5th September, Wednesday. Vol-2.

Issue-198 MORNING QUOTE:

Money is better than poverty, if only for financial reasons. -Woody Allen Top Headlines: Government taking general public for a ride. Socializing Oil Corporations loss. Reforms agenda put on the back burner. (Source: The Himalayan Times) Dahal pins impasse blame on Congress. Says NCs failure to name PM candidate a hurdle. NC, UML stay away from all-party meet. (Source: The Kathmandu Post) Largest merger deal in the banking sector in the offing. Manakamana Development Bank, which has paid-up capital of Rs.1 billion, has already roped in NDEP, Hama, Nepal Consumer Development Bank and Imperial Finance in the plan. (Source: Republica) 10 million GSM lines project. Ericsson rejects Package A. NT officials see chance of fresh tender invitation. (Source: The Kathmandu Post) Price of gold reached Rs.60,000 per tola in the domestic market. (Source: The Himalayan Times) Gold is being trading in the local market at rates higher than those set by the Nepal Gold and Silver Dealers Association. (Source: The Kathmandu Post) Arrange Rs.3 billion or supply may dwindle: NOC. (Source: Republica) Fuel prices hiked for fifth time in nine months. Consumers livid while economists urge ending NOC monopoly. (Source: The Kathmandu Post) Fifth South Asian Economic Summit next week. Will be held in Pakistan with the slogan Making Growth Inclusive and sustainable in South Asia. (Source: The Himalayan Times) European Banks to invest Rs.4 billion on Upper Seti. (Source: Karobar Daily) Nepalese Young Entrepreneurs Forum (NYEF) is organizing the third edition of the Made in Nepal exhibition on September 6-9. (Source: The Himalayan Times) Room tariff of Pokhara hotels up by 25 percent. (Source: Republica) International Business: World leaders must act to stave off food crisis: UN. (Source: The Kathmandu Post) As growth flags, China shies from stimulus. (Source: The Kathmandu Post) Lufthansa cancels more flights as strikes hit. (Source: The Kathmandu Post) Samsungs advanced TVs go missing en route to Berlin. (Source: Republica)

MARKET INFORMATION
As of 19th Bhadra, 2069 Index NEPSE Sensitive Float Sen. Float NEPSE Sub-Indices Banking Hotels Dev. Bank HydroPower Finance Insurance Manu.& Pro. Others Current Points Change %Change

409.07 105.58 30.77 27.53

-2.75 -0.79 -0.168 -0.138

Current Points Change

-0.67 % -0.74 % -0.54 % -0.5 %

%Change

359.05 -3.15 528.11 -0.19 248.52 -0.99 812 561.29 682.6 -0.74 4.25 -8.22 251.66 -0.53 765.12 10.63

-0.86 % -0.04 % -0.39 % -0.09 % -0.21 % 0.76 % 1.4 % -1.18 %

Market Summary
Total Turnover Rs: Total Traded Shares Total Transactions Total Scrips Traded

63,049,504 202,042 1784 95

Total Market Capitalization Rs: 387,110.74 Millions

Floated Market Capitalization Rs:

71,811.43 Millions

www.sharesansar.com.np

Hallmark Gold
Rs. 60,000/Tola

Tejabi Gold
Rs. 59,750 /Tola
Current IPOs:
Company
Khandhari Development Bank Limited Bright Development Bank Limited

Silver
Rs. 1,155/Tola

Source: www.negosida.com.np As of 19th Bhadra, 2069

General News: Siddhartha Bank and NEPSE on Monday signed an agreement to enlist 400,000 units of the banks debentures worth Rs.400 million on the exchange. (Source: The Kathmandu Post) NMB Bank and Gaurishanker Development Bank have signed an agreement to provide remittance service to its customers. (Source: Nayapatrika) Innovative Development Bank Limited gets approval from SEBON to issue 337,500 units Ordinary Share to general Public. (Source: Karobar) Cash Dividend/ Bonus Share: BOD meeting of Reliable Finance Limited has proposed to distribute 8.86 percent cash dividend and 8.49 percent bonus share to its shareholders subject to approval from NRB and its upcoming AGM. (Source: Karobar Daily) AGM/Special AGM: Gurans Life Insurance Co. Limited has published its 4th AGM minute. (Source: Karobar Daily)

Open Date
24th Shrawa n, 2069

Close Date
29th Shrawa n 2069

Close Date (Max)

24th Bhadra, 2069

Issue Manager
Growmore Merchant Banker Ltd Growmore Merchant Banker Ltd

14th Bhadra, 2069

18th Bhadra, 2069

28th Bhadra, 2069

Price-To-Book Ratio - P/B Ratio

A ratio used to compare a stock's market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share. A lower P/B ratio could mean that the stock is undervalued. However, it could also mean that something is fundamentally wrong with the company. As with most ratios, be aware that this varies by industry. This ratio also gives some idea of whether you're paying too much for what would be left if the company went bankrupt immediately.

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