Banking sector healthy: Governor

Governor of the Nepal Rastra Bank Deependra Bahadur Kshetry said the banking sector was not as weak as people perceive and appealed the public not to doubt over the banks´ financial health and capacity.

Contrary to what people tend to believe after the NRB took action against Nepal Development Bank (NDB), Kshetry said commercial banks are healthier and safer to deposit money.

Kshetry was in Pokhara after visiting NRB branches in Biratnagar, Janakpur, Birgunj, Nepalgunj and Dhangadhi. During the visit, he took stock of the financial positions of the banks and interacted with the bankers, investors and depositors.

During the interactions, depositors had mainly asked him if the central bank was landing its axe on other banks as well. But Governor Kshetry said that the financial health of all the banks and financial institutions were fine so far.

Kshetry also urged the promoters of banks and financial institutions to adhere to the financial discipline and comply with the directives of the central bank.

During his address, Kshetry also clarified the reasons behind taking actions against the NDB.

“NRB took actions against NDB because the bank management did not took reform initiatives we suggested and refused to adhere to the financial discipline,” he said, adding that other development banks, on the other hand, have been following NRB´s instructions.

Kshetry also stated that he had received anonymous threat calls after the central bank decided to take action against NDB. “The number of the caller does not appear on the mobile screen, which means, they belonged to ´distinguished persons´. I have not receives such calls these days though,” he added.

Khestry also stated that his tenure could end soon. Talking to myrepublica.com, he expressed doubt over continuing as governor in the new fiscal year, indicating that former Governor Bijaya Nath Bhattarai could be reinstated in the position.

Bhattarai was disposed from the post after Commission for Investigation of Abuse of Authority filed a case against him on the charge of financial anomalies. A final verdict on his case is scheduled for July 15. “I think this will be my last visit as the governor of NRB,” he told myrepublica.com.

Source: Republica
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Govt programs fail to impress private sector

Business community has accused the government of not addressing the private sector´s concerns in its policy and programs.

President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Kush Kumar Joshi said the policy and programs neither made commitments for private sector´s growth nor did it give due importance to the private sector´s role in country´s advancement. “This has discouraged the business community,” said he.

Likewise, president of Nepal Chamber of Commerce Surendra Bir Malakar stated that the government did not pay heed to their demands for measures to end banda, strikes, kidnapping and extortion.

The business community mainly complained the government for not meeting its demand for implementation of multiple value added tax (VAT) rates. Businessmen even warned of a strike, if the government did not make time-bound commitment to introduce multiple VAT rates in the upcoming budget for the new fiscal.

They were speaking at the 34th annual general meeting of Kavre Chamber of Commerce and Industry (KCCI) that began on Saturday.

Among others, business leaders urged the government to designate a single ministry to look after information technology (IT) sector.

They blamed the present situation of multiple ministries looking after the sector and lack of coordination among them for hindering IT sector´s development. Joshi blamed lack of accountability on the part of the ministries for delay in the operation of the IT Park in Banepa.

“Multi-Technical College being built in Banepa with Chinese investment of Rs 700 million has also faced a similar fate due to the same problem,” Joshi said.

Joshi further stated that if the government designated a single ministry to look after the sector, FNCCI would eagerly work to bring in more investment in the sector. He even urged the government to hand over the IT Park and the college to the private sector for their effective operation.

“Both the park and the college can be operated under public-private partnership. It will help Kavre attain knowledge-based and tourism-led development,” Joshi stated. KCCI President Laxmi Lal Rajbhandari demanded the government to develop Banepa as a trade center in the east of Kathmandu. He also urged for immediate development of special economic zone (SEZ) in Panchkhal.

Source: Republica
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Investors positive, market turns bullish

The market reversed the downward trend of the last few weeks as the NEPSE index increased throughout the week to close at 702.88 points (+5.31%). Investor confidence received a boost with the resumption of the parliament and the finance minister´s announcement of a timely budget. The managing director of Nepal Stock Exchange pointed out that the government should reduce capital gains tax from 15% to 10%. High hopes among investors for a market-friendly budget along with expectations of rights shares, bonus and dividend announcements after the fiscal year end has contributed to the bull rally this week.

