The ups and downs in the index is always expected and considered normal in any exchange. NEPSE too had seen its share of fluctuations, but from Feb 18, 2018 the downs started dominating and the market turned bearish. From that day till March 22 the index has fallen from 1424.95 to 1220.44, which accounts to 204.51 points.
As in the given chart, you can see a downward crawl of the index with very few improvements. During this period, the index suffered the highest fall of 77.07 points during the week of Feb 28 to March 5. To look at a more recent incidence the index further tanked 67.92 points in just a period of 5 days, between March 18 to 22.
In such period of distress, the brokers are performing fairly well. The below article analyses the performance of the brokers based on various criteria for the period of Feb 18, 2018 to March 22, 2018.
Net Buying Amount:
Like the name suggests, this category differentiates the brokers based on the net amount derived after deducting total selling value from buying value. As seen in the table, the top position is occupied by Dynamic Money Managers, who have bought Rs. 9.14 crore worth of shares more than they have sold. On the other end stands Thrive Brokerage House occupying the top 10
th position with a Net buying amount of Rs. 4.44 crore.
Unlike the net selling amount, there isn’t much variation in the net buying amount, which depicts a similar buying behavior among the top buyers.
| Top 10 Broker by Net Buying Amount* |
Amount (Rs in Cr) |
| 44 |
Dynamic Money Managers Securities Pvt. Ltd |
9.14 |
| 35 |
Kohinoor Investment and Securities Pvt. Ltd |
8.28 |
| 22 |
Siprabi Securities Pvt. Limited |
8.12 |
| 41 |
Linch Stock Market Limited |
7.64 |
| 16 |
Primo Securities Pvt. Limited |
6.21 |
| 42 |
Sani Securities Company Limited |
6.04 |
| 8 |
Ashutosh Brokerage & Securities Pvt. Limited |
5.21 |
| 11 |
Malla & Malla Stock Broking Company Pvt. Limited |
4.68 |
| 7 |
J.F. Securities Company Pvt. Limited |
4.62 |
| 13 |
Thrive Brokerage House Pvt. Limited |
4.44 |
| * Net Buying=Difference between Buying and Selling Amount |
Buying amount:
Our next category identifies the top 10 brokers by buying amount without considering the selling value. As seen in the table below, the top position is held by Online Securities with Buying amount of Rs. 40.90 crore. However as we can see, Online securities isn’t among the top 10 brokers based on Net buying amount, which implies that they have an approximately higher selling amount too which decreases their net value.
| Top 10 Broker by Buying Amount |
Amount (Rs in Cr) |
| 49 |
Online Securities Pvt. Ltd |
40.90 |
| 17 |
ABC Securities Pvt. Limited |
36.15 |
| 28 |
Shree Krishna Securities Limited |
34.87 |
| 34 |
Vision Securities Pvt. Limited |
33.11 |
| 58 |
Naasa Securities Co. Ltd. |
33.09 |
| 7 |
J.F. Securities Company Pvt. Limited |
29.87 |
| 45 |
Imperial Securities Co .Pvt. Limited |
26.63 |
| 42 |
Sani Securities Company Limited |
24.62 |
| 16 |
Primo Securities Pvt. Limited |
24.59 |
| 38 |
Dipshika Dhitopatra Karobar Co. Pvt. Limited |
24.05 |
Net selling amount:
The net selling amount of any broker indicates the difference of the selling amount and the buying amount in a given period. The given data indicates that the top position is held by Opal Securities, who has sold Rs. 18.42 crore worth of shares more than it has bought. The consecutive rows lists the top 10 brokers with highest value of Net selling amount.
However as we can see, the difference between the top 1 and top 10 i.e. between Opal Securities and Creative Securities is a massive Rs. 14.92 crore. Plus there are 41 other brokers below Rs. 3.15 crore amount, which nonetheless points to higher dispersion.
| Top 10 Broker by Net Selling Amount* |
Amount (Rs in Cr) |
| 4 |
Opal Securities Investment Pvt. Limited |
18.42 |
| 28 |
Shree Krishna Securities Limited |
18.12 |
| 49 |
Online Securities Pvt. Ltd |
17.13 |
| 58 |
Naasa Securities Co. Ltd. |
12.27 |
| 25 |
Sweta Securities Pvt. Limited |
10.33 |
| 50 |
Crystal Kanchenjunga Securities Pvt. Ltd |
9.64 |
| 45 |
Imperial Securities Co .Pvt. Limited |
8.10 |
| 56 |
Shree Hari Securities Pvt. Ltd |
5.98 |
| 32 |
Premier Securities Company Limited |
5.38 |
| 40 |
Creative Securities Pvt. Limited |
3.15 |
| * Net Selling= Difference between Selling Amount and Buying Amount |
Selling amount:
The category of selling amount identifies the top 10 brokers based on the total value of selling amount irrespective of their buying value. As seen on the table below, Online Securities is once again on the top. As discussed earlier, it was the top broker in regards to buying amount too. This effectively leads to the fact that they have been carefully analyzing the buying and selling amount to maintain balance in the net values. Similarly the 10
th broker is J.F. Securities with a selling amount of Rs. 25.25 crore.
