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thFloor Trade Tower, Thapathali, Kathmandu Contact No: 01-5111145
Newsletter Published on 18 th September 2021
Index Value
NEPSE 2812.38
SENSITIVE 525.78
FLOAT 196.66
SEN. FLOAT 176.61
Your companion to Nepal Stock Market
Aakash Capital Limited
Weekly Newsletter From Aakash Capital Limited for the week ending 18th September 2021
NEPSE UPDATE
Indicators 12th Sept. 16th Sept. (+)/(-)
2021 2021 Change %
NEPSE 2875.99 2,812.38 -2.21%
SENSITIVE 535.26 525.78 -1.77%
FLOAT 201.22 196.66 -2.27%
SEN. FLOAT 179.74 176.61 -1.74%
BANKING 1932.23 1,907.55 -1.28%
TRADING 3358.8 3,270.72 -2.62%
HOTELS 3473.61 3,350.09 -3.56%
DEVELOPMENT BANKS 5335.5 5,231.76 -1.94%
HYDROPOWER 3354.4 3,238.97 -3.44%
FINANCE 2817.93 2,683.37 -4.78%
NON LIFE INSURANCE 12995.99 12,680.56 -2.43%
MANU. & PRO. 6646.5 6,591.70 -0.82%
OTHERS 1871.22 1,824.44 -2.50%
MICROFINANCE 5465.1 5,294.69 -3.12%
LIFE INSURANCE 16182.5 15,793.47 -2.40%
MUTUAL FUND 15.92 15.55 -2.32%
Investment 101.52 98.17 -3.30%
Market Summary Statistics (12
th– 16
thSept., 2021)
Total Turnover (Rs) 38,317,882,716
Total Traded Shares 70,447,717
Total Number of Transactions 439,365
Scrip’s Traded 231
Market Cap at Week start 4,024,933.86 Millions Market Cap at Week end 3,935,741.89 Millions Floated Market Cap at Week start 1,427,193.97 Millions Floated Market Cap at Week end 1,394,719.89 Millions
Bullion Update
As on 17th September 2021
Hallmark Gold Rs.89,100/ Tola
Worked Gold Rs.88,650/Tola
Silver Rs.1,170/Tola
Quote for the week
“Learn in every Correction by analyzing the decision that you have taken.”
The Market witnessed -2.21% Fall in Nepse index (-63.61 Points) in the reviewed trading week (12th – 16th September 2021).The sensitive index, which measures the performance of the companies classified under group “A”, also registered the downtick of -1.77% (-9.48 Points). Similarly, float index which measures the performance of securities which are floated to public also down by -2.27% and sensitive float followed the trend as it also decreased by -1.74%.
In the reviewed week market opened at 2875.99 levels, increased by +71.43 points on the very first day i.e. Sunday and retraced to 2947.42 level. The benchmark index slightly increased by +0.27 points on Monday, further decreased by -18.54 points on Tuesday & market decreased by -40.26 points on Wednesday and on last day of trading week market decreased by -76.65 points and closed at 2812.38 levels.
In this review period, All Sub- index registered the negative change & Finance sub-index registered highest Negative change with -4.78% (-134.56 Points). The Sub-Index that registered Negative change this week are Banking (-1.28%), Trading (- 2.62%), Hotels (-3.56%), Development Bank (-1.94%), Hydropower (-3.44%), Non-Life Insurance (-2.43%), Manu. & Pro. (-0.82%), Others (-2.50%), Microfinance (-3.12%), Life Insurance (-2.40%), Mututal Fund (- 2.32%) & Investment (-3.30%).
The market witnessed decreasing volume of transaction & decreasing turnover this week as compared to previous week. The total turnover stood at Rs. 38.31 billion with average of Rs. 7.66 billion a day. Total market cap decreased by Rs.-89,191.97 million as the market capitalization went down by - 2.22%. Similarly Floated market Capitalization also decreased by -2.28% (i.e. Rs. -32,474.08 million).
Market Announcements
Deprosc Laghubitta Bittiya Sanstha Limited has announced its 20th AGM going to be held on 23rd Ashwin, 2078.
Arun Valley Hydropower Development Company Limited has announced it 24th AGM going to be held on 24th Ashwin, 2078.
National Banking Institute Limited has announced its 13th AGM going to be held on 22nd Ashwin, 2078.
BOK Capital Market Limited has announced its 6th AGM going to be held on 20th Ashwin, 2078.
Ghodighoda Laghubitta Bittiya Sanstha Limited has announced its SGM going to be held on 16th Ashoj, 2078.
Sanima Capital Limited has announced its 6th AGM going to be held on 15th Ashwin, 2078.
Ru Ru Jalbidhyut Pariyojana Limited has announced its 15th and 16th AGM going to be held on 16th Ashoj, 2078.
Prabhu Capital Limited has announced its 13th AGM going to be held on 16th Ashwin, 2078.
Hathway Investment Nepal Limited has re-announced its 13th AGM going to be held on 15th Ashwin, 2078.
Siddhartha Capital Limited has announced its 10th AGM going to be held on 18th Ashwin, 2078.
