Tag: Sector

  • Why is the banking sector down? When will it bounce bank?

    Why is the banking sector down? When will it bounce bank?


    NPL badheko cha. Profits ghateko cha. Tara 1000 ko line ma aaune Khal ko bijok cha jasto tah lagdaina. Dividend ni nadine ra -ve EPS bhako company haru badheko dekchu. Banking sector lai chai K bhako?


    View on r/NepalStock by Sufficient_Mine4864


  • NEPSE Index Records Gain of 1.13% Amid Vibrant Trading Activity

    NEPSE Index Records Gain of 1.13% Amid Vibrant Trading Activity


    The Nepal Stock Exchange (NEPSE) Index experienced a positive movement today, registering a gain of 1.13% or 22.75 points, reaching a closing value of 2,026.81 points. This follows a slight downturn of 2.73 points in the preceding trading session. The day began with an opening value of 2,009.05, and throughout the trading period, the index fluctuated, hitting an intraday high of 2,026.82 and a low of 2,000.36.

    Trading activity was vibrant, witnessing transactions involving 311 different stocks across 64,221 transactions. The total volume of shares exchanged amounted to 11,210,102, translating to a turnover of Rs. 4.25 Arba. The market capitalization concluded at Rs. 32.13 Kharba, with a float market capitalization of Rs. 10.84 Kharba.

    Nepal Reinsurance Company Limited Promoter Share (NRICP) took the spotlight of the day, generating a turnover of Rs. 95.20 Crore and closing at a market price of Rs. 281.00. Additionally, five companies experienced positive circuit trends.

    On the downside, Taragaon Regency Hotel Limited (TRH) encountered a setback, experiencing a decline of 10% to close at Rs. 792.00.

    In terms of sector performance, two sector indices concluded in negative territory. The “Finance Index” led the gains with a notable increase of 5.95%. However, the “Hotels And Tourism Index” saw a slight decline of 0.08%.

  • Question about Valuing Assets, Especially Land, of Banks, hotels and tourism sector.

    Question about Valuing Assets, Especially Land, of Banks, hotels and tourism sector.


    Hi everyone, I'm trying to understand how banks and other financial institutions value their assets, particularly land. Is land of Nepal bank limited(NBL), Soaltee Hotel (SHL) are fairly valued or what?
    Could someone explain the process to me in simple terms? I'm curious about factors like how they determine the value of land holdings, what's their actual valuations . Any insights or resources you could share would be greatly appreciated! Thanks in advance!


    View on r/NepalStock by Yunik_B


  • Central Bank Unveils First Quarterly Monetary Policy Reforms: Highlights of Key Changes in Banking Sector

    Central Bank Unveils First Quarterly Monetary Policy Reforms: Highlights of Key Changes in Banking Sector


    Central Bank Unveils First Quarterly Monetary Policy Reforms: Highlights of Key Changes in Banking Sector


    View on r/NepalStock by ggg_deep


  • NEPSE Surges by 22.10 Points, Closing at 2,052.65 with Microfinance Leading Green Sector Rally

    NEPSE Surges by 22.10 Points, Closing at 2,052.65 with Microfinance Leading Green Sector Rally


    The Nepal Stock Exchange (NEPSE) Index recorded a significant gain of 22.10 points, equivalent to 1.08%, surpassing the previous day’s closing to settle at 2,052.65 points. In the preceding trading session, the index had registered a gain of 13.51 points.

    Commencing the trading day, the index opened at 2,032.58, touching an intraday low of 2,032.58, and achieving an intraday high of 2,061.20.

    Throughout the day’s trading activities, 304 different stocks were traded in 56,726 transactions. The volume of shares traded totaled 7,043,457, with a cumulative turnover of Rs. 2.92 Arba. The market capitalization stood at Rs. 32.26 Kharba, and the float market capitalization was Rs. 10.97 Kharba.

    SHIVAM CEMENTS LTD (SHIVM) emerged with the highest turnover, amounting to Rs. 22.93 crores, and concluded at a market price of Rs. 537.

    Among the gainers, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) and Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) exhibited the most substantial gain of 10%, followed by Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) with an 8.72% gain.

    On the downside, Chirkhwa Hydropower Limited (CKHL) incurred the highest loss of 7.06%, trailed by Peoples Hydropower Company Limited (PHCL) with a loss of 6.95%.

    In the sector indices, only the HydroPower Index concluded in the red, while the “Microfinance Index” demonstrated the most significant gain of 4.21%. The “HydroPower Index” experienced a marginal loss of 0.12%

  • NEPSE Records Double-Digit Gain, Led by Non-Life Insurance Sector – March 7, 2024

    NEPSE Records Double-Digit Gain, Led by Non-Life Insurance Sector – March 7, 2024


    The Nepal Stock Exchange (NEPSE) witnessed a notable increase of 13.51 points, equivalent to 0.67%, closing at 2,030.55 points compared to the previous day. This gain followed a positive trend from the previous trading session, where the index experienced an increase of 9.33 points.