Commercial Banking (+7.52%) sector was the biggest gainer this week with substantial increases across most major banks with gains in the sector led by Nabil Bank (Rs.445). Sanima Bikas Bank (+Rs. 111) and Ace Development Bank (+Rs. 80), both among the top three gainers, strengthened the Development Bank sub-index by 6.33%. Despite strong performance by Fewa Finance (+Rs. 243), which is scheduled to close its books on July 13 for issuing 1:2 right shares, as the highest gainer for the second consecutive week, the Finance sector (+0.47%) increased only slightly due to the big declines in the prices of Everest Finance (- Rs 144) and NIDC Capital Market (- Rs 466) as their prices adjusted after the book closure for 1:1 right shares and 10:3 bonus shares respectively. Nepal Telecom´s (+Rs 15) advancement pushed up the ´Others´ sector (+2.73%) while Chilime Hydropower´s (+Rs.35) gain elevated the Hydropower sub-index (+1.61%). Insurance sector (-0.01%) was the only sector in the red this week.

The market turnover for the week amounted to Rs. 383,313,602 -- a 17.36% decrease from last week. However, last week´s turnover was inflated due to the bulk trading of shares of National Hydro Power, Nepal Bangladesh Bank and Nepal Credit and Commerce Bank by NB Group. Regardless, the final day of trading this week recorded a healthy turnover of Rs. 77,567,483 indicating increased demand pressure. We expect the market to maintain its upbeat tone in the upcoming week. Technical analysis signals indicate that the market is in an uptrend which will be sustained for a while.

Source: Republica
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Gold moody, silver stable

Gold price in Nepali market experienced ups and downs, responding to the exchange rates of Nepali rupee and US dollar this week. Changing international economics also supported the trend.

According to Nepal Gold and Silver Dealers’ Association (NEGOSIDA), gold price decreased by Rs 260 this week per 10 gram with the highest price on Wednesday (Rs 23,750) and lowest on Friday (Rs 23,405). Earlier, on last Friday, gold price closed at Rs 23,665 for per 10 gram.

Nepali bullion market opened at Rs 23,535 (per 10 gram) on Sunday and slipped to Rs 23,490 on the next two trading days. It gained Rs 260 on Wednesday and traded at Rs 23,750 per 10 gram, which was the highest rate of the week. In traditional Nepali measurement system, one Tola (11.664 grams) of gold was traded for between Rs 27,300 and Rs 27,700.

The precious yellow metal was traded on Sunday at Rs 23,535 (per 10 grames) while the price fell on Monday and Tuesday to Rs 23,490. Price hike was seen on Wednesday when gold was traded at Rs 23,750 per 10 gram. Thursday and Friday experienced fall and gold was traded at Rs 23,535 and 23,405 respectively.

International gold price had a fall of $19 between Sunday and Friday. The price of an ounce of gold was $933 on Sunday and $913 on Friday with some ups and downs during the week days. Back home, silver stayed stable throughout the week. Silver traded at Rs 356 (per 10 gram) from Sunday to Friday.

Source: THT
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4,657 Sunrise share applications rejected

A dispute has arisen between applicants for Sunrise Bank shares and NMB Bank, the share issue manager, after the issue manger disqualified 4,657applications for 1,173,599 share units, citing serious flaws in the application process.

Upendra Paudel, chief executive officer at NMB Bank, said that the disqualification of the applications was not guided by any ill intension but was forced by the serious nature of mistakes made by the applicants.

According to the bank, a total 339,574 valid applications had been made, for 98,958,860 shares.

However, applicants have objected to the disqualification and demanded that their applications be included in the share allotment process.

Dhruba Timilsina, deputy director at the Securities Board of Nepal -- the capital market regulator, said the applications were disqualified due to mismatch in the applicants´ account numbers, signatures and other particulars.

