Tuesday, September 8, 2009

Stock Market News(2066/5/24)

  • Excel Development Bank has allotted its right share on 2066/5/22 and distributing non- allotted shares amount from 2066/5/24.
  • Nepal Express Finance is distributing its right share certificate from 2066/5/24.
  • NMB Bank is distributing share slip of auctioned right share and returning money from 2066/5/23.
  • Securities Board of Nepal has asked general public to provide suggestion and comment for the provision of mutual fund drafted by the board.
  • Securities Board of Nepal approved right share of Butwal finance and directed to issue worth Rs 337263476 at the face value to the existing share holder. Finance has appointed NMB Bank for the issue manager.
  • Slipa Securities Pvt ltd ( Broker no.20) has been resumed for trading with an alert from Nepse.

Monday, September 7, 2009

Stock Market News{2066/5/23}

  • Nepal Telecome published fourth quarterly report of fiscal year 2065/66. Company has earned 9.493 billion net profit in this quarter ending .

This year ending Corresponding Previous year
  • Net profit Rs 9.493 billion Rs 7.653 billion
  • Net Worth Per Share Rs 273 Rs 261
  • Earning Per Share Rs 63 Rs 68
  • Price Earning Ratio 9.94 7.72
  • Patan Finance also published fourth quarterly report of fiscal year 2065/66.
  • The BOD of Unilever Nepal approved to distribute Rs 325 as interim dividend per share out of the aforementined final dividend of Rs 450(400+50) per share for the year 2065/55 after the approval of Nepal Rastrya Bank.

Sunday, September 6, 2009


Stock Market News(2066/5/22)

  • Right share of DCBL Bank has been listed in NEPSE.
  • Muktinath Bikas Bank published special AGM notice; Date:2066/6/6, Time:11am, Venue:Central office, Pokhara, Agenda: Rise in capital.
  • Annapurna Finance is issuing 1:1.6 right share from 2066/5/22. Its Issue Manager is Ace Development Bank.
  • Sagarmatha Insurance published 12th AGM notice; Date:2066/5/26, Time:1pm, Venue:Naksal, Bhagwatibahal. Agenda:
  • Jyoti Spinning Mill published AGM notice; Date:2066/6/19, Venue:Guthi Hall, Dallu, Kathmandu, Time:10:15 , Agenda: Liquidator Report.
  • The BOD of Sanima Bikas Bank approved to distribute 5 % bonus share for the year 2065/66 after the approval of Nepal Rastrya Bank.

Nepal Bangladesh Bank Chief Executive Officer (CEO) Mr. Govinda Babu Tiwari at SRCS Investor's Club.


Stock Market News(2066/5/21)

  • Sagarmatha Merchant Banking and Finance has decided to distribute 10.526 % cash dividend from the profit of fiscal year 2065/66 after the approval of Nepal Rastrya Bank.
  • Goodwill Finance published notice for right share issue. Issue Opening Date:2066/6/8, No of issued share:17 lakh 32 thousand and 5 hundred, Issue Manager:Ace Development Bank.
  • Shikhar Bittiya Sanstha published special AGM notice; Date:2066/5/27, Time:11am, Place:Nepal Prasasanik Pratisthan, Jawalakhel, Agenda: Amendment of memorandum of article.
  • Everest Finance is selling 24500 units `A' and 3580 units `B' category shares on auction at the minimum price of Rs 100.
  • 12 lakh 42 thousand kitta bonus share of Siddhartha Bank has been listed in Nepal Stock Exchange.
  • 8o thousand 7 hundred and 84 kitta right share of Premier Finance has been listed in NEPSE.
  • Nepal Development and Employment Promotion Bank 15 lakh 65 thousand 9 hundred and 70 kitta right share has been listed in NEPSE.

Thursday, September 3, 2009

SRCS completed 2o6th batch of share training group.


