Nepse Wrap up (Review period 25th Aug to 29th Aug, 2013)

The capitalization of prior week’s profit by the investors put a dent in the progress of Nepse as the index that had gained more than 5 points, came to conclude with only 3.05 points gain by the end of the week.

From the start of the week, there were high presence of both buyers and sellers of the scrips. Seeing the surge of last week, the passive investors pounced in the market with hefty buying while the short term investors made the optimum utilization of previous week’s surge by liquidating their position.

Prevailing of such scenario, kept the market zigzagging between red and green for most of the trading day. However, the rally of 5.50 points on Tuesday helped the local bourse to stay floating in the bullish path.

The market index came to close at 551.37 levels after making six months high of 552.17 levels on Tuesday.

Among the 132 traded scrips, Nepal Bangladesh Bank Ltd. (NBB), closed at Rs 365, remained proactive throughout the week. The demand for the scrip sparked following the news of NBB in process to receive the owed amount from the Bangladesh based IFIC bank. NBB had given one month time to an IFIC bank to pay for the promoter share of NB Group which expired on 21st August.

By the end of the week, NBB had received Rs 77 crore from IFIC as first installment and remaining Rs 65 crore is due to be dispatched within next one month time.

Seeing such development in the NBB, the investors were swarming for the company’s share, attributing to a price hike of Rs 64 or 21.26% and a mammoth turnover of Rs 174,047,027 which was carried out by 1,140 transactions totaling 489,899 shares traded units.

The  broker with the highest transaction of NBB was Broker no 10 (Pragyan Securities Pvt. Limited) was the most active Broker with 6.33% standalone dealing of NBB, tallying 62,280 units worth Rs 22,048,356 via 139 transactions which  includes one matching transaction totaling 200 units worth Rs 72,000.

Apart from NBB, Alliance Insurance Company Limited (AIC), closed at Rs 258, also had a good run as it was the best performer with a gain of Rs 80 or 44.94% while Life Insurance Co. Nepal (LICN), closed at Rs 1306, was the worst performer with a loss of 363 or 21.74%, the reason behind downfall is due to its book closure adjustment for its upcoming 4:1 ratio Right Share issue to its shareholders.

As for the sub-indices, Hydro was the big performer this week with a surge of 91.57 points followed by Others with 5.87 points, Development with 1.67 points and Finance with 0.72 growths respectively.

Whereas, prior week’s top gainer, Insurance sector dropped by 6.54 points alongside 4.05 point loss of Hotels and 1.03 point decline of Banking.

Among other indices, Sensitive index, which measures the movement of blue chip companies, inclined by 0.42 points to settle at 136.84 levels. Likewise, Float index, which measures the movement of ordinary shares only, also increased by 0.21 points to settle at 38.71 levels.

The market participation this week was also impressive. The total turnover stood at Rs 872.19 million, with 3.08% increment in the daily average, tallying Rs 218.04 million compared to Rs 211.52 million average of the prior week.

Likewise, the amount of share traded rose to 2,621,917 units which were carried out by 8,235 transactions; the market capitalization came to close at Rs 549,835.83 million by the end of the week.
 

MARKET SUMMARY			TOP FIVE BY TURNOVER
Total Turnover Rs: 872,197,306 Total Traded Shares 2,621,917 Total Transactions 8,235 Total Scrips Traded 132 Total Market Capitalization Rs: 549,835.83 Millions Floated Market Capitalization Rs: 97,389.31 Millions				Symbol Turnover (In Rs) ClosingPrice (In Rs) NBB 174,047,027 365.00 CHCL 82,324,288 1554.00 NCCB 75,940,338 275.00 EBL 70,216,585 1840.00 KBL 40,697,174 326.00
TOP FIVE BY SHARES TRADED		TOP FIVE BY TRANSACTION
Symbol Shares traded (In units) ClosingPrice (In Rs) NBB 489,899 365.00 NBF1 316,691 10.00 NCCB 277,615 275.00 KBL 124,622 326.00 SBL 95,587 400.00		Symbol Transactions (In times) ClosingPrice (In Rs) NBB 1140 365.00 NCCB 593 275.00 CHCL 315 1554.00 KBL 275 326.00 ADBL 252 270.00
SECTOR WISE TURNOVER	TOP FIVE GAINERS				TOP FIVE LOSERS
Sectors Percentage Banking 68.34% Development 4.36% Insurance 13.03% Mutual Fund 0.43% Hotels 0.22% Others 1.29% Hydro 10.80% Finance 1.51% Manufacturing 0.01% Total 100.00%	Symbol Last Price (In Rs) % Change AIC 258.00 44.94 HGI 303.00 44.29 KRBL 82.00 30.16 NBB 365.00 21.26 NCM 117.00 20.62				Symbol Last Price (In Rs) % Change LICN 1306.00 -21.75 TNBL 110.00 -13.39 IDBL 65.00 -10.96 SETIPO 91.00 -9.00 ACEDBL 128.00 -7.25
SUB-INDICES
NEPSE Sub-Indices Current Points Change Impacting Scrips Banking 534.95 -1.03 NABIL, ADBL, GBIME, NABILP, HBL, NMB Hotels 667.81 -4.05 SHL Dev. Bank 281.82 1.67 SBBLJ, DDBL, SWBBL, CBBL, KRBL, MBBL, NGBL, GSDBL, WDBL, KBBL, NLBBL, PURBL HydroPower 1303.35 91.57 CHCL, BPCL, AHPC Finance 263.58 0.72 NCM, OFL, CIT Insurance 1214.69 -6.54 LICN, NLICL, NLIC, LGIL, SIL Others 672.03 5.87 NTC
TOP FIVE BROKERS
Broker No Broker Name Buy Amt (In Rs) Sell Amt (In Rs) Total Amt (In Rs) Matching Amt (In Rs) 6 Agrawal Securities Pvt. Limited 76,195,265 52,634,618 128,829,883 28,109,424 35 Kohinoor Investment and Securities Pvt.Ltd 46,500,309 43,538,088 90,038,397 20,300,081 17 ABC Securities Pvt. Limited 45,523,678 34,585,321 80,108,999 5,160,061 56 Sri Hari Securities Pvt. Ltd. 21,648,906 57,162,718 78,811,624 7,915,815 32 Premier Securities Company Limited 39,775,345 24,920,502 64,695,847 5,975,130  src sharesansar