As per newly introduced guidelines on issue of securities, the collection points will be responsible for any mistakes found in share applications, so they have to make sure all share applications are filled properly.

Under the allotments made, 10 shares have been allocated to each application for up to 80 units where as 700 units are allotted for those who applied for between 17,010 to 20,000 units.

A total of 344,526 applicants had applied for 100,319,959 shares. A total 3,750, 000 shares have been allotted to 89,149 applicants, including 187,500 units allotted to 295 Sunrise Bank staffers.

Sunrise Bank had floated the public shares from May 3 to May 6.

Source: Republica
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NEPSE maintains recovery trend

The Nepal Stock Exchange (NEPSE) soared up by 6.72 points at the end of trading Thursday.

This is after a very long period of time that all the sub indices have witnessed an increase in their share prices. Among the sub indices, the banking sector witnessed the highest growth of 6.7 points followed by the hydropower sector which grew by 6.44 points. Develop-ment bank sector saw an increase of 4.22 points, insurance sector with an increase of 3.74 points and finally the finance sector which increased by 2.68 points.

Among the 20 commercial banks on NEPSE, Nabil Bank posted the biggest growth with its stock rising by 106 points while the Nepal Industrial and Commerce Bank lost the most on the trading floor by shedding 42 points on Thursday.

Similarly, among the 8 development banks whose shares were traded on NEPSE on Thursday, Infrastructural Develop-ment Bank witnessed the highest increase of 16 points while Annapurna Bikas Bank dropped 23 points.

Likewise, Fewa Finance Company Limited was the highest gainer among finance companies with an increase of 70 points in its share price. Everest Finance lost 144 points.
The turnover at NEPSE on Thursday stood at Rs. 77.567 million through 102,797 units of shares.

The top gainer on NEPSE was Fewa Finance Company Limited with a 9.38 percent rise in its stock price.

Similarly, the top loser on Thursday was Everest Finance Limited which fell by 32.58 percent.

Source: eKantipur
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Entrepreneurs ask govt to act, not talk

Experts and entrepreneurs of the export sector have urged the government to reduce administrative hurdles in export promotion. During a seminar on ‘Export-Trade Related Issues’ organized by Export Promotion Forum (EPF) here on Thursday, they also focused on enhancing research and development system and establishing the brands of Nepali products in the international market.

Federation of Nepalese Chambers of Commerce and Industry (FNCCI) president Kush Kumar Joshi urged the government to be clear in policy. “The government must be clear whether we adopt a remittance or export based economy,” he said, “Without clear vision on export, we cannot get success.”

Prevailing administrative hurdles are the cause of decreased export, he added. Currently, an exporter needs to get permission from 21 government agencies to export goods. Meanwhile, he also stressed on the manufacture of quality products at affordable cost to compete in the global market. “We are looking for research and development initiatives from the government for export promotion,” he said.
Nepal Chambers of Commerce (NCC) president Surendra Bir Malakar called for liberalizing labour laws and ending the cycle of bandhs, strikes and road blockades. “Without hire-and-fire provisions, the industrial sector cannot be revived,” Malakar said.

He expressed dismay at the government’s neglect of the export sector saying, “The government must take action instead of merely giving assurances. Assurances achieve nothing.” Secretary at the Ministry of Commerce and Supply (MoCS) Surya Prasad Silwal assured the entrepreneurs that the ministry will work in close cooperation with the private sector for export promotion and import substitution.

“MoCs is looking at the priority-based demands of the private sector,” he said adding that all problems would be solved on a priority basis.

Minister for Commerce and Supply Rajendra Mahato stressed on brining an economic revolution for realizing the concept of ‘New Nepal’.

Economic revolution is a necessity of today and export promotion can be a tool to achieve economic prosperity, he said. He urged entrepreneurs to face global challenges in export by manufacturing quality goods at competitive prices.
“MoCS is taking export promotion as a tool to create national prosperity. So, the ministry is ready to work with a public private partnership approach,” he said.
He requested the support of entrepreneurs in implementing especial economic zones (SEZs) and export promotion zone (EPZs).