Stock Market News(2066/5/19)

  • Arun Finance and Saving published 9-12th AGM notice, Date:2066/5/19, Place:Dharan Kitchen Hall, Time:4:30pm, Agenda:Annual Report.
  • Crystal Finance is distributing share certificate from 2066//5/19.
  • Bhirkuti Bikas Bank is selling 34877 shares on the auction at the minimum price of Rs 100.
  • Nabil has published notice to the public informing the change of venture. AGM Place:Pragya Pratisthan, Kamaladi.

Wednesday, September 2, 2009

Stock Market News{2066/5/18}

  • Nilgiri Bikas Bank has earned RS 59 lakh 28 thousand profit in the fiscal year 2065/66. Bank has announce to issue 1lakh 5o thousand kitta share at Rs100 par value to the general public. For the purpose of issuing share bank has appoint elite capital market as the issue manager.
  • Goodwill finance has published book close date on 2066/5/30 for the purpose of issuing 17 lakh 32 thousand 5 hundred kitta right share at the ratio of 1:1.5 . Finance is issuing right share from asoj 8.
  • International Leasing and Finance Company has decided to distribute 26.32% cash dividend from the profit of fiscal year 2065/66 after the approval from NRB.
  • ICFC Bittiya Sanstha has decided to distribute 10% cash dividend from the profit of fiscal year 2065/66.

Tuesday, September 1, 2009

Stock Market News(2066/5/17)

  • Nepal Investment Bank has published 23rd AGM notice; Date:2066/6/7, Book Close:2066/5/24, Time:10am, Place:Amritbhog, Kalikasthan, Dillibazar, Ktm, Agenda:Annual Report,20% cash dividend, Ammendment of memorandum of article.
  • Business Develoopment Bank has published book close date on 2066/5/29 for the purpose of issuing 1:2.1 right share.
  • Prudential Finance has published book close date on 2066/5/24 for the purpose of issuing 1:2 right share.
  • Sunrise Bank is distributing ordinary share certificate from 2066/5/17.
  • Nepse has been decreased by 6.4 points according to the previous day.
  • Nepal Rastrya Bank is issuing 85 and 100 crore treasury bill on 2066/5/23. The bid quotations are to be submit on 2066/5/22.
  • NCM Mutual Fund has published book close date on 2066/5/24 for the purpose of distributing dividend .

Monday, August 31, 2009

Stock Market News(2066/5/16)

  • Nabil Bank published 25th AGM notice; Date:2066/6/6, Book Close:2066/5/23, Time:1pm. Place:Rastriya Naachghar , Jamal, Agenda:50% bonus share, cash dividend, Amendment of memorandum of article.
  • Securities Board of Nepal has directed Business Development Bank to issue 1:2.1 right share. Bank has appointed Ace Development Bank for the issue manager.
  • Bank of Asia Nepal has announced to distribute 5 % cash dividend from the profit of fiscal year 2065/66.
  • LIC Nepal has announced to distribute 20% cash dividend from the profit of fiscal year 2065/66.
  • Goodwill Finance has published book close date on 2066/5/30 for 1:1.5 right share issue .

Sunday, August 30, 2009

Stock Market News(2066/5/15)

  • Public Housing and Real Estate published 1st AGM notice . Date:2066/6/6, Time:3pm, Place:Company Head office, New Baneshwor, Agenda: Annual Report, Amendment of memorandum of article.
  • Birjung Finance published announcement letter for right share issue. Issue Opening Date:2066/6/2, No of issue share:33,47,017, Issue Closing Date:2066/7/5, Issue Manager:NMB Bank.
  • Birjung Finance published book close date for 1:3.9238964904 right share issue on 2066/5/22.
  • Subhalaxmi Finance published 2nd AGM notice; Date:2066/6/5, Place:Hotel Dela, Annapurna, Durbarmarg, Time:4:30pm, Agenda:Annual Report, Memorandum of article.
  • Nepal Rastra Bank has published list of bank and Financial Institution.
  • No of Commercial Bank:26
  • No of Finance:77
  • No of Development Bank:63
  • No of Micro Finance Development Bank:15
  • Malika Vikas Bank has increased its net profit by 206.06% corresponding to the previous year quarter ending.

