A summary of the stock market growth in FY 2070/71

Tue, Jul 22, 2014 12:00 AM on Others,

ShareSansar, July 22:

The benchmark index of Nepal Stock Exchange Limited, the only stock market of the country, doubled in the last fiscal year 2070/71, owing to a number of encouraging developments such as the victory of pro-market parties in the last Constituent Assembly elections, timely budgets as well as surplus liquidity in the capital market.  Table 1 below tracks the benchmark index as well as other important sub indices over the past five years.

Table 1: MARKET MOVEMENT OF PAST FIVE FISCAL YEARS


Particulars

FY 2066/67

FY 2067/68

FY 2068/69

FY 2069/70

FY 2070/71

NEPSE

477.43

362.85

389.74

518.27

1036.11

Sensitive

116.14

89.44

98.77

129.19

222.45

Float

44.30

30.67

30.56

35.8

73.11

Banking

456.93

328.70

358.57

505.48

945

Manu.& Pro.

427.89

591.52

666.76

868.72

1138.28

Hotels

400.26

412.59

489.04

657.49

1889.82

Others

540.48

492.31

590.98

700.32

770.69

HydroPower

881.00

673.44

683.56

1080.92

3052.49

Trading

282.08

241.97

191.97

177.05

185.50

Insurance

548.52

407.14

497.86

936.75

4383.36

Finance

397.38

303.78

267.01

253.67

504.88

Dev. Bank

478.53

294.15

245.52

257.85

683.42

The table below shows how the turnover and transactions increased meteorically in the stock market over the year.


Table 2:  MARKET SUMMARY OF PAST FIVE FISCAL YEARS


Particulars

FY 2066/67

FY 2067/68

FY 2068/69

FY 2069/70

FY 2070/71

Total Turnover  (Rs in millions )

11,787.38

 

6,665.33

 

10,279.29

 

20,478.35

78,273.16

Total Traded Shares (in ‘000’)

26,122.82

 

26,240.39

 

41885.40

 

73,570.96

215,450

Total Transactions

213,733

 

302,364

 

293,489

 

291,163

573,022

Total Scrips Traded

198

222

230

222

270

Market days

225

231

232

232

232

Total Market Capitalization (Rs in millions )

376,871.37

 

323,484.34

 

368,262.13

 

505,630.94

1,067,147.59 

Float market capitalization

(Rs in millions )

95,873.46

 

71,499.35

 

71,241.88

 

88,968.48

        334,286.81

It is always worthwhile to keep tab of the top scrips in terms of turnover, share traded, transaction – see Tables 3 to 5.

Table 3: TOP FIVE TURNOVER


Company Name

Turnover (Rs in ‘000’)

Closing Price (Rs)

Chilime Hydro power Co.

5,495,507

2736

Nepal Bank Limited

3,281,212

459

Nepal Bangladesh Bank Ltd.

3,167,798

700

National LifeInsu. Co.Ltd.

2,626,180

2600

Nepal Life Insurance Co. Ltd.

2,470,761

4351

Table 4: TOP FIVE SHARES TRADED


Company Name

Share Qty

In ‘000’

Closing Price (Rs)

Nabil Balance Fund-1

23,555

16

Siddhartha Investment Growth Scheme-1

14,573

16

Nepal Bank Limited

10,219

459

National Hydro Power Co.

9,822

219

Nepal Bangladesh Bank Promoter Share

6,375

220

Table 5: TOP FIVE TRANSACTIONS


Company Name

Transaction

Closing Price (Rs)

Mega Bank Nepal Ltd.

31,020

449

Chilime Hydro power Co.

20,181

2736

Sanima Mai Hydropower Ltd.

18,371

795

Agricultural Development Bank Ltd

17,391

756

Nepal Bangladesh Bank Ltd.

14,382

700

Who wants to miss out on the top stocks of the year! As listed in Table 6, it’s interesting to note that the commercial bank is not in the list.

Table 6: TOP FIVE GAINERS


Company Name

Closing Price (Rs)

% Change

Difference

(In Rs)

Naya Nepal Laghubitta Bikas Bank Limited

915

815

815

Sanima Mai Hydropower Ltd.

795

695

695

Premier Insurance co. Ltd.

892

619.35

768

Neco Insurance Co.

770

581.42

657

Nagbeli Microfinance Development Bank Ltd.

649

549

549

Take into account the top losers of the last fiscal year. It includes mostly finance companies besides a development bank and manufacturing company.

Table 7: TOP FIVE LOSERS


Company Name

Closing Price (Rs)

% Change

Difference

(In Rs)

Himalayan Finance Limited (Bittiya Sanstha)

18

-41.94

-33

Nepal Lube Oil Ltd.

209

-13.64

-15

Progressive Finance Limited

110

-12.00

-35

CIVIC DEVELOPMENT LTD.

265

-11.67

-19

Peoples Finance Limited.

174

-9.84

-33

In terms of Rs gain, Unilever Nepal Limited topped the list last fiscal year, too. Note, in Table 8, how those who invested in leading insurance scrips laughed their way to the bank over the year.

Table 8: TOP FIVE GAINERS IN TERMS OF Rs:


Company Name

Closing Price (Rs)

Difference

% Change

Uniliver Nepal Ltd.

14,301

4501

45.93

Rastriya Beema Sansthan

5,865

3804

184.57

Nepal Life Insurance Co. Ltd.

4,351

2926

205.33

Life Insurance Co. Nepal

4,095

2775

210.23

Citizen Investment Trust

3,390

2260

200.00

The table below shows that class “B’ and ‘C’ BFIs were among the top losers in terms of Rs.

Table 9: TOP FIVE LOSERS IN TERMS OF Rs:

Company Name

Closing Price (Rs)

Difference

% Change

CIVIC DEVELOPMENT LTD.

265

-35

-11.67

Nepal Lube Oil Ltd.

209

-33

-13.64

Peoples Finance Limited.

174

-19

-9.84

Progressive Finance Limited

110

-15

-12.00

Himalayan Finance Limited (Bittiya Sanstha)

18

-13

-41.94

 

You may as well wanting to know who were the happiest brokers in the last fiscal year. Check it out:


Table 10: TOP FIVE BROKERS:

Rs in ‘000’

Broker No

Broker Name

Buy Amt

(In Rs)

Sell Amt

(In Rs)

Total Amt

(In Rs)

Matching Amt

(In Rs)

49

Online Securities Pvt.Ltd

3,501,860

3,271,129

6,772,989

1,691,342

56

Sri Hari Securities Pvt. Ltd.

3,096,321

2,880,852

5,977,173

757,636

28

Shree Krishna Securities Limited

2,570,116

2,794,130

5,364,246

1,298,586

17

ABC Securities Pvt. Limited

2,615,259

2,668,281

5,283,540

467,836

45

Imperial Securities Co .Pvt.Limited

2,585,189

2,577,783

5,162,972

602,822

A lot of BFIs and MFIs and just two hydropower companies entered the stock market in the last fiscal year.

Table 11: NEW LISTED COMPANIES IN NEPSE


S. no

Name

Listed shares (In units)

1

Century Commercial Bank Limited

20,000,000

2

Mega Bank Nepal Limited

23,300,000

3

Cosmos Development Bank Limited

437,500

4

Gaumukhi Bikas Bank Limited

400,000

5

Hamro Bikas Bank Limited

601,000

6

Jhimruk Bikas Bank Limited

400,000

7

Kalika Micro Credit Development Bank Limited

500,000

8

Manaslu Bikas Bank Limited

1,200,000

9

Matribhumi Bikas Bank Limited

440,000

10

Mission Development Bank Limited

1,000,000

11

Mithila Laghubitta Bikas Bank Limited

235,750

12

Nagbeli Laghubitta Bikas Bank Limited

143,000

13

Nepal Community Development Bank Limited

1,000,000

14

Rural Microfinance Devt Center Limited

5,200,000

15

Sana Kisan Bikas Bank Limited

2,000,000

16

Sindhu Bikas Bank Limited

1,000,000

17

Jebils Finance Limited

2,000,000

18

Namaste Bitiya Sanstha Limited

250,000

19

Riddi Hydropower Company Limited

3,000,000

20

Sanima Mai Hydropower Company Limited

10,550,000