Source: THT
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Hydropower is THE sector

By Dr Sandip Shah

Hydropower is the sector government should seriously think of developing for the overall development of Nepal. Indeed, the development of other sectors like industry, services, agriculture, tourism etc is not possible without power. Sustainable and accelerated hydropower development in Nepal largely depends on the creation of an investment friendly climate. The budget therefore should address the following concerns of the Independent Power Producers’ Association Nepal (IPPAN):

• Income tax holiday should be for 15 years. The Electricity Act 2049 had made provision for tax holiday for 15 years, which was scrapped later by a budget speech. Hence, commitment is needed from all political parties that policies related to hydropower industry remain unchanged for at least 15 years.
• VAT exemption on hydropower industry should include both construction materials and electro-mechanical equipments.
• There should be VAT exemption in the import of construction materials and electromechanical equipments. Also, there should be one per cent custom duties on the import of construction materials and equipments related to hydropower.
• Hydropower developers have to pay mortgage tax at the rate of 0.2 per cent of the bank loan. The amount to be paid as tax is colossal for small and medium sized hydropower projects. For example, the construction cost of a 25 MW hydropower project at the rate of Rs 15 crore per MW is Rs 3,750 million. The loan investment at the rate of 70:30 ration is Rs 2630 million. Now, the mortgage tax to be paid at the rate of 0.2 per cent is Rs 5.3 million, which is a sizeable amount of money. We therefore request the government, to either cancel it or minimize it.
• The government should allow to open Letter of Credit (LC) in US dollars or in other foreign currency while importing equipments or materials related to hydropower industry. In such a case, importers will be exempt from 16 per cent excise duty of the Indian government. It will prove a big relief to hydropower developers.
• Also, the government should allocate budget for the construction of new transmission lines and strengthening of existing transmission lines.
• The government should make access roads for hydropower projects, which are being built in a cluster in a river basin. Also, the government should construct inter-connecting transmission lines for such hydropower projects.
• The government should speed up construction of the east-west mid-hill highway. It will pave the way for generating inexpensive power. Also, it should build high capacity 400 KV east to west transmission line running through the mid-hills and along the east to west mid-hills highway.
• The proposed international Infrastructure Development Bank should be instituted at the earliest possible, since capital available in the local banks is sufficient for small hydropower projects only.
• Loans to hydropower developers should be provided on project financing instead of personal guarantees.

Dr Shah is president of Independent Power Producers’ Association Nepal (IPPAN)

Source: THT
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FSME team seeks slice of economy pie

A delegation of Federation of Small and Medium Enterprises Nepal (FSME-Nepal) led by its president Jung Bahadur Shrestha called on Minister for Industries Mahendra Prashad Yadav to ask him to support the SME sector to meet the target of ‘One House, One Enterprise’.

“In order to meet the target of ‘One House, One Enterprise’, we need to establish industrial hubs, develop cooperatives and set up SME schools,” Shrestha said adding that the GDP of the country can be increased along with employment opportunities to 53 million households through this programme. Current violent activities like loot, murder and kidnapping are directly affecting the overall economic activities. The delegation also requested minister Yadav ensure certification of SMEs’ products.

FSME director Keshav Prashad Gautam voiced the need for establishing Global SME Business Hub sought support for it.

Source: THT
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Everest Bank branch in Lagankhel

Everest Bank Ltd (EBL) opened its 32nd branch in Lagankhel of Lalitpur district on Thursday. Federation of Nepalese Chambers of Commerce and Industry ) president Kush Kumar Joshi inaugurated the branch while the ATM was inaugurated by Lalitpur Chamber of Commerce president Naresh Kumar Shrestha.
Source: THT
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Swim alone for now, NRB guv tells NCBL

Nepal Rastra Bank (NRB) cannot take responsibility for cooperatives, said NRB governor Dipendra Bahadur Kshetry during a function organized to celebrate the sixth anniversary of National Cooperative Bank Ltd (NCBL) here today.