News on The Himalayan Times

Technical Analysis of Share
KATHMANDU:
Though the domestic share market does not follow the internationally accepted practice- neither fundamental nor technical - and directed by hearsay and noise creators, Rabindra Bhattarai, a share analyst and lecturer at Shanker Dev Campus, has brought a book on Technical Analysis of Shares in the market; Share Ko Prabidhik Bishleshan ( Technical Analysis of Shares).
The book tries to explain some of the technical system of analysis like Double Top Formation, Double Bottom formation, Head and Shoulder Formation, Rounding Top, Rounding Bottom, Triangle, Rectangle, Support and Resistance, A-D Ratio and Volume Analysis.
The investors could take more benefit, if they read the book, though it could not be guaranteed in the domestic market . Bhattarai rightly quotes in the book- buyers buy in the expectation that the price will go higher and the sellers sell because they think the price will go down, its a huge psychological game that repeats daily at the floor. But the book might boost psychological confidence of the investors with logical analysis-HNS

Monday, August 24, 2009

SRCS completed 2o2nd batch of share training group.


Stock Market News(2066/5/9)

  • Public Development Bank started to distribute allotted slip and non-allotted share's amount from2066/5/9.
  • Shikhar Bittiya Sanstha has published special general meeting notice; Date:2066/5/27, Time:11am, Place:Nepal Prasasanik Pratisthan, Jawalakhel, Agenda: Annual Report, Amendment of memorandum of article.
  • Nepal CSI Development Bank has published special general meeting notice; Date:2066/5/25, Time:10am, Place: Nepal Tourism Board, Bhirkutimandap, Agenda:Annual Report, Amendment of memorandum of article.
  • Madhyamanchal Gramin Bikas Bank started to distribute general share certificate from 2066/5/7

Thursday, August 20, 2009

Stock Market News(2066/5/4)

  • Annapurna Finance published announcement letter for 1:1.6 right share issue. Issue Opening Date:2066/5/12, No of issued share:41 lakh 93 thousand 2 hundred 80, Issue Closing Date:2066/6/25, Issue Manager:Ace Development Bank.
  • Everest Finance has allotted its 1:1 right share on 2066/5/2.
  • Imperial Finance is distributing its right share ceritificate from 2066/5/4.

Wednesday, August 19, 2009

Stock Market News(2066/5/4)

Everest Finance

Public Development Bank Allotment Result


Stock Market News(2066/5/3)

  • Citizen Bank International published AGM notice; Date:2066/5/30, Book Close:2066/5/10, Time:11am, Place:Rastriya Sabha Griha, Ktm, Agenda:Annual report, 1:1 right share, 10 % cash dividend.
  • Gorkha Development Bank is distributing its right share certificate from 2066/5/3.
  • Arun Valley Hydropower is distributing its non allotted share's amount from 2066/5/3.
  • Navadurga Finance allotted its right share on 2066/5/1.
  • Prabhu Finance is distributing its right share certificate from 2066/5/4.

Sunday, August 16, 2009

Stock Market News(2066/5/1)

  • Lord Buddha Finance published announcement letter for 2:1 right share issue. Issue Opening date:2066/5/19, No of issued share: 3 lakh 75 thousand, Issue Closing date:2066/6/12, Issue Manager:Ace Development Bank.
  • Rajdhani Investment Fund published 2nd AGM notice; Date:2066/5/27, Time:2pm, Place:Hotel Radition, Lazimpat, Agenda:Annual report, Amendment of memorandum of article.
  • Central Finance is distributing its right share certificate from 2066/5/1.

Tuesday, August 11, 2009

Stock Market News(2066/4/28)

  • Standard Finance started to distribute its right share certificate from 2066/4/28.
  • National Life Insurance has allotted its 1:1 right share.
  • Arun Finance and Saving published AGM notice, Date:2066/5/19, Time:4:30pm, Place:Dharan Kitchen Hall, Dharan, Agenda:Annual Report, 1:8 right share, Amendment of memorandum of article.