    The trading day commenced with the NEPSE index opening at 2,020.95, reaching an intraday low of 2,017.00, and achieving an intraday high of 2,040.90.

    Throughout today’s trading activities, a total of 309 different stocks were traded in 47,699 transactions. The volume of shares traded amounted to 8,929,152, with a total turnover of Rs. 3.19 Arba. The market capitalization stood at Rs. 31.91 Kharba, and the float market capitalization was Rs. 10.90 Kharba.

    Nepal Reinsurance Company Limited Promoter Share (NRICP) took the lead in turnover, reaching Rs. 56.20 crores.

    Among the gainers in today’s trading, Peoples Hydropower Company Limited (PHCL) exhibited the highest increase of 10%, followed by Chirkhwa Hydropower Limited (CKHL) with a gain of 8.97%.

    Conversely, NIC ASIA Growth Fund-2 (NICGF2) faced the highest loss of 6.21%, trailed by Samling Power Company Limited (SPC) with a loss of 5.02%.

    In the sector indices, three sectors closed in the red today. The “Non-Life Insurance Index” recorded the highest gain of 1.56%, while the “Mutual Fund Index” experienced a loss of 0.79%.

  • NEPSE Sees 0.04% Loss, Closes at 2,000.77; Trading Sector Leads in Gains

    NEPSE Sees 0.04% Loss, Closes at 2,000.77; Trading Sector Leads in Gains


    The Nepal Stock Exchange (NEPSE) Index experienced a slight decline of 0.87 points or 0.04% compared to the previous day, closing at 2,000.77 points. In the prior trading session, the index had seen an increase of 9.34 points.

    Today’s trading began with the index starting at 2,002.94, reaching a high of 2,009.50 during the day and dropping to a low of 1,992.46.

    Throughout the trading session, a total of 308 different stocks were traded in 41,679 transactions. The total volume of shares exchanged was 5,115,658, resulting in a turnover of Rs. 2.03 Arba. The market capitalization stood at Rs. 31.45 Kharba, with a float market capitalization of Rs. 10.73 Kharba.

     

  • NEPSE Wraps Week with 1.64% Loss & Rs 20.46 Arba Turnover: Weekly Summary & Analysis

    NEPSE Wraps Week with 1.64% Loss & Rs 20.46 Arba Turnover: Weekly Summary & Analysis


    This week, the NEPSE Index ended at 2,062.03, dropping by 34.29 points or 1.64%. Last week, it closed at 2,096.32, showing a gain of 1.42%.

    Throughout this week, the index fluctuated between 2,108.73 and 2,055.82, experiencing a total volatility of 52.91 points. The previous week had a slightly higher volatility of 53.61 points.

    The most significant intraday loss occurred on Tuesday, amounting to 30.57 points, with a turnover of Rs 4.66 Arba. However, the total turnover for the week stood at Rs 20.46 Arba.

     

  • Hydropower sector: What kind of stocks had maximum growth?

    Hydropower sector: What kind of stocks had maximum growth?


    Well i did some study on hydro stocks. From 05/11/2023 to 25/01/2024. During the period Nepse had a max growth from 1829 to 2175 ~18%.

    There was an average max growth (from absolute bottom to the peak) of 56% in hydro and the best performing stock was MHCL which grew 195% in 70days.

    https://preview.redd.it/6vk2us9vuwec1.png?width=1253&format=png&auto=webp&s=46b21845a04543939f9f1178543ff415efac5de0

    And here is the correlation coefficient:

    ​

    https://preview.redd.it/yok5v0nzvwec1.png?width=560&format=png&auto=webp&s=fbfd84ea12816ead8a5e387d838956884bd4b008

    So didnt get any strong correlations. EPS/PE has very little to do with anything. The onlything fundamental seemed to be no. of shares. So low cap=high growth. But at just -0.25 this is a extremely weak correlation.

    Other two were also

    1. low price (at bottom) compared to average low price=good
    2. high previous high=bad. I thought this was a confounding bias. It has got to be because new stocks did well, old stocks have seen a bull market and have a very high prev. high.
    3. so i did a 3rd one on date of listing. And found a weak positive correlation. So new stock=good

    ​

    you can find me talk about it here [https://www.youtube.com/watch?v=GVgFNhCiWsE](https://www.youtube.com/watch?v=GVgFNhCiWsE)

    Note that this is just an observation on the current upswing. It doesnt include data from any previous upswings and as such doesnt necessarily mean the same characteristics are always good. This is not an investment advice. Do your own research.


    View on r/NepalStock by ShreShreShreShreShre