Tag: trading

  • NEPSE Index Surges by 1.80% in Today’s Trading: Positive Momentum and Notable Market Highlights

    NEPSE Index Surges by 1.80% in Today’s Trading: Positive Momentum and Notable Market Highlights


    The Nepal Stock Exchange (NEPSE) Index witnessed a notable gain of 36.57 points, equivalent to 1.80%, compared to the previous day’s closing, concluding at 2,059.49 points. This positive momentum follows a loss of 26.36 points in the previous trading session. The day started with the index opening at 2025.89, touching an intraday low of 2,025.62, and reaching an intraday high of 2,059.66.

    During today’s trading, a total of 309 different stocks were traded in 99,524 transactions, with a trading volume of 13,709,276 shares and a total turnover of Rs. 4.67 Arba. The market capitalization stood at Rs. 32.00 Kharba, accompanied by a float market capitalization of Rs. 11.06 Kharba.

    Sonapur Minerals And Oil Limited (SONA) led in terms of turnover, reaching Rs. 21.84 crores and closing at a market price of Rs. 506.

    Six companies experienced a positive circuit for the day, contributing to the market’s overall upward trend. Conversely, Narayani Development Bank Limited (NABBC) incurred the highest loss, amounting to 5.46%.

    In the sector indices, with the exception of the “Mutual Fund Index,” all sectors closed in the green. The “Life Insurance Index” saw the most significant gain, surging by 3.72%, while the “Mutual Fund Index” saw a marginal loss of 0.01%.

  • Hathway Investment Nepal (HATHY): A Phenomenal 1880% Gain for IPO Allottees in Just 47 Trading Days

    Hathway Investment Nepal (HATHY): A Phenomenal 1880% Gain for IPO Allottees in Just 47 Trading Days


    Hathway Investment Nepal Limited (HATHY) has surpassed expectations since its Initial Public Offering (IPO), making it a standout performer in the market. Established in 2009, Hathway is recognized as Nepal’s pioneering private-equity investment firm, dedicated to impactful investing. The company initiated its public market journey with an IPO priced at Rs. 50 per share, which received significant public attention, issuing a total of 24,27,750 unit shares. Listed on October 10, 2023, with an opening range set by the Nepal Stock Exchange (NEPSE) at Rs. 95.09 to Rs. 285.27, HATHY’s stock opened impressively at Rs. 285.20 on October 11.

    Hathway has exceeded market expectations, and as of January 4, 2024, the stock’s current market price stands at an impressive Rs. 990, including a 10% bonus share adjustment. This marks a substantial increase from the IPO price of Rs. 50 per share. The company has experienced a remarkable gain of Rs. 704.80 or 247.12% from the opening price of Rs. 285.20 in the last forty-seven trading days. Investors allotted shares during the IPO have witnessed a phenomenal gain of 1880% during this period, with a total turnover of Rs. 2.86 Arba and 95,777 transactions.

    In its first quarterly report, Hathway reported a net profit of around Rs. 1.58 Crores, with an Annualized Earnings Per Share (EPS) of Rs. 2.70 and a Net Worth Per Share of Rs. 80.24. The company’s investments in securities and properties total Rs. 2.06 Arba and Rs. 18.51 Crores, respectively.

    HATHY has proposed a dividend of 10.526%, comprising 10% bonus shares and 0.526% cash dividends, based on the company’s paid-up capital of Rs. 1.17 Arba for the fiscal year 2079/80. The book closure for this dividend closed on December 28, 2023.

    The closing price of Hathway on December 27 was Rs. 796.50, and after factoring in the adjustment for the 10% bonus shares, the revised price stood at Rs. 724.09. Post-adjustment, with a total of 25,740,000 units of shares, Hathway’s market capitalization presently stands at an impressive Rs. 25.48 Arba.

