Oriental Hotels (OHL) Bonus Share Listed !

BONUS LISTED:

Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the listing of bonus shares of Oriental Hotel Limited (OHL).

As per the notice, 537,185.92 Bonus Shares of OHL have been listed in NEPSE. These shares can now be traded in the secondary market. OHL had distributed 5% bonus shares and 10.79% cash dividend out of the profits of FY 75/76.

Check the DETAILS HERE:

Janautthan Samudayik (JSLBB) Right Share Listed !

BOOK CLOSE:

Nepal Stock Exchange (NEPSE) has listed 2,88,000 unit right shares of Janautthan Samudayik Laghubitta Bikas Bank Ltd (JSLBB).

JSLBB had issued 1:1 right shares i.e. 2,88,000 unit right shares to its shareholders from Shrawan 15, 2076. A total of 2,88,000 unit right shares has been listed in NEPSE for trading.

Check the DETAILS HERE:

Life Insurance Co, Nepal (LICN) Bonus Share Listed !

BONUS LISTED:

Nepal Stock Exchange (NEPSE) lists 51,51,612 units of bonus shares of Life Insurance Corporation Nepal Limited (LICN).

LICN had distributed 34.46% bonus shares from the profit of FY 2074/75. A total of 51,51,612 Bonus Shares has been listed in NEPSE for trading.

Check the DETAILS HERE:

Beginner's Guide to Nepali Share Market !

STOCK GUIDE:

I still remember my teachers compelling me to memorize the formulas that were associated with stocks. None of my teachers told me or my classmates to make experiments. I think practical knowledge was not in our “syllabus”. Enough with this bitching, now I am trying to get the “practical knowledge” by investing in stock market. I am just a noob, so if you know more than I do please don’t dither to share.

Right after I bought a share for the price of (say) X, the market was going insane, the price went up X+3 and I thanked god for that. After a while the market start to fall and ended up on X-1, phew. Next day I was curious and woke up at 7 (ma 8 baje matra uthxu) and started to look for the market live at NepalStock and NepaliPaisa’s site. I am not as dumb as I look, I know the market opens at 11 am and closes at 3 pm, but the suspense was killing me. When the market started to trade, there was a huge drop and it went to X-10. Damn, I just brought 100 stocks, was trying to feel for the person who might have bought 1000 stocks or more. That’s share market you can predict high or low, but one can’t forecast by what numbers it will fluctuate.

Check here for Details »

Top Blue Chip Commercial Banks - Best Buy by Rating Wise Analysis !

BLUE CHIP BANKS

Nepal Stock Exchange (NEPSE) has been continuously tanking points for quite some time. In such bearish trend, there are some analyst asserting it to be the prime time to invest in the secondary market, while some feel their cash safe at bank. Whatever the speculation, there are still some scrips who are in better position than the other.

Out of 28 listed commercial banks, scripts of 26 banks are tradable. The shares of Rastriya Banijya Bank (RBB) isn’t traded and the shares of Mega Bank is on hold since last one year because of the ongoing merger. Similarly even among the 26, only 6 banks’ prices are above Rs. 500. To list them down in descending order of market price per share (LTP on Chaitra 8, 2074) are Nabil Bank Limited (NABIL), Standard Chartered Bank Limited (SCB), Everest Bank Limited (EBL), Nepal Investment Bank Limited (NIB), Himalayan Bank Limited (HBL) and Nepal SBI Bank Limited (SBI).

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NEPSE Closed Today for Happy Holi 2018 !

CLOSED:

Nepal Stock Exchange (NEPSE) Trading Market will remain closed for today Thursday 1st March 2018 (17th Falgun 2074) on occasion of Happy Holi Festival (Fagu Purnima) 2018. 

Regular trading will resume from Sunday 4th March 2018 (20th Falgun 2074) at the usual 11:00 AM. Nepal Stock News wishes all the investors, shareholders and interested viewers, readers and other well wishers a very happy HOLI and enjoy this wonderful festival of colour.

Read More: होली पर्व र यसको महत्व (फोटो फिचर) »

StockNewsNepal: Thursday 1st March 2018.

First Microfinance Again First to Publish First Quarterly Report of FY 2074/075; Earnings Surge by 60.44% to Rs. 24.13 Million !

First Microfinance Development Bank Ltd. (FMDBL) is again the first among the publishing companies to publish its provisional financial statement from the (Q1) of the fiscal year (FY) 2074/075, with an impressive profit growth of 60.44%.

According to the unaudited financial report for Q1 published yesterday, the microfinance has stated that its net profit surged to Rs. 24.13 million in Q1 as compared to Rs. 15 million in the corresponding Q1 of the last FY 2073/074.

The borrowing of the microfinance has increased from Rs 32.2 billion in the corresponding Q1 of the previous year to Rs. 35.2 billion in the Q1 of the current FY 2074/075.

Its net interest income has also increased to Rs. 40.8 million in the Q1 up from Rs. 26.5 million compared to the corresponding Q1 of the last fiscal year. The microfinance company has an operating profit of Rs. 37.9 million in Q1 of the ongoing FY.

The paid up capital of the company stands at Rs. 456.2 million in Q1 of FY 2074/075. Its reserve and surplus surges to Rs. 96 million in Q1 from Rs. 56.9 million in the corresponding Q1 of last FY.

Read more: First Microfinance Again First to Publish First Quarterly Report of FY 2074/075 !