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.

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)

SRCS completed 190th batch of share training group

SRCS completed 189th batch of share training group

Allotement Sheet of Sunrise Bank Ltd.

List agro-based companies in Nepse

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.

Capital market's agenda in the coming budget

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 .

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.

SRCS completed 187th batch of share training group

SRCS organised training programme in Butwal on 26 and 27June.

• Univeral Finance allotted its right share on 2066/3/12.
  

SRCS's Youngest Trainee Tribhuwan (left) and Prajit (Right) with Rabindra Bhattarai.

Standard Chartered Bank's Public Director Mr. Arjun Bandhu Regmi at SRCS Investors' Club

SRCS completed 186th batch of share training group

• Ace Development Bank closes its right share issue on 2066/3/9.
• NMB Bank also closes its right share issue on 2066/3/9.

Today Stock Analysist Rabindra Bhattarai is giving interview in Nepal Television on Business News. So don't forget to watch it !

Stock Market News(2066/3/9)

• NMB Bank extended right share issue date to 2066/3/9.


• DCBL Bank closes its right share issue on 2066/3/8.


• Fewa Finance published book close notice for right share issue on 2066/3/29.


• Cristal Finance closes its share issue on 2066/3/7.


• Public Development Bank published announcement letter for share issue. Issue Opening Date:2066/3/4, No of share issue:6 lakh, Issue Closing Date:2066/3/17(Early), Issue Closing Date:2066/3/28(Lately), Issue Manager:NIDC Capital Market.

SRCS completed 184th batch of share training group

Himalayan General Insurance is going to distribute 5.26% cash dividend from 2066/3/7.

Ragupati Jute Mill published 11th AGM notice; Date:2066/3/26, Place:Sagarmatha Party Palace,Paanchali,Biratnagar, Time:11:30am, Agenda:Annual report.