Weekly Stock Trading Report
Transaction volume perks up, NEPSE dips

BY A STAFF REPORTER

Kathmandu, Sept. 2: Irrespective of any growth in the country's economy, the overall volume of the transactions in the stock market has been continuously enlarging.

The stock market according to the NEPSE weekly bulletin is still under the dominance of the commercial banks. However, financial analysts term the present trend of the stock market as 'unnatural phenomenon' and say it is because of the excess liquidity in the money market.

It is said that people have started pouring their money into the stock market due to shrinking size of interest rates on the deposits at commercial banks. Experts are of the view that public response towards stock market will continue to pick up for some time.

According to the NEPSE, a total of 92356 shares amounting to Rs 776,22,583/- were traded through 1286 transactions this week (Aug. 26-Sept. 1), whereas 90561 shares amounting to Rs 6,31,48,323/- were traded through 879 transactions in the previous week (Aug. 21-25). The total transaction has increased by Rs 14,474,260/-

Out of 1286 transactions, 4000 units of shares (equivalent to Rs 52000/-) belonging to NCM Mutual Fund were traded. Similarly 190 shares of Taragaun Regency Hotel were traded at Rs 17,200/-

In terms of transaction NIC Bank is still ahead of other companies registered for transaction in the NEPSE trading floor. A total of 24760 shares belonging to NIC Bank were traded through 365 transactions. However in terms of amount being traded, Bank of Kathmandu (BoK) is ahead of others in the NEPSE.

BoK has had the transaction of Rs 241,58300/- which is presumed to be the highest this weekend.

Out of 51 companies registered, transaction of 42 of them could take place on the NEPSE's trading floor this week.

The weekly NEPSE index in comparison to the opening hour of the weekend has witnessed a slight decline .

The NEPSE index in the opening hour was 421.11 that declined to 419.86 at the end. It is to be noted that the NEPSE index had jumped from 389.03 to 416.94 in the previous week.

On the basis of transaction, commercial banks are ahead of other organizations in the sector like- manufacturing & processing, hotel, insurance, finance and trading.

The index of commercial banks in the NEPSE has dropped to 495.78 from 499.26 Manufacturing sector in the index has increased to 336.97 from 336.01

Hotel sector this week has increased to 344.11from 342.95. The trading sector has declined to 123.87 from 123.94. The insurance and finance sector also increased to 310.81 from 305.32. The other sector has declined to 317.29 from 323.00

In group-wise transaction, a total of 69112 shares amounting to Rs 721,98,258/- belonging to commercial banks were traded this week, whereas amounting 55941 shares amounting to Rs 607,53,528/- traded in the previous week.

The share of commercial banks in the total transaction has dropped to 93.09 per cent this week from 96.5 per cent in the previous week.

A total of 3944 shares belonging to the manufacturing and Processing sector were traded in Rs 1203255/- this week, whereas 20960 shares amounting to Rs 300,685 /- were traded in the previous week. This sector occupies only 1.55 % in the total transaction.

Similarly a total of 36 shares of Insurance sector were traded this weekend. The amount was Rs.275,440/ -

The percentage of finance sector in the total transaction is 3.2. Similarly the transaction of trading sector is 0.31 per cent.

Among the companies having all five days of transaction in the weekend were Nepal Bank Ltd. (Rs 281-340) Nepal Arab Bank Ltd. (Rs 1626-1650), Nepal SBI Bank (1550-1510), Nepal Bangladesh Bank (Rs 2101-2040) Everest Bank (Rs1370-1410), Bank of Kathmandu (Rs1433-1431), NIC Bank (Rs586-580), Taragaun Regency Hotel (Rs160), United Insurance (Rs 255-256), NIDC Capital Markets (Rs 505-550).

Companies having only one transactions throughout the weekend were Rastriya Bima Santhan (10/15240), Premier Insurance (10/2450) Narayani Finance Co. (27/10395), Yeti Finance Co. (100/18500), Nepal Welfare Co. (410/34440), Yeti Finance co. (100/18500), Mahalaxmi Finance (60/9000) and Pokhara Finance (40/10000).

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