Gurkhas Finance Company Limited has re-announced its 26th AGM going to be held on 18th Ashwin, 2078.
Upper Tamakoshi Hydropower Limited has announced its 12th and 13th AGM going to be held on 19th Ashwin, 2078.
Arks Capital Advisors Limited has announced its Annual General Meeting going to be held on 20th Ashwin, 2078.
Nepal Bangladesh Capital Limited has announced its 3rd AGM going to be held on 18th Ashwin, 2078.
Nepal Lube Oil Limited has announced its 30th AGM going to be held on 18th Ashwin, 2078.
Nabil Investment Banking Limited has announced a book closure date of its "Nabil Equity Fund" and "Nabil Balanced Fund-2" on 10th Ashwin, 2078.
Samling Power Company Limited is closing its 5,00,000 units IPO shares to the project affected local residents of Ilam Districts from 1st Ashwin, 2078.
Sahas Urja Limited has allotted its 35,00,000 units IPO shares to the project affected local residents of Solukhumbhu District on 28th Bhadra, 2078 & has published an offer letter to issue 70,00,000 units IPO shares to the general public from 6th Ashwin to 10th Ashwin, 2078.
Terhathum Power Company Limited has allotted its 8,00,000 units of IPO shares to the general public on 25th Bhadra, 2078.
Hydroelectricity Investment and Development Company Limited is selling its 3,30,00,000 units promoter right share and 32,29,794 units ordinary right share in an auction to the general public from 7th Ashwin to 14th Ashwin.
Prudential Capital Management Company Limited is going to auction different companies promoter shares from 31st Bhadra to 8th Ashwin, 2078.
The existing promoter is selling 181,470 units promoter share of Jyoti Bikash Bank Limited and 95,166 units promoter share of Manjushree Finance Limited in auction to the general public from 31st Bhadra to 3rd kartik, 2078.
The existing promoter of National Microfinance Laghubitta Bittiya Sanstha Limited is selling its 36,500 units promoter share in an auction to the general public from 30th Bhadra to 13th Ashoj, 2078.
Agricultural Development Bank Limited has allotted 34,26,975 units debenture out of 60,00,000 units to its institutional investors on 25th Bhadra, 2078.
Employees Provident Fund published its financial highlights of the fiscal year 2077/78.
Nepal Reinsurance Company Limited has published a notice seeking quotation of Fixed Deposit interest.
Oriental Insurance Company Limited has posted a net profit of Rs 263.03 million during the 4th quarter of the fiscal year 2077/78.
Unilever Nepal Limited has published a notice to collect uncollected due dividend to its shareholders.
Muktinath Capital Limited is going to auction 29,250 units promoter share of Jyoti Bikash Bank Limited and 6,036 units promoter share of Prabhu Insurance Limited to the general public from 29th Bhadra to 3rd kartik, 2078.
Nabil Investment Banking Limited is closing its 100 million units of Rs 10 face value each "Nabil Balanced Fund III" to the general public from 29th Bhadra .
Nabil Investment Banking Limited is opening its 100 million units of Rs 10 face value each "Nabil Balanced Fund III" to the general public from 25th Bhadra .
NEPSE - TECHNICAL ANALYSIS
The Nepalese stock market (NEPSE) has started its bullish trend in Jan 2020 as seen from daily trend line perspective. The bullish trend was started in Jan 2020 when index was at 1181 level.
In the review week, NEPSE opened at 2875.99 and formed a Red candle by closing at 2812.38 Levels at the end of week lose -63.61 (-2.21%) points during the week. In daily chart, market is moving through the level of 2985 – 2795 level. There seems decreasement turnover in the review week. The average turnover is Rs.7.66 billion per day.
TECHNICAL INDICATORS
Indicators (1D) Value Signal
Support (S1) 2775 -
Resistance (R1) 2909 -
Relative Strength Index (RSI) 34.90 Moderate Zone (Near to Over Sale Zone) Moving Average Convergence Divergence (MACD) -48.82 Bearish
5-Day Exponential Moving Average (EMA) 2881 Bearish 20-Day Exponential Moving Average (EMA) 2959 Bearish 180-Day Exponential Moving Average (EMA) 2657 Bullish
Relative Strength Index (RSI) Analysis
RSI is a moment indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock. RSI is typically used on a 14-day time frame, measured on a scale from 0 to 100, where a value above 70 represents overbought and below 30 represents oversold condition.
Current RSI value of NEPSE is 34.90 which indicate the market is at Moderate Zone. There is no formation of divergence in daily chart.
Bollinger Band
Bollinger band is a technical indicator that consists of a set of lines plotted two standard deviations up and below a 21-day simple moving average. The bands are an indication of volatility; a widening gap indicates higher volatility and vice-versa. Prices are relatively high when above the upper band and low when below the lower band.
The upper, middle and the lower bands are at 3216, 2988 and 2760 respectively. The market is trading in between middle band
& lower band which indicates short term bearish for the market.
Board of Directors
Name Designation Share Quantity Age Qualification
Mr. Him Prasad Pathak Chairman 4,76,200 44 B.A.
Mr. Sushil Thapa Director 4,91,526 43 B.S.C.