Stock Market News(2066/4/28)

From Left, Narendra Shrestha (Director-Prabhu Finance), Mahesh Pokharel (Director-Siddhartha Bank) Ramesh Agrawal (Investor) and Jivan Raj Kandel (Director-Laxmi Bank) at SRCS Investors' Club.

SRCS completed 199th batch of share training group


Expert at SRCS Investor's Club

From Leff, Rabindra Bhattarai (Stock Analyst), Mahesh Pokhrel (Director- Siddhartha Bank), Ramesh Agrawal (Investor) and Jiban Raj Kandel (Director-Laxmi Bank Ltd)

Monday, August 10, 2009

Stock Market News(2066/4/27)

  • Samjhana Finance is distributing its right share ceritificate from 2066/4/28.

Sunday, August 9, 2009

Stock Market News(2066/4/26)

  • World Merchant Banking and Finance allotted its 1:1 right share on 2066/4/23.
  • Sanima Bikas Bank started to distribute 1:1 right share certificate from 2066/4/26.
  • Prime Commercial Bank started to distribute allotted sheet and non allotted share's amount from 2066/4/25.
  • Hathaway Investment Nepal published AGM notice, Date:2066/5/29, Time:4:30 pm, Place: Hotel Royal Sing hi, Durbarmarg, Agenda: Annual report, Amendment of memorandum of article.

Friday, August 7, 2009

Srcs organised one day Life Insurance training programme.


Srcs organinsed one day life insurance training at its training hall with the support of Surya life Insurance. Company's Branch Manager Madhav Sharma providing training to the participants.

Thursday, August 6, 2009

Stock Market News(2066/4/23)

  • Premier Finance started to distribute 1:1 right share certificate from 2066/4/23.
  • Malika Bikas Bank is going to distribute 20% bonus share certificate from 2066/4/25.
  • Vibor Bikas Bank started to distribute allotment sheet and non-allotted share's amount from 2066/4/23.
  • Excel Development Bank has book closed its 1:3 right share issue on 2066/4/23.

Monday, August 3, 2009

Stock Market News(2066/4/20)

  • National Hydropower published AGM notice; Date:2066/5/29, Book Close:2066/5/14, Place:Rusian Culture Center, Kamalpokhari, Time:11am, Agenda: Annual report, Amendment of memorandum of article.
  • Nepal Express Finance book closes its right share issue on 2066/4/20.

Prime Bank Allotment Sheet


Saturday, August 1, 2009

IME Financial Institution (CEO) Mr.Yogeshwor Dhakal at Srcs Investors' Club.


Stock Market News(2066/4/18)

  • Crystal Finance started to distribute non allotted share's amount from 2066/4/18.
  • Nepal Development and Employment Promotion Bank allotted its right share on 2066/4/18.
  • Nepal Share Market and Finance extended its right share issue to 2066/5/10.

Allotement Sheet of Vibor Bikas Bank


Thursday, July 30, 2009

Rabindra Bhattarai providing financial aid to Gajendra Buddhathoki,economic journalist Rajdhani Daily.


National Planning Commission Vice President Dr. Yuvaraj Khatiwada launching a book Technical Analysis on Stock Market written by book Rabindra Bhattarai. Mr. Bhattarai (Left) and Mr. Shanker Man Singh-Nepse's GM (Right).
Investor Mr.Jivan Basnet, Stock Analysist Rabindra Bhattarai, National Planning Commision Vice President Dr. Yuvaraj Khatiwada and Nepse's General Manager Mr.Shanker Man Singh at Srcs Training Hall in book launching programme.

