25th September, Tuesday. Vol-2.

Issue-214 MORNING QUOTE:

The will to win, the desire to succeed, the urge to reach your full potential... these are the keys that will unlock the door to personal excellence. - Confucius

Top Headlines: Manaslu rescue ends, 8 bodies brought back. 3 still missing. (Source: Republica) Opposition parties to up protests to oust PM. Thursday meeting to unveil agenda. (Source: Republica) PLA integration. As number falls, new Nepal Army directorate called into question. (Source: The Kathmandu Post) PM Bhattarai says he wants power supplied at homes. While annual increase in demand was 100 MW, only 5 MW was added to the national grid. (Source: The Himalayan Times) Nepal Oil Corporation (NOC) monopoly broken. Chandi Lumbini okayed to import LPG from Petronas. (Source: The Kathmandu Post) Shankar Man Shrestha, CEO of Rural Microfinance Development Center, has been charged with misappropriating millions of rupees from the microcredit institutions by secretly raising his remuneration and allocating a huge amount for retirement benefit. (Source: Republica) Government is preparing to divest 30 percent share of Nepal Telecom to a suitable strategic partner. (Source: The Himalayan Times) Macro economic outlook challenging: IMF. Weak-supervision, liberal licensing policy and over exposure to real estate loans increase risk. (Source: The Himalayan Times) Asian Development Bank is in favour of appointing a new contractor to complete the tunnel digging work of the Melamchi Drinking water project after the current contractor pulled out. (Source: The Kathmandu Post) Regional International Airport row. After PM, Dahal assures protesting Pokhara locals. (Source: The Kathmandu Post) Transporters demand bus fare hike ahead of festivals. (Source: The Kathmandu Post) International Business: Chinas corruption crackdown takes shine off luxury boom. (Source: The Kathmandu Post) Iphone 5 sales top 5 million in 3 days. (Source: The Kathmandu Post) Apple supplier halts China factory after violence. (Source: Republica) Maruti to hike car prices within a week. (Source: Republica) Gold demand improves as strong rupee knocks prices. (Source: Republica)

MARKET INFORMATION
As of 8th Ashwin, 2069 Index NEPSE Sensitive Float Sen. Float NEPSE Sub-Indices Banking Dev. Bank Hydropower Finance Insurance Others Current Points Change %Change

414.53 106.45 30.84 27.06

-0.64 -0.15 -0.236 -0.289

Current Points Change

-0.15 % -0.15 % -0.76 % -1.06 %

%Change

357.65 248.4 836.14 258.2 662.82 697.87

-2.86 -1.4 4.82 0.32 0.8 7.05

-0.79 % -0.56 % 0.58 % 0.12 % 0.12 % 1.02 %

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

97,359,929 268,184 1641 90

Total Market Capitalization Rs: 392,291.55 Millions

Floated Market Capitalization Rs:

71,981.20 Millions

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Hallmark Gold
Rs. 59,801/Tola

Tejabi Gold
Rs. 59,551/Tola

Silver
Rs. 1,185/Tola

General News: Standard Chartered Bank Nepal organized a blood donation camp at its head office, Nayabaneshwor on Saturday in technical assistance of Nepal Red Cross Society. (Source: The Himalayan Times) Rastriya Banijya Bank started its branch less banking service in Tribeni, a pilgrimage of Hindu of Nawalparasi district. (Source: The Himalayan Times) ICFC Finance Limited has opened its 11th branch office at Newroad, Kathmandu. (Source: Himalaya Times) IPO News: Nepal Community Development Bank Limited is preparing to issue 300,000 units ordinary share to general public in near future. (Source: Arthik Abhiyan) Cash Dividend/ Bonus Share: BOD meeting of Diyalo Bikas Bank Limited has proposed to distribute 17.5 percent cash dividend to its shareholders subject to approval from NRB and its upcoming AGM. (Source: Karobar Daily) AGM/Special AGM: Shree Investment and Finance Company Limited has announced its 18th Annual General Meeting going to be held on 2nd Kartik 2069. (Source: Arthik Abhiyan)

Source: www.negosida.com.np As of 8th Ashwin, 2069

Current and Upcoming IPOs:

Company
Bright Development Bank Limited

Open Date
14th Bhadra, 2069

Close Date
18th Bhadr a, 2069 10th Aswin, 2069

Close Date (Max)

15th Aswin, 2069

Issue Manager
Growmore Merchant Banker Ltd NCM Merchant Banking Ltd and CIT Growmore Merchant Banker NCM Merchant and CIT

Reliance Finance Limited

7th Aswin, 2069

21st Aswin, 2069

Kakrebihar Bikas Bank Limited International Development Bank

11th Aswin 2069 14th Aswin 2069

15th Aswin 2069 17th Aswin 2069

25th Aswin 2069 28th Aswin 2069

Innovative Development Bank Limited

11th Aswin, 2069

15th Aswin, 2069

25th Aswin, 2069

NMB Capital Limited

DEFENSIVE STOCK:
A stock that provides a constant dividend and stable earnings regardless of the state of the overall stock market. This is not to be confused with a "defense stock", which refers to stock in companies which manufacture things like weapons, ammunition and fighter jets. Defensive stocks remain stable during the various phases of the business cycle. During recessions they tend to perform better than the market; however, during an expansion phase it performs below the market. Betas of defensive stocks are less than one.

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