technical Analysis, Sector Comparison, Major Highlights, and More

    NEPSE fell 6.59 points (0.34%) this week, with a turnover of Rs 5.83 arba; Weekly Summary with Technical Analysis, Sector Comparison, Major Highlights, and More


    This week’s NEPSE index closed at 1,908.55, down 6.59 points (0.34%). Last week, the index closed at 1,915.14, up 0.94% from the previous week.

    This week, the index reached a high of 1,936.43 and a low of 1.864.99, resulting in 71.44 points of volatility. In the previous week, the index experienced volatility of 55.81 points.

     

  • All 5 NIC Asia Capital Mutual Fund Schemes have published the Falgun Month NAV Report.

    All 5 NIC Asia Capital Mutual Fund Schemes have published the Falgun Month NAV Report.


     

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    The financial highlights for the month of Falgun have been published by NIC Asia Balanced Fund (NICBF), a 10-year close-end mutual fund scheme managed by NIC Asia Capital. The period’s NAV was Rs. 10.73, which was lower than the previous month’s NAV of Rs. 11.26.

    The scheme started with a Rs. 75.50 crore fund, including seed capital from the fund sponsor. The scheme has spent Rs. 43.10 crores on listed company shares and Rs. 19.52 crores on debentures. Non-listed shares are worth Rs. 1.34 crores. The amount invested in fixed deposits is Rs. 9 crores, and the bank balance is Rs. 4.38 crores.

     

  • NEPSE Ends the Week With a Loss of 0.94% and a Turnover of Rs 5.11 Arba

    NEPSE Ends the Week With a Loss of 0.94% and a Turnover of Rs 5.11 Arba


    NEPSE traded only four days this week due to the Ghode Jatra holiday on Tuesday. Last week, the index closed at 1,933.31, down 3.46% from the previous week.

    This week, the index reached a high of 1,962.14 and a low of 1906.33, resulting in a volatility of 55.81 points. The index had 95.95 points of volatility the previous week.