  • Seize Your Share: Final Day for Dividends from SIFC, BNT, and MH

    Seize Your Share: Final Day for Dividends from SIFC, BNT, and MH


    Today marks the final opportunity for shareholders to seize the proposed 5.05% cash dividend declared by Shree Investment Finance Company Limited (SIFC). The company’s 29th Annual General Meeting (AGM) is scheduled for the 29th of Poush, 2080, at the office of the company registrar in Dillibazar, Kathmandu, beginning at 10 am. The decision to distribute the dividend, amounting to Rs. 4.95 crores, was made during the 336th meeting of the board of directors on Mangsir 26, derived from the paid-up capital of Rs. 98.16 crores. Shareholders registered before the book closure date of Poush 20 are eligible for the dividend and can participate in the AGM.

    Similarly, shareholders have until today to avail themselves of the 60% cash dividend proposed by Bottlers Nepal Terai Limited (BNT). The company has called its 37th AGM on the 27th of Poush, 2080, at Soaltee Hotel, Tahachal, Kathmandu, commencing at noon. A cash dividend of Rs. 60 per share has been suggested for the fiscal year 2079/80. Shareholders maintaining their status till Poush 19 can attend the AGM and qualify for the dividend payout.

    Furthermore, today is the last day for investors to secure the dividend proposed by Mandakini Hydropower Limited (MHL). The company’s 10th AGM is scheduled for Poush 29, 2080, at Foodland and Banquet, Battisputali, Kathmandu, starting at 10 AM. The board of directors, in a meeting on the 29th of Mangsir 2080, proposed a 5% dividend from the profit earned after FY 2079/80. The paid-up capital stands at Rs. 58.8 Crores, with a suggestion of 4.75% bonus shares and 0.25% cash dividend (including tax). The book closure for both the proposed dividend and AGM is on the 20th of Poush, 2080. Therefore, shareholders maintaining their status until the 19th of Poush are entitled to the dividend payout and can participate in the AGM.

  • Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders

    Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders


    Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have commenced the auction of their respective promoter shares. Bijaya Kumar Thakur is offering 26,000 units, while Dhirendra Thakur is putting up 30,000 units for auction. This auction, which began on the 18th of Poush, 2080, is exclusively open to existing promoter shareholders.

    A total of 56,000 units of promoter shares are available for auction, and only shareholders meeting the eligibility criteria are encouraged to participate. The auction period spans 15 days from the publication date of this notice, providing existing promoter shareholders with a window to bid for these shares.

    As of the latest information, the Last Traded Price (LTP) for MPFL currently stands at Rs. 320. Simultaneously, another financial instrument associated with Multipurpose Finance Company Limited, MPFLPO, holds an LTP of Rs. 150.00, as recorded on December 5th, 2023. These details serve as additional context for potential investors considering participation in the ongoing auction of promoter shares, adding pertinent information to aid their decision-making process.

  • Stocks of your choice for trading.

    Stocks of your choice for trading.


    asap

    View on r/NepalStock by Nawarajkarki

  • To all the members of this comm, how much money have you made/lost from trading in nepse?

    To all the members of this comm, how much money have you made/lost from trading in nepse?


    Also, if you can please share your total trading portfolio which you traded. Rough figures will do.

    View on r/NepalStock by These_Peace4280

  • Nepal ma options trading available xa ki nai? Shorting, borrowing, robinhood jasto kei xa ra?

    Nepal ma options trading available xa ki nai? Shorting, borrowing, robinhood jasto kei xa ra?


    curious

    View on r/NepalStock by These_Peace4280

  • Nepal Stock Exchange: Market Update with Marginal Losses and Notable Performers

    Nepal Stock Exchange: Market Update with Marginal Losses and Notable Performers


    The Nepal Stock Exchange (NEPSE) Index recorded a marginal loss of 1.93 points, equivalent to 0.09% compared to the previous day’s closing, settling at 2,068.90 points. This follows a significant double-digit loss of 17.23 points in the preceding trading session.

    The day’s trading activities commenced with the index opening at 2,072.09. It experienced fluctuations throughout the session, touching an intraday low of 2,059.49 and reaching an intraday high of 2,085.36.

    During the course of today’s trading, a total of 303 different stocks were exchanged through 101,504 transactions. The volume of shares traded amounted to 11,658,110, with a total turnover of Rs. 4.29 Arba. The market capitalization stood at Rs. 32.13 Kharba, with a float market capitalization of Rs. 11.10 Kharba.

    Sonapur Minerals And Oil Limited (SONA) emerged as the top performer in terms of turnover, reaching Rs. 14.38 crores and concluding at a market price of Rs. 454.10.

    The day’s highest gainer was Vision Lumbini Urja Company Limited (VLUCL), witnessing a growth of 10%. Following closely were Chirkhwa Hydropower Limited (CKHL), Hathway Investment Nepal Limited (HATHY) at 9.99%, and MEHL, MKCL at 9.98% each.

    Conversely, Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) and BPW Laghubitta Bittiya Sanstha Limited (BPW) experienced the most significant loss of 10%.

    Examining sector indices, only six sectors closed positively on this trading day. The “Manufacturing And Processing” sector observed the highest gain of 1.29%, while the “Trading Index” registered a loss of 1.71%.

  • NEPSE Lifts Trading Suspension on Muktinath Bikas Bank: Resumes After Delayed Dividend Information

    NEPSE Lifts Trading Suspension on Muktinath Bikas Bank: Resumes After Delayed Dividend Information


    The Nepal Stock Exchange Limited (NEPSE) has lifted the trading suspension on Muktinath Bikas Bank Limited (MNBBL) securities. The company is set to resume trading activities following a brief halt caused by delayed submission of information related to the dividend declaration for the fiscal year 2079/80.

    According to an official statement from NEPSE, MNBBL failed to provide timely details about the dividend declaration, a requirement outlined in the Securities Listing Regulations, 2075. The regulations dictate that companies must submit notices, information, and decisions affecting securities prices to NEPSE on or before the day of business commencement.

    The decision regarding the dividend declaration for the fiscal year 2079/80 was made during MNBBL’s board meeting on the 5th of Poush. However, the information regarding this decision reached NEPSE a day later, on the 6th of Poush, prompting an immediate suspension of MNBBL securities trading. NEPSE, in response, sought clarification from MNBBL within a three-day period.

    MNBBL responded to NEPSE’s inquiry, explaining that the delay was unintentional and resulted from coincidental timing. They clarified that the discussion on the dividend occurred during the meeting at 4:30 P.M. on the 5th of Poush.

    Despite MNBBL’s explanation, NEPSE, in its decision dated 2080/09/11, issued a warning to MNBBL and instructed the resumption of the suspended securities transactions. The warning underscores MNBBL’s responsibility to fully adhere to the Securities Listing Regulations, 2075, and its associated terms.

  • Nepal Declares Public Holidays for Christmas, Udhauli Parva, and Yomari Punhi, Embracing Cultural Diversity

    Nepal Declares Public Holidays for Christmas, Udhauli Parva, and Yomari Punhi, Embracing Cultural Diversity


    The Government of Nepal has joyously declared Monday, the 9th of Poush, and Tuesday, the 10th of Poush, as public holidays to celebrate ‘Christmas Day,’ ‘Udhauli Parva,’ and ‘Yomari Punhi,’ showcasing its commitment to embracing the cultural and religious diversity of the nation.

    Globally observed on December 25th, Christmas Day commemorates the birth of Jesus Christ and holds immense religious and cultural significance for billions of people. This holiday is characterized by festive decorations, the exchange of gifts, and gatherings of families and friends.

    Yomari Punhi, a traditional Newari festival, aligns with the full moon day of Thinlā, the second month in the lunar Nepal Era calendar (November/December). The festival symbolizes the conclusion of the rice harvest and involves the preparation and consumption of yomari, a sweet rice flour delicacy.

    Udhauli Parva is a festival observed by the Kirat community, expressing gratitude to nature for a fruitful harvest. As part of the festivities, individuals from the hills migrate to lower regions to escape the harsh Himalayan winters.

    In observance of these celebrations, the Nepal Stock Exchange Limited (NEPSE) will be closed on Monday and Tuesday. Regular trading activities are set to resume on Wednesday, Poush 11, 2080, beginning at 11:00 AM.

    During this brief pause for celebration, we extend warm wishes to all, hoping for a joyous and harmonious holiday season. May the spirit of unity and celebration bring happiness and prosperity to all citizens of Nepal.