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		'Article' => array(
			'id' => '2725',
			'article_category_id' => '109',
			'title' => 'Mid-term Monetary Review Creates Sell-off In Stocks',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	In an apparent sign of continuing weakness, Nepal stock Exchange Limited (Nepse) index closed nearly 9.15 points lower on Sunday, the first trading day of the week. Declined in the barometer of country&rsquo;s capital market is attributed by fall in the majority sub-indices traded in the day. Along the Nepse, sensitive index which represents share trading of class &lsquo;A&rsquo; listed companies fell 2.22 points. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Out of total seven sub-index traded Sunday, six were in red. The Insurance sub-index was the biggest loser which fell 40.36 points followed by Hydropower sub-index (16.92) and Banking sub-index (11.99 points). Similarly, sub-indices of &lsquo;Others&rsquo;, Hotels and Development Banks fell respectively by 4.7 points, 3.58 points and 3.41 points. In the mean time, Finance sub-index was only the gainer of the day which increased 6.89 points. Sunday around 732 thousand units of shares of 125 companies were traded through 2347 transactions, which worth Rs. 300 million as daily turnover. &nbsp; &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly.jpg" style="width: 550px; height: 354px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Weekly Review</strong></span></div>
<div>
	Nepse index fell 20.05 points last week. The benchmark index which was closed on Sunday due to public holiday started its weekly trading on Monday at 825.70 points and settled down at 805.65 points on the last day (Thursday). After witnessing three straight weeks of gains, Nepse, retreated back last week as investors went to secure their gains through profit-booking strategy.</div>
<div>
	&nbsp;</div>
<div>
	Analysts say that the investment in the domestic market lost steam after the central bank in its mid-term review of monetary policy of FY 2013/14 hinted to the tightening of margin lending against share certificates. In recent months, margin lending has become one of the attractive investment tools in the country&rsquo;s financial sector as the swelling liquidity is leaving the banks without much investment options in real sectors.</div>
<div>
	&nbsp;</div>
<div>
	Similarly, analysts also opine that settlement of political issues regarding the formation of new government has also affected the domestic stock market. Investors were highly encouraged to book their profits that they earned from the stocks that they purchased during post election months. This indicates that the positive impact of new political development by second CA election is fading.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse registered as highest as 811.04 points on the opening day (Monday) and observed lowest level at 800.05 points on Tuesday of the last week. During the last week, 3.69 million units of shares worth Rs 1.19 billion were traded in the stock market through 9,514 transactions. The weekly turnover declined 19.32 per cent while, number of transactions shed 12.98 per cent compared to the previous week. Meanwhile, unit of shares traded rose 3 per cent. Nepal Bank Limited climbed to the top spot in terms of weekly turnover. Similarly, Nabil Balance Fund-1 grabbed the top position in terms of number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top spot as earlier weeks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices saw declining trend last week. Hotels sub-index was the biggest weekly gainer with 37.37 points followed by Hydropower (21.04 points), Insurance (9.85 points) and Finance (0.13 points).</div>
<div>
	&nbsp;</div>
<div>
	&lsquo;Others&rsquo; was seen as the biggest weekly loser as the sub-index declined 16.44 points. Sub-indices of development banks and commercial banks, meanwhile, lost 7.37 points and 6.68 points respectively. Sub-indices of Trading, Manufacturing and processing, meanwhile, remained unchanged for the week. Reflecting the declining trend in major sub-indices, Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies also fell 1.63 points. &nbsp;</div>',
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			'created' => '2014-03-09',
			'modified' => '2014-04-09',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'In an apparent sign of continuing weakness, Nepal stock Exchange Limited (Nepse) index closed nearly 9.15 points lower on Sunday, the first trading day of the week. Declined in the barometer of country’s capital market is attributed by fall in the majority sub-indices traded in the day. Along the Nepse, sensitive index which represents share trading of class ‘A’ listed companies fell 2.22 points.',
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		'Article' => array(
			'id' => '2729',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse (3 - 9 March 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Trend</strong></span></div>
<div>
	After 4 weeks of continued positive gains, Nepse ended this week on a lower note. Declining three of the four trading days, the stock index decreased by 20.05 (-2.43%) to end at 805.65 points the last week. One of the major reasons for the recent downtrend can be attributed to news about the central bank tightening margin lending so as to divert loans into productive sectors. Due to this decrease, Nepse also fell below its immediate support level of 806.82 points which indicates a bearish sentiment in the near term. Though the psychological support level remains at 800.00 points, the next support level is at 769.51 points. However, it is still above its 50-day moving average, which indicates that the market has not entered a bearish trend yet. &nbsp; &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>RSI</strong></span></div>
<div>
	RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. With the decreasing market, the RSI also fell by 16.90 points to settle at 53.28 levels, which indicated a greater selling pressure in recent times. If RSI maintains at this level within the neutral zone, it would indicate a balanced supply and demand scenario for stocks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>MACD</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages, which provides specific buying or selling signals. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy, and vice-versa. On March 04, 2014, the MACD line once again crossed below the Signal line indicating that the overall near term momentum may still be in the downward direction. As of the last trading day of the week, the MACD line and the Signal line ended at 9.72 and 12.32 points respectively, suggesting that the near term moving average is falling at a greater momentum than the longer term moving average.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. In the past week, the OBV indicator has declined at a greater pace when compared to that of Nepse. The recent trend in volume suggests that the market has been in a selling mood this past week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Summary</strong></span></div>
<div>
	<strong>(March 03 to 06, 2014)</strong></div>
<div>
	<strong>Close (March 06):</strong> 805.65</div>
<div>
	<strong>High (March 03):</strong> 811.04</div>
<div>
	<strong>Weekly Change:</strong> -20.05 (-2.43%)</div>
<div>
	<strong>Daily average Turnover:</strong> NPR 298.41 Million</div>
<div>
	<strong>Total Weekly Turnover: </strong>NPR 1193.67 Million</div>
<div>
	<strong>Immediate Support:</strong> 769.51</div>
<div>
	<strong>Immediate Resistance:</strong> 831.86</div>
<div>
	<strong>RSI:</strong> 53.28</div>
<div>
	<strong>MACD Line:</strong> 9.72</div>
<div>
	<strong>Signal Line:</strong> 12.32</div>',
			'published' => true,
			'created' => '2014-03-10',
			'modified' => '2014-03-26',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'After 4 weeks of continued positive gains, Nepse ended this week on a lower note. Declining three of the four trading days, the stock index decreased by 20.05 (-2.43%) to end at 805.65 points the last week. One of the major reasons for the recent downtrend can be attributed to news about the central bank tightening margin lending so as to divert loans into productive sectors.',
			'sortorder' => '2573',
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		'Article' => array(
			'id' => '2686',
			'article_category_id' => '109',
			'title' => 'Nepse Up 3 Points Last Week Most Of The Stocks Traded Range Bound',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepse index went up 3.3 points last week (23rd to 26th February) marking a continuous gain for a straight third week. The benchmark index which opened its weekly trading at 822.67 points on the first day (Sunday) closed at 826.40 points on the last day (Wednesday). The impetus, though weaker than previous week, continued following a bull run after the appointment of new prime minister and formation of a new cabinet.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As the country&rsquo;s secondary market opened for only four days for trading last week saw relatively high volatility even in intra-day trading. The Nepse index remained range bound for the last week except for the first day. On Sunday, the benchmark index rallied to 840 points before closing at 831.86 points. For other days Nepse index traded within the range of 840 and 820 before to close at 826.40 points on Wednesday, the last trading day of the week. Analysts say that the range bound trading of any stock market pose difficulty in predicting the future movement of the marked. Same principle is applicable for individual scripts as well. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A total of 3.58 million units of shares worth Rs 1.47 billion were traded in the domestic stock market through 10,900 transactions. Compared to the previous week, the turnover increased 32.96 per cent whereas, number of transactions went up 16.49 per cent. Similarly, unit of shares traded rose by 25.55 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In terms of weekly turnover, Chilime Hydropower Company Limited climbed to the top spot. Similarly, Citizens Bank International Limited claimed the top position in terms of