18th April, 2012. Wednesday.Vol-2.

Issue-90 MORNING QUOTE: The very first step towards success in any occupation is to become interested in it.
Top Headlines: SC to government: Dont withdraw serious criminal cases. Bins writ against case withdrawal; asks government to amend 1998 working procedures. (Source: The Kathmandu Post) Baidya faction leaders yet to submit 22 pistols. Only 3599 combatants left from integration. Number can go down further. (Source: Republica) Parties seek 5 more days for resolving disputes. Agree on CA vote if issues remain unresolved. (Source: Republica) Economy sees highest growth since CA election. (Source: The Himalayan Times) Per capita income of Nepalis to hit $735 this year. (Source: Republica) For the second time in history, NEPSE tripped two different types of circuit breakers on Tuesday, as the market rose by 4 percent in the second trading hour and subsequently plunged by more than five percent in the final trading hour. (Source: Republica) Capital market regulator, stock exchange and finance secretary held a meeting with agitating investors to discuss possible steps to rescue the market from going further down at finance ministry. (Source: The Himalayan Times) Firms say political unrest No. 1 problem. International Finance Corporations tax compliance cost survey says 71 percent of the business considered political stability as a severe problem followed by electricity and access to finance. (Source: The Kathmandu Post) Morang industries cut production by 80 percent. Industrial corridor is getting just 35 megawatt from India- which is just 50 percent of the total supply on Katiya transmission line. (Source: Republica) NOC starts distribution of LPG consumer cards. (Source: The Kathmandu Post) Guna Air resuming operation by April-end. Unveils plan to add three 40-50 seater aircraft. (Source: Republica) International Business: US candidate chosen to lead the World Bank. (Source: The Kathmandu Post) RBI cuts repo rate by 50 bps; sees little room for more. (Source: The Kathmandu Post) Chinas music industry sings the blues over new copyrights rules. (Source: Republica)

- Sir William Osier

MARKET INFORMATION
As of 5th Baishak, 2069 Index NEPSE Sensitive Float Sen. Float NEPSE Sub-Indices Banking Dev. Bank Hydropower Finance Insurance Others Current Points Change %Change

336.29 85.92 27.02 23.53

-18.22 -4.72 -1.201 -1.36

Current Points Change

-5.13 % -5.21 % -4.26 % -5.47 %

%Change

298.64 -22.04 244.3 255.44 403.45 1.86 0.87 -0.04 531.27 -12.01

-6.87 % 0.77 % -2.21 % 0.34 % -0.01 % -7.39 %

514.63 -41.11

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

103,965,077 277,984 1621 74 317,363.96 Millions 62,994.71 Millions

Floated Market Capitalization Rs:

www.sharesansar.com.np

Source: www.negosida.com.np As of 5th Baishak, 2069

General News: Laxmi Bank has introduced a new home loan scheme at 10 percent interest rate on the occasion of its 10th anniversary. (Source: The Kathmandu Post)

Upcoming Right Share:

Company
NLG Insurance Company Limited

Open Date
20th Baishak 2069

Close Date
24th Jestha 2069

Ratio
2:1

Issue Manager
Civil Capital Market

AGM/ Special AGM: Siddhartha Insurance Company Limited has conducted its AGM. (Source: Karobar Daily) Everest Insurance Co. Limited has announced its 17th Annual General Meeting going to be held on 26th Baisakh 2069. (Source: Kantipur Daily) Financial Highlights: Om Finance Limited has able to earn Rs.55 million net profit upto 3rd quarter of the fiscal year 2068/69. (Source: Arthik Abhiyan) Metro Development Bank Limited has able to earn Rs.22.2 million net profit upto 3rd quarter of the fiscal year 2068/69. (Source: Arthik Abhiyan)

Current and Upcoming IPO:

Company
Summit Micro Finance Dev. Bank Nepal Consumer Dev Bank Lt

Open Date
3rd Baisakh 2069 10th Baishak 2069

Close Date
7th Baisakh 2069 13th Baishak 2069

Close Date (Max)

17th Baisakh 2069 25th Baishak 2069

Issue Manager
Civil Capital Market NMB Capital Ltd / CIT

Unaudited Financial Result of third quarter as at 30/12/2068 of the fiscal year 2068/69 Company Paid Up (Rs. In millions) Reserve Net Profit/Loss (Rs. In Million) Operating Profit/Loss(Rs. In millions) NPL to total Loan(%) EPS (Rs.) PE Ratio(times) Net Worth Per Share Per Share total Asset Value (Rs.) Liquidity Ratio(%) Source City Development Bank 220 68.76 27.09 42.58 0.22 16.42 8.46 131.26 29 Arthik Abhiyan

CAPITAL GAIN:
Long-term capital gains are usually taxed at a lower rate than regular income. This is done to encourage entrepreneurship and investment in the economy. Tax conscious mutual fund investors should determine a mutual fund's unrealized accumulated capital gains, which are expressed as a percentage of its net assets, before investing in a fund with a significant unrealized capital gain component.

For detailed information always log in to:

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Thank You

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