NEPSE REBOUNCE
Sharesansar, 1st April:
After the continuous decline of three trading days, the secondary market of Nepal today finally bounced back by 2.25 points to close at 513.7 points. Though the local bourse started its trade below the yesterday’s closing level and continued to do so till the first 90 minutes of the trading session, the increase in the buying pressure of banking scrips mainly uplifted the market today.
The surge in the loss suffering banking scrips like Global IME Bank Limited (GBIME), Bank of Kathmandu (BOK), Nepal Investment Bank Ltd. (NIB), Nabil Bank Ltd. (NABIL), Laxmi Bank Limited (LBL) and Nepal Bangladesh Bank Ltd. (NBB) by Rs 20, Rs 13, Rs 12, Rs 10 , Rs 6 and Rs 3 respectively in the later hours not only boosted the Banking sector up by 4.54 points but also complemented in today’s Nepse growth. Likewise, other sectors that supported in today’s Nepse incline were Finance, Trading, Hotels, Hydro and Insurance with 0.01, 1.09, 2.25, 5.59 and 6.41 points gain respectively.
In Trading, the increase in Bishal Bazar Co. Ltd. (BBC) by Rs 13 mainly uplifted the sector. Likewise, the gain in the level of Taragaon Regency Hotel (TRH) by Rs 4 mainly ascended the Hotels sector whereas, the increment in Chilime Hydro power Co. (CHCL) by Rs 9 pushed the Hydro sector further up today. As for Insurance, the jump in the value of Nepal Life Insurance Co. Ltd. (NLIC) by Rs 50 mainly propelled the sector today.
While, the decrease in the value of Nepal Doorsanchar Company Limited (NTC) by Rs 4 dragged the Other sector further down by 4.7 points. Likewise, the plummet in the levels of Sewa Bikas Bank Limited (SEWA), Chhimek Laghubitta Bikas Bank Limited (CLBBL), Muktinath Bikas Bank Ltd. (MBBL) along with another 13 scrips dragged the Development sector down by 1.33 points.
Overall there were trades of 85 scrips among which only 39 scrips increased 14 remained intact and 32 scrips decreased. The highest gainer for the day was, Global IME Bank Limited (GBIME), closed at Rs 502, with Rs 20 or 4.15% gain. Whereas the highest loser of the day was, Sewa Bikas Bank Limited (SEWA), closed at Rs 114, with Rs 10 or 8.06% loss.
In case of the highest shares traded and turnover, Nepal Bangladesh Bank Ltd. (NBB), closed at Rs 314, topped with 47,585 units worth Rs 14,516,210 via 99 transactions.; in which Broker no 45 (Imperial Securities Co .Pvt. Limited) was the most active Broker with 41.62% stand alone dealing of NBB, tallying 20,000 units worth Rs 6,041,770 via 42 transactions in which 2 were matching transactions totaling 2,380 units worth Rs 716,430.
The total turnover today was 92,546,582 which is comparatively Rs 1,528,170 or 1.68% higher than prior trading session. Overall 276,791 units of shares were traded via 1,047 transactions with the market capitalization of Rs 498,758.42 Millions.
TOP FIVE BROKERS FOR THE DAY: http://www.sharesansar.com/listtopbrokers.php