“We cannot take cooperatives into the NRB net under Bank and Financial Institution Act at this point,” said Kshetry. According to him, NRB’s current mechanism cannot afford the burden of the 13,000 cooperatives that are in operation across the country without a strong monitoring and supervision mechanism. He, however, suggested that the government make a strong regulatory and monitoring body for cooperatives. “We need a strong mechanism to regulate cooperatives as they are growing rapidly,” he added.

Speaking on the occasion, Minister for Agriculture and Cooperatives (MoAC) Mrigendra Kumar Singh assured of supporting the cooperative movement. “Cooperatives have become a pillar of Nepal’s economy, and no one can deny that. If we need revision in laws and policies to mainstream cooperatives, MoAC is ready to go ahead,” he said. He added, “As far as I know, cooperatives are fast becoming the banks of the poor.”
Experts on the cooperatives sector urged the government to draft a separate act — National Cooperative Development Act —- for the overall development of the sector. “Without a separate act and policy, the development of cooperatives is not possible,” said NCBL adviser Keshav Badal. He described the cooperatives movement as a catalyst of democracy and good governance.

Department of Cooperatives (DoC) registrar Maheshwor Sharma Poudel urged NCBL and all other cooperatives to focus on rural areas and the poor people living there. NCBL managing director KB Uprety demanded to NRB to allot NCBL the unused and deprived sector of banks for distribution in rural areas.

NCBL was established on July 9, 2003 under the Cooperatives Act 2000 as an umbrella body of cooperatives all over the country. Today, the bank has three branches — one each at Biratnagar, Baglung and Butwal.

Source: THT
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HBL in Bidur

Himalayan Bank Ltd (HBL) opened its 23rd branch in Bidur, headquarters of Nuwakot district on Thursday. HBL chairman Manoj Bahadur Shrestha inaugurated the Trishuli branch amid a function attended by bankers, businessmen and locals. The bank has deposit of Rs 33.32 billion and investment of Rs 25.30 billion in the first eleven months of the current fiscal year-end. The bank got operating profit of Rs 1.01 billion during the period. HBL also provides ATM and debit card services from the new branch.
Source: THT
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Error Correction Notice: MFCL

Merchant Finance Company Ltd. has published a correction notice of its annual report. The columns of current fiscal year and previous fiscal year were interchanged in the report published yesterday.
Source: Jamb News Serrvice
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Audited Annual Report: Merchant Finance Company Ltd

Merchant Finance Company Ltd. has published its audited annual report approved by its 12th AGM. It earned Rs. 2.054 million net profit in the year 2065.
Source: Jamb News Service
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3rd Quarter Company Anaysis (2065/66): LFLC

Lumbini Fin. & Leasing Co. Ltd. has published its third quarterly company analysis (2065/066).
Soucre: Jamb News Service
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Sunrise Bank Share Allotment Result

The general shares of Sunrise Bank Ltd. has been allotted on 9th July 2009 (2066 Ashad 25). To check your allotment, follow this link (http://nmb.com.np/sunrise/index.php) (ie From NMB Bank's Site)

As specified by the Bank, you can also access the share allotment information by:

Following the procedure below to get the SHARE ALLOTMENT RESULT through SMS.
1. Type SUNRISE [valid application number],
eg. SUNRISE 12345

2. Send to 7676
3. You'll receive the respective notification.

Download Alternative 1: DOWNLOAD SHARE ALLOTMENT RESULT [XLS File:2007 Compatible]

Download Alternative 2: DOWNLOAD SHARE ALLOTMENT RESULT [XLS File:2007 Compatible] (While download find "Save file to your PC: click here" in the bottom of the page)

[ Note: In order to search, you can type Ctrl+F. You can search through your application number or name. ]

NMB allots shares of Sunrise Bank
NMB Bank Ltd allotted the shares of Sunrise Bank Ltd on Thursday. Sunrise Bank had received a total of 3,44,526 applications — including 295 by staff of the bank — for 10,03,19,959-unit shares. Of the total applications, 4,657 applications were rejected as the applicants had not filled the forms completely. “Applicants, who have not filled in their grandfather’s names, account number — and anything other factor that is mandatory or missed the signature ares — are disqualified,” said the issue manager.
According to the IPOs Regulation, an applicant must fill the bank account number as the money would be returned through banks by account payee cheque.

