Nepse Wrap up (Review period 2nd to 6th December, 2012)
Sharesansar, 07th December:
In the beginning of this week, Nepal Stock Exchange (Nepse) followed the previous week trend by making a dip for the continuous two trading days. Then with the news of political parties coming near on consensus to form a congress led national government, helped to boost the market in third and fourth day of the trade. Apart from it, the comeback of investors who were diverted into the primary market also helped to propel the Nepse level and its turnover . But in the last day of the trade, the investors seem to booked their profit which led to pull the market down in the beginning hour of the trade. However, the market in the later hours bounced back and closed in the inclining note. Overall, in comparison to previous week’s closing, the local bourse jumped up by 8.69 or 1.78% to close at 497.67 levels.
Among the sectoral growth, the Manufacturing sector this week prevailed as the highest gainer as it added 36.64 points. The increase in the price level of Bottlers Nepal (Terai) Ltd. and Uniliver Nepal Ltd. by Rs 40 and Rs 615 helped to make growth in the sector. Similarly, Banking sector also made a climb of 13.30 points; there were only three decliners among the 27 scrip traded under it. The scrips of SCB, NABIL, NSBI, SANIMA, EBL and Global IME were able to grow more than Rs 20 i.e. with Rs 70, Rs 38, Rs34, Rs 26, Rs 25 and Rs 24 respectively.
As for the remaining two Banking and Financial Institutions indices ; Development decline by 0.79 points whereas Finance incremented by 0.52 points. Likewise, Others was another sector that was able to ascend by 1.18 points. Under it, Nepal Doorsanchar Company Limited (NTC) was able to surge by Rs 5.
While of the remaining sub-indices, Insurance, Hydro and Hotels all came down by 7.36, 4.37 and 13.50 points respectively. The heavy decline in the Hotels was mainly because of the price adjustment of Soaltee Hotel Ltd. (SHL) by the Nepse to adjust the bonus share declared by the company. Whereas, the drop in the price level of Butwal Power Co. Ltd. (BPCL) by Rs 41 mainly dragged the Hydro sector down.
Among other sub-indices, Sensitive index added 2.55 or 2.01% to settle at 129.57 levels while Float index also increased by 0.39 or 1.12% points to settle at 35.19 levels .
In overall week transaction, Surya Life Insurance Company Limited (SLICL), closed at Rs 187, was the Top Gainer with Rs 38 or 25.50%. On the other side, Soaltee Hotel Ltd. (SHL), closed at Rs 267, was the Top Loser with Rs 56 or 17.33%.
In case of highest transaction, Bank of Kathmandu (BOK), closed at 641, had the highest transaction with 472 times. Whereas in the category of highest share traded Nepal Bangladesh Bank Ltd. (NBBL), closed at Rs 251, topped with 199,714 units.
In terms of turnover, Nepal Investment Bank Ltd. (NIB), closed at Rs 847, had the highest turnover with 82,297 units worth Rs. 67,596,088 via 405 transactions; in which Broker No 20 (Sipla Securities Pvt. Limited) was a most active broker with 16.33% stand alone dealing of NIB, tallying 13,610 units worth Rs 11,039,377 via 48 transactions which includes 7 matching transactions totaling 2,477 units worth Rs 1,989,749.
Total scrips traded for the week were 108 with 49 gainers, 12 intact and 47 Losers .Overall week’s turnover was of Rs 515,286,507 with daily average of Rs 103,057,301.40 which is higher by Rs 3,842,919.2 or 3.87% higher than previous trading week’s average. Overall 1,502,174 units of shares were traded via 6,324 transactions. The total market capitalization at the end of the review period was Rs 471,610.68 million which is higher by Rs 8,579.74 million compare to previous trading week’s closing.
