NRB Report: Stock Market on rise as investors gain confidence
Tue, Oct 6, 2015 1:17 PM on Latest, Stock Market,
The status of stock market on first month’s data of 2015/16 as published by the Nepal rastra Bank (NRB).
The NEPSE index increased by 11.9 perce
nt to 1157.6 points in mid-August 2015 on y-o-y
basis. This index had increased by 92.8 percent to 1034.4 points a year ago. The index started to surge with rise in investors' confidence which was attributed to the provision of the hike in paid-up capital of BFIs in the 2015/16 monetary policy.
The stock market capitalization on y-o-y point basis increased by 12.9 percent to Rs. 1192.47 billion in mid-August 2015. The ratio of market capitalization to the GDP of 2014/15 stood at 56.1 percent in mid-August 2015 compared to such ratio of 54.4 percent a year ago.
Of the total market capitalization in mid-August 2015, the share of banks and financial institutions (including insurance companies) stood at 80.9 percent, hydropower 5.6 percent, manufacturing and processing companies 2.8 percent, hotels 2.1 percent, trading 0.1 percent and others 8.6 percent respectively.
Total number of companies listed at the NEPSE decreased from 234 in mid-August 2014 to 231 in mid-August 2015 due to the merger of some BFIs. Of the total listed companies, the number of BFIs (including insurance companies) stood at 197 followed by manufacturing and processing industries (18), hydropower (6), hotels and trading (4 each) and other companies (2).
On y-o-y basis, total paid-up capital of the listed companies increased by 24.7 percent to Rs. 212.99 billion in mid-August 2015. In the first month of 2015/16, the total securities worth of Rs. 788 million was listed in the NEPSE, in which the value of bonus shares was Rs. 188 million and the debenture was Rs. 600 million
nt to 1157.6 points in mid-August 2015 on y-o-y
basis. This index had increased by 92.8 percent to 1034.4 points a year ago. The index started to surge with rise in investors' confidence which was attributed to the provision of the hike in paid-up capital of BFIs in the 2015/16 monetary policy.
The stock market capitalization on y-o-y point basis increased by 12.9 percent to Rs. 1192.47 billion in mid-August 2015. The ratio of market capitalization to the GDP of 2014/15 stood at 56.1 percent in mid-August 2015 compared to such ratio of 54.4 percent a year ago.
Of the total market capitalization in mid-August 2015, the share of banks and financial institutions (including insurance companies) stood at 80.9 percent, hydropower 5.6 percent, manufacturing and processing companies 2.8 percent, hotels 2.1 percent, trading 0.1 percent and others 8.6 percent respectively.
Total number of companies listed at the NEPSE decreased from 234 in mid-August 2014 to 231 in mid-August 2015 due to the merger of some BFIs. Of the total listed companies, the number of BFIs (including insurance companies) stood at 197 followed by manufacturing and processing industries (18), hydropower (6), hotels and trading (4 each) and other companies (2).
On y-o-y basis, total paid-up capital of the listed companies increased by 24.7 percent to Rs. 212.99 billion in mid-August 2015. In the first month of 2015/16, the total securities worth of Rs. 788 million was listed in the NEPSE, in which the value of bonus shares was Rs. 188 million and the debenture was Rs. 600 million
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