Mr. Mukti Ram Pandey Director 1,50,000 60 B.A.
Mr. Bhoj Bahadur Shah Director 1,35,000 60 B.S.C.
Mr. Min Raj Kadel Director 1,50,000 62 B.A., B.AD.
Mr. Mahendra Kumar Giri Director 3,56,000 51 B.Com.
Mr. Paritosh Paudyal Director 1,50,000 43 L.L.M.
Managing Director:Mr. Sushil Thapa
Project Manager:Mr. Govinda Chalise
Project Details
Capital Structure
IPO NOTICE OF THE COMPANY
The following table shows the recent total dividend proposed by companies from the profit of 2077/78.
S.N. Symbol Company Dividend (%) Book Closure
Date Bonus Cash Total
1 LUK Laxmi Unnati Kosh 0 25 25 7/28/2021
2 LEMF Laxmi Equity Fund 0 35 35 7/30/2021
3 NIBLPF NIBL Pragati Fund 0 50 50 8/13/2021
4 NIBSF1 NIBL Samriddhi Fund 1 0 35 35 8/13/2021
5 NIBLSF NIBL Sahabhagita Fund 0 50 50 7/29/2021
6 NICGF NIC Asia Growth Fund 0 30 30 9/12/2021
7 NICBF NIC ASIA Balanced Fund 0 30 30 9/12/2021
8 NADDF NIC Asia Dynamic Debt Fund 0 10 10 8/12/2021
9 KEF Kumari Equity Fund 0 5 5 8/9/2021
10 SEF Siddhartha Equity Fund 0 30 30 8/16/2021
11 SIGS2 Siddhartha Investment Growth Scheme-2 0 30 30 8/16/2021
12 NICACL NIC Asia Capital Limited 0 48 48 -
13 SPDL Synergy Power Development Limited 10 0.53 10.53 8/20/2021
14 MMFDB Mirmire Laghubitta Bittiya Sanstha Limited 20 0 20 -
15 NGPL Ngadi Group Power Limited 20 1.05 21.05 9/3/2021
16 SFMF Sunrise First Mutual Fund 0 50 50 9/1/2021
17 API Api Power Company Limited 10.5 0.55 11.05 9/3/2021
18 NMBHF1 NMB Hybrid Fund L- 1 0 20 20 9/3/2021
19 NMB50 NMB 50 0 30 30 9/3/2021
20 AKPL Arun Kabeli Power Limited 17 0.89 17.89 8/31/2021
21 RURU Ru Ru Jalbidhyut Pariyojana Limited 10 0.53 10.53 9/23/2021
22 CMF1 Citizens Mutual Fund-1 0 40 40 9/9/2021
23 CMF2 Citizens Mutual Fund - 2 0 40 40 9/9/2021
24 MuktinathCap Muktinath Capital Limited 0 18 18 -
25 NMBCAP NMB Capital Limited 0 30 30 -
26 SAEF Sanima Equity Fund 0 33 33 9/17/2021
27 SLCF Sanima Large Cap Fund 0 4 4 9/17/2021
28 DDBL Deprosc Laghubitta Bittiya Sanstha Limited 20 1.053 21.053 -
29 FMDBL First Microfinance Laghubitta Bittiya Sanstha Limited 10 0.53 10.53 -
30 UNL Unilever Nepal Limited 0 650 650 10/11/2021
31 SLBBL Swarojgar Laghubitta Bittiya Sanstha Limited 25 0 25 -
32 NEF Nabil Equity Fund 0 40 40 9/27/2021
33 NBF2 Nabil Balanced Fund - 2 0 35 35 9/27/2021
34 SHPC Sanima Mai Hydropower Limited 10 0.53 10.53 10/4/2021
35 SDLBSL Sadhana Laghubitta Bittiya Sanstha Limited 25 1.32 26.32 -
36 SANCAP Sanima Capital Limited 0 25 25 -
37 NIBLACE NIBL Ace Capital Limited 0 26 26 -
38 NLO Nepal Lube Oil Limited 30 5 35 9/21/2021
39 PRABHU Prabhu Capital Limited 28.39 17.61 46.00 -
40 HINL Hathway Investment Nepal Limited 25 30 55 -
41 SIDCL Siddhartha Capital Limited 0 40 40 -
42 NBCL Nepal Bangladesh Capital Limited 0 19 19 -
43 BOKCML BOK Capital Market Limited 0 18 18 -
44 AHPC Arun Valley Hydropower Development Company Limited 10 0.526 10.526 9/27/2021
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Disclaimer and important information: This document has been prepared by Aakash Capital Limited for information and illustration purpose only. The information provided in this document is subject to change. While this information has been obtained from sources believed to be reliable, Aakash Capital Limited is not liable for erroneous information obtained from the sources. Aakash Capital Limited, its directors and employees are not liable/responsible for any direct, indirect or consequential loss arising from use of this document or its contents. Past performance is no indication of future results. Aakash Capital is regulated by Securities Board of Nepal. This document may not be reproduced, distributed or published by any person for any purpose without Aakash Capital Limited’s prior written consent.