A total of 89,149 public applicants including 295 Sunrise Bank staff got the shares that were floated from May 3-6.

Though some investors blamed the issue manager for mishandling the primary issue, NMB Bank allotted the primary shares on the 64th day — six days ahead of closing time. According to the Securities Board of Nepal (Sebon) regulation, the issue manager can allot Initial Public Offerings (IPOs) within 70 days of the closure of the issue, if applications cross the 3,00,001 mark.

Sunrise Bank received 3,44,821 applications worth a little over Rs 10 billion for its 37,50,000-unit shares with a face value of Rs 100 per unit.

Aplicants, who asked for 50-unit shares got 10-unit shares while those who asked for 17,010 to 20,000-unit shares were allotted 700-unit shares of the bank.(Source: eKantipur)

Here is the summary of IPO applicants & alloted numbers. Plus the table below is the allotment model followed by NMB to allot the Sunrise Bank Shares. Due to high oversubscription the allotment model has been changed bit with many intervals, Min: 10 shares (Applied: 50 - 80) & MAX: 700 (Applied: 17,010 - 20,000).

	No. of Applicant	Applied stocks	Applicant alloted(No)	Total stocks allotted
Valid Applicant	3,39,574	9,89,58,860	88,854	35,62,500
Staff Applicant	295	1,87,500	295	1,87,500
Disqualified Applicant	4,657	11,73,599
Total	3,44,526	10,03,19,959

Following is the allotment model followed while alloting Sunrise Bank IPO.

Allotment Model
Applied shares	50 - 80	90 - 110	120-190	200-240	250-300	310-390
Allotted shares	10	20	30	40	50	50
Applied shares	400-460	470-500	510-600	610-1000	1010-1090	1100-1490
Allotted shares	60	70	80	100	120	140
Applied shares	1500-2000	2010-3000	3010-5000	5010-8000	8010-11000	11010-17000
Allotted shares	160	220	300	400	500	600
Applied shares	17010- 20000
Allotted shares	700

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Today's Share Price (As of 2009-07-09)

S.No.	Traded Companies	No.of Transaction	Max. Price	Min. Price	Closing Price	Total Share	Amount	Previous Closing	Difference Rs.
1	Annapurna Bikash Bank Limited	11	469	450	455	1,280	584,380	478	-23
2	Ace Development Bank Limited	10	565	543	545	1,758	962,910	544	1
3	Annapurna Finance Company Limited	6	924	906	906	2,260	2,080,320	942	-36
4	Business Development Bank Ltd.	14	650	639	645	2,250	1,448,950	638	7
5	Bank of Asia Nepal Limited	78	525	500	502	6,470	3,320,360	510	-8
6	Bank of Kathmandu	73	1,659	1,610	1,645	9,633	15,676,515	1,599	46
7	Clean Energy Development Bank Limited	25	860	830	831	1,210	1,018,710	836	-5
8	Central Finance Co. Ltd.	4	454	438	450	154	69,036	430	20
9	Chilime Hydro power Co.	7	1,155	1,130	1,150	1,310	1,507,300	1,130	20
10	Citizens Bank International Limited	41	626	600	615	2,590	1,589,950	595	20
11	DCBL Bank Ltd.	9	453	413	413	1,420	619,016	429	-16
12	Everest Bank Ltd	12	2,361	2,270	2,305	908	2,103,947	2,300	5
13	Everest Finance Ltd,	1	298	298	298	20	5,960	442	-144
14	Fewa Finance Co. Ltd.	13	816	760	816	1,034	831,230	746	70
15	Global Bank Limited	28	590	563	580	1,630	942,890	570	10
16	Gurkha Development Bank	9	667	641	667	500	324,880	654	13
17	Gorkha Finance Ltd.	2	308	308	308	100	30,800	302	6
18	Himalayan Bank Ltd.	10	1,774	1,720	1,720	807	1,412,579	1,710	10
19	ICFC Bittya Sanstha Ltd.	14	510	490	490	1,248	626,638	495	-5
20	Infrastructure Development Bank Limited	12	510	500	510	1,070	539,900	494	16
21	International Leasing And Fin. Co.	10	608	586	587	620	368,826	575	12
22	IME Financial Institution	6	934	900	930	1,075	980,300	930	0
23	Kaski Finance Limited	7	850	841	850	250	212,230	825	25
24	Kumari Bank Ltd	19	662	638	638	3,299	2,148,556	666	-28
25	Kathmandu Finance Limited Promoter Share	1	213	213	213	300	63,900	217	-4
26	KIST Bank Limited	6	352	347	351	2,500	874,300	346	5
27	Kuber Merchant Bittiya Sanstha Limited	1	670	670	670	80	53,600	662	8
28	Lord Buddha Financial Institutional Limited	18	400	376	400	340	133,250	369	31
29	Lalitpur Finance Ltd.	2	810	800	810	225	181,000	800	10
30	Life Insurance Co. Nepal	3	680	660	680	200	134,700	660	20
31	Lumbini Bank Ltd.	6	419	412	412	946	394,852	410	2
32	Machhachapuchhre Bank Ltd	9	450	440	441	990	437,170	442	-1
33	Nabil Bank Ltd.	17	4,650	4,530	4,650	1,665	7,668,200	4,544	106
34	Nepal Bangladesh Bank Ltd.	17	267	253	255	8,235	2,115,865	255	0
35	Nepal Credit And Com. Bank	24	336	312	320	7,200	2,343,790	324	-4
36	Nepal Finance and Saving Co.Ltd.	2	410	410	410	50	20,500	410	0
37	National Hydro Power Co.	11	91	88	88	11,600	1,040,100	89	-1
38	Nepal Investment Bank Ltd.	25	1,259	1,234	1,236	3,545	4,411,257	1,212	24
39	Nepal Industrial And Co.Bank	36	1,075	1,002	1,002	5,220	5,396,283	1,044	-42
40	NMB Bank Ltd.	1	434	434	434	100	43,400	426	8
41	Nepal Doorsanchar Company Limited	9	597	565	565	1,220	706,700	555	10
42	Pokhara Finance Ltd.	5	430	422	426	2,650	1,125,940	421	5
43	Pashupati Development Bank Limited	63	510	490	510	1,210	606,980	497	13
44	Reliable Finance Limited	30	720	668	671	850	581,220	655	16
45	Royal Mer. Bank. And Fin	7	555	516	544	938	502,442	506	38
46	Sanima Vikash Bank Ltd.	8	705	685	705	582	402,784	691	14
47	Nepal SBI Bank Limited	18	1,860	1,835	1,845	1,961	3,619,825	1,825	20
48	Siddhartha Bank Limited	7	958	939	950	1,131	1,068,876	940	10
49	Standard Chartered Bank Ltd.	7	5,900	5,900	5,900	430	2,537,000	5,815	85
50	Shikhar Insurance Co. Ltd.	2	331	325	331	470	153,770	323	8
51	Siddhartha Insurance Limited	65	196	195	196	1,180	230,780	196	0
52	Sagarmatha Merchant Banking And Finance Limited	3	724	710	724	30	21,580	711	13
53	Standard Finance Ltd.	36	328	310	325	4,053	1,291,236	322	3

Total Traded Amount Rs.:	77,567,483
Total Traded Shares:	102,797
Total Transactions:	860

Source: www.nepalstock.com
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