Just how popular are commercial bank stocks among Investors? Check out last month’s performance exclusively from SS Pro

Sun, Sep 23, 2018 10:43 AM on Stock Market, Exclusive,

~Rishab Agrawal

In the past month, commercial banks had dominated the turnover and most of the shares traded were those of banks. This is because people feel that the shares of commercial banks are the most reliable and profitable ones, hence the popularity among individual shareholders. To check the performance of banks in the past month on NEPSE, we have used the Stock Screener tool from SS Pro to accumulate the required data and compared listed commercial banks on the basis of change in the price of stock in the past month, high/low of the stock and volatility between them, turnover and volume. The table thus prepared is as follows:

S. No.

Symbol

Initial Price (Rs.) @ 2018/08/21

Closing Price (Rs.) @ 2018/09/20

Price Change (Rs.)

Price Change (%)

High (Rs.)

Low (Rs.)

Volatility (Rs.)

Average Price (Rs.)

Turnover (Rs.)

Volume

No. of Transactions

1

NMB

325

361

36

11.08

372

303

69

337.84

654,116,413

1,936,194

4,933

2

NICA

317

423

106

33.44

425

311

114

385.14

489,407,640

1,270,720

3,484

3

KBL

203

243

40

19.70

246

200

46

228.60

317,550,382

1,389,133

3,179

4

NBL

288

311

23

7.99

319

282

37

299.27

263,801,662

881,475

1,700

5

PRVU

183

217

34

18.58

227

177

50

203.97

241,379,325

1,183,398

2,855

6

JBNL

154

186

32

20.78

195

150

45

173.10

222,263,576

1,284,036

2,577

7

PCBL

292

328

36

12.33

342

284

58

319.77

214,506,339

670,817

2,243

8

GBIME

300

316

16

5.33

331

290

41

309.08

211,138,608

683,127

1,723

9

MEGA

164

193

29

17.68

200

160

40

177.35

192,575,748

1,085,839

3,449

10

NCCB

178

209

31

17.42

217

175

42

199.45

189,958,433

952,413

2,094

11

SBL

313

329

16

5.11

345

302

43

325.58

165,514,247

508,374

1,740

12

NIB

629

650

21

3.34

660

625

35

642.66

155,961,926

242,680

2,089

13

CBL

149

170

21

14.09

173

146

27

158.57

151,793,301

957,238

2,103

14

SANIMA

314

339

25

7.96

354

310

44

332.91

133,892,357

402,183

1,414

15

NABIL

948

962

14

1.48

984

935

49

961.20

131,417,693

136,722

1,266

16

BOKL

273

319

46

16.85

343

270

73

303.40

116,837,944

385,092

1,387

17

NBB

200

213

13

6.50

224

196

28

210.35

110,959,093

527,496

1,591

18

MBL

206

225

19

9.22

237

201

36

220.71

105,577,362

478,343

1,269

19

EBL

665

651

(14)

(2.11)

676

642

34

658.97

105,490,403

160,083

1,230

20

ADBL

335

359

24

7.16

377

330

47

351.89

104,161,847

296,008

1,501

21

CCBL

167

186

19

11.38

197

165

32

181.57

102,535,470

564,718

1,924

22

SCB

730

712

(18)

(2.47)

733

700

33

715.80

100,758,280

140,763

1,769

23

SRBL

217

244

27

12.44

253

214

39

233.68

91,790,291

392,807

1,222

24

CZBIL

232

252

20

8.62

264

228

36

245.94

88,209,686

358,669

2,000

25

LBL

237

257

20

8.44

279

224

55

257.14

82,850,160

322,204

1,344

26

SBI

500

501

1

0.20

518

489

29

501.06

66,643,287

133,004

649

27

HBL

550

560

10

1.82

577

525

52

552.89

29,338,928

53,065

460

(The green colored cell represent the highest value pertaining to a particular indicator while the red colored cell represents the lowest value.)

From the table above it can be seen that except for Standard Chartered Bank (SCB) and Everest Bank (EBL), all the other banks have gained some percent ranging between 0.20% and 33.44%. The two banks lost 2.47% and 2.11% respectively last month. Although NIC Asia Bank (NICA) gained the most past month, high volatility can be seen in the prices. The least volatile was Civil Bank (CBL).

NMB Bank (NMB) was the most popular among the investors as it registered a turnover of Rs.65.41 Crore in one month through trade of 1.94 Million units of shares. The share prices of NMB increased by 11.08% in the stipulated time. The banking sector posted a turnover of Rs.4.84 Arba trading 17.4 Million units of shares in the given time period.

About SS Pro

All data above have been taken from SS Pro. SS Pro is a powerful software to help Nepali stock market investors make informed investment decisions. The major features of SS Pro are:

  • Has Nepal’s 1st Market Confidence Meter
  • Free built-in Portfolio Tracker
  • Nepal’s 1st Investment Worth Calculator
  • Powerful Broker Analytics & Buy/Sell/Holdings info
  • Live Charts with Powerful Charting Software, and many more.

SS Pro is a web-based software that can be accessed from any desktop, laptop or smartphone. There is no need to install any extra software package.

For more information, please visit https://www.sharesansar.com/sspro