Machhapuchchhre Bank announced 12% bonus shares & and 0.63% cash for fy 070/71

Machhapuchchhre Bank Ltd has announced that it will offer 12 percent bonus shares to its shareholders from the net profit it has earned in the last fiscal year 2070/71.

Machhapuchhre Bank Ltd - Fundamental Analysis of FY 2070/71

माछापुछ्रे बैंकको विश्लेषण
पूँजी, जगेडा, निक्षेप तथा लगानी
चुक्ता पूँजी २ अरब ४७ करोड ८७ लाख ९५ हजार, जगेडामा रु. ७६ करोड ८५ लाख ९५ हजार, निक्षेप रु. ३७ अरब १३ करोड २० लाख ९३ हजार, कर्जा लगानी रु. २९ अरब ५४ करोड १४ लाख ९ हजार र अन्य लगानी ३ अरब ४६ करोड १२ लाख ४ हजार रहेको छ |

Commerz and Trust, Machhapuchchhre profits 5.86 cr & 14.80 cr resp.

Commerz and Trust Bank and Machhapuchchhre Banks have posted an astounding growth in profit for the FY 2069/70. While Commerz and Trust’s profit surged by a whopping 286.01%, Machhapuchchhre’s earning soared by an almost corresponding figure of 287.42%.

Shares provide better returns

Stock investors raked in 20 per cent returns last year, while prevalent interest rates could not even compensate for inflation and gold price has regressed.

Share prices have appreciated by 20.86 per cent, based on the difference of last fiscal year’s closing price and the previous years’ closing price. If an investor had bought shares towards mid-July 2012 and sold near mid-July 2013, the investor earned 10 per cent return, even considering the rate of inflation at 10 per cent. Investors are also eligible to get dividends that amounted to Rs 62.45 per unit on average last year.

Share market zoomed past 500 points this week

A surge in Nepal Telecom’s share prices and end-of-the-year scrambling by investors brought the capital market back from its stupor as the market zoomed past 500 points this week — July 7 to 11.

The benchmark index jumped by 12.86 points as share prices increased.

The price of Nepal Telecom (NT)’s shares increased by Rs 20 per unit that propelled the benchmark index up. NT comprises almost 24 per cent of total market capitalisation of Nepal Stock Exchange (Nepse).

Nepal Stock Index Nepse index up 12.9 points.

Nepal Stock Index (Nepse) increased by 12.9 points this week led by gains posted by insurance companies and commercial banks.
The benchmark index, which opened at 493.63 on Sunday, closed at 506.53 on Thursday - the last trading day of the week.

Total transaction amount increased by 17.90 percent to Rs 446.6 million. Share transactions of commercial banks accounted for 61.21 percent of total transaction amount this week. Banking stocks worth Rs 273.3 changed hands during the week.