Tuesday, July 28, 2009

Tuesday, July 21, 2009

Stock Market News(2066/4/7)

  • Diprox Bikas Bank started to distribute 25% bonus share certificate .
  • Sagarmatha Merchant Banking and Finance published announcement letter for 1:1.5 right share issue . Issue Opening Date:2066/4/30, No of issued share:7 lakh 50 thousand, Issue Closing date: 2066/6/20, Issue Manager:Citizen Investment Trust

Monday, July 20, 2009

Stock Market Training notice:


Date:2066/4/7
Time:1-3pm
Duration: 1 week

StocK Market News (2066/4/6)

  • Gorkha Development Bank allotted its 4:1 right share on 2066/4/2.
  • Sagarmatha Merchant Banking and Finance published book close notice for 1:1.5 right share.
  • Excel Development Bank extended its right share issue to 2066/4/23.
  • Lumbini General Insurance started to distribute 5.26 % cash dividend from 2066/4/5.

SRCS completed 192nd batch of share training


Saturday, July 18, 2009

Stock Market News(2066/4/4)


    SRCS starts Stock Market training from;
    Date:2066/4/6
    Time:5-7pm(2 hour)
    Duration:7 days
  • Universal Finance started to distribute 1:1 right share certificate from 2066/4/4.

  • Navadurga Finance Company closes its right share issue on 2066/4/4.

  • Lumbini Finance and Leasing Company also closes its right share issue on 2066/4/4.

Tuesday, July 14, 2009

Stock Market News(2066/3/31)

  • Sanima Bikas Bank allotted its 1:1 right share on 20663/29.
  • Central Finance also allotted its 4:1 right share on 2066/3/29.
  • Annapurna Finance published book close notice for 1:1.6 right share issue on 2066/4/16.
  • Sunrise Bank started to distribute non-allotted share's amount from 2066/3/30.
  • Narayani Development Bank started to distribute right share certificate from 2066/3/29.

Saturday, July 11, 2009

Automation Impact on Nepali Bourse

The performance of Nepal’s stock exchange increased substantially after the trading floor of the exchange was automated on 23 August 2007.

A study by Securities Research Center and Services (SRCS) P. Ltd. has concluded that the overall liquidity, number of shares traded as well as the number of transactions have significantly increased after the automation. The study covered 16 months (328 days) before the automation and 16 months (355 days) after the automation, according to SRCS President Rabindra Bhattarai, who conducted the study.

The average daily traded amount after automation has increased more than three times to Rs. 100 million from Rs. 30 million after the automation. Similarly, the daily average number of shares traded has increased from 81 thousands to 130 thousand and average number of daily transactions from 461 to 840.

The daily average change in the Nepse index has however come down after the automation. Such change before automation was 0.2275 percent daily in average which came down to 0.0041 percent after the automation. The report blames the reason for this decline on two factors: the Maoist-led government’s policy and high fluctuation in the share prices of Nepal Telecom. According to Bhattarai, the stock market had decreased by nearly 50 percent after the formation of the Maoist-led government. (New Business Age,June 2009)

Monday, July 6, 2009

Stock Market News(2066/3/23)

  • Civil Merchant Bittiya Sanstha allotted its right share on 2066/3/21.
  • Standard Finance closes its right share issue on 2066/3/23.
  • Ace Development Bank started to distribute right share certificate from 2066/3/24.
  • Life Insurance Corporation started to distribute 15 % cash dividend from 2066/1/13.
  • Fewa Finance published announcement letter for 1:2 right share issue. Issue Opening Date: 2066/4/9, No of issued share:18 lakh 20 thousand, Issue Closing Date:2066/5/11, Issue Manager:Elite Capital Ltd.

Saturday, July 4, 2009

Investor MR.Bijay Nath Gautam at SRCS Investors' Club.



  • Gorkha Development Bank closes its right share issue on 2066/3/21.
  • Nepal Development and Employment Promotion Bank also closes its right share issue on 2066/3/21.
  • Madhyamanchal Gramin Bikas Bank started to distribute alloted slip and non allotted shares amount from 2066/3/21 .

Thursday, July 2, 2009

SRCS completed 188th batch of share training group



  • Narayani Development Bank closes its right share issue on 2066/3/17.
  • Public Development Bank closes its share issue on 2066/3/17.