| Top 10 Broker by Selling Amount |
Amount (Rs in Cr) |
| 49 |
Online Securities Pvt. Ltd |
58.03 |
| 28 |
Shree Krishna Securities Limited |
52.99 |
| 58 |
Naasa Securities Co. Ltd. |
45.36 |
| 45 |
Imperial Securities Co .Pvt. Limited |
34.74 |
| 4 |
Opal Securities Investment Pvt. Limited |
34.63 |
| 17 |
ABC Securities Pvt. Limited |
34.12 |
| 25 |
Sweta Securities Pvt. Limited |
32.88 |
| 34 |
Vision Securities Pvt. Limited |
29.65 |
| 32 |
Premier Securities Company Limited |
28.89 |
| 7 |
J.F. Securities Company Pvt. Limited |
25.25 |
Turnover amount:
The turnover amount represents the total of buying and selling amount indicating the total flow of funds from the particular broker. As shown in the table below, Online Securities holds the position for number 1 with a total of Rs. 98.93 crore ( 40.90 from buying and 58.03 from selling). The 10
th position is held by Opal Securities with a turnover of Rs. 50.84 crore. Opal securities was on top based on net selling amount, so we based on that the total turnover of Opal can be categorized as Rs, 34.63 from selling and rest from buying.
| Top 10 Broker by Turnover Amount |
Amount (Rs in Cr) |
| 49 |
Online Securities Pvt. Ltd |
98.93 |
| 28 |
Shree Krishna Securities Limited |
87.87 |
| 58 |
Naasa Securities Co. Ltd. |
78.46 |
| 17 |
ABC Securities Pvt. Limited |
70.28 |
| 34 |
Vision Securities Pvt. Limited |
62.77 |
| 45 |
Imperial Securities Co .Pvt. Limited |
61.37 |
| 25 |
Sweta Securities Pvt. Limited |
55.42 |
| 7 |
J.F. Securities Company Pvt. Limited |
55.12 |
| 32 |
Premier Securities Company Limited |
52.41 |
| 4 |
Opal Securities Investment Pvt. Limited |
50.84 |
Companies bought and sold by top 10 buyer and seller broker:
The table below can be categorized into two halves. The first half shows the top 10 companies bought by the top 10 buyers listed above. As clearly seen, Nepal Life Insurance leads the way by an amount of Rs. 21.21 crore. The other companies till top 10 are listed in descending order.
Similarly the other half of the table lists the top 10 companies sold by top 10 seller brokers already identified above. On this table too, the 1
st position is occupied by Nepal Life Insurance with a total amount of Rs. 30.52 crore. Looking at both the tables, we can infer that NLICs scrips has changed most hands during this period with sales exceeding the purchase.
| Top 10 Companies Bought by Top 10 Buyer Broker |
Top 10 Companies Sold by Top 10 Seller Broker |
| S .NO |
Company |
Amount in Cr. |
Company |
Amount in Cr. |
| 1 |
Nepal Life Insurance |
21.21 |
Nepal Life Insurance |
30.52 |
| 2 |
Nepal Life Insurance Promoter |
20.29 |
Nabil Bank Limited |
21.25 |
| 3 |
Prabhu Bank |
18.43 |
Nepal Life Ins. Promoter |
20.29 |
| 4 |
Nabil Bank |
10.51 |
Prabhu Bank |
15.98 |
| 5 |
Rastriya Beema Co. Promoter |
9.71 |
Everest Bank |
13.75 |
| 6 |
Rastriya Beema Co. Ltd |
7.73 |
Citizen Investment Trust |
12.77 |
| 7 |
Nepal Investment Bank |
7.34 |
Nepal Bank Limited |
11.31 |
| 8 |
Nepal Bank Limited |
7.25 |
RBCLPO |
10.69 |
| 9 |
Sanima Bank Limited |
6.72 |
Standard Chartered Bank |
10.11 |
| 10 |
Citizen Investment Trust |
6.57 |
Prime Life Insurance |
8.99 |
Turnover of the companies:
The table below categorizes the top 10 companies with highest turnover irrespective of the broker. From the data above, it is nothing of a surprise that Nepal Life Insurance Company has landed in the 1
st place. The total turnover of NLIC during the period of Feb 18 to March 22 of 2018 has amounted to Rs. 64.05 crore. Even looking at the second highest turnover of Nabil Bank Limited (Rs. 31.08 crore), the turnover of NLIC is massive. Similarly the end of the list is occupied by Rastriya Beema Co. Promoter Share at 10
th position with a turnover of Rs. 18.75 crore.
| S .NO |
Top 10 Turnover Companies |
Amount in Cr |
| 1 |
Nepal Life Insurance |
64.05 |
| 2 |
Nabil Bank Limited |
31.08 |
| 3 |
Nepal Investment Bank |
25.58 |
| 4 |
Sanima Bank Limited |
25.58 |
| 5 |
Prabhu Bank Limited |
25.52 |
| 6 |
Everest Bank Limited |
23.45 |
| 7 |
Nepal Bank |
22.86 |
| 8 |
RBCLPO |
22.64 |
| 9 |
Nepal Life Promoter |
20.29 |
| 10 |
Rastriya Beema Co. Promoter |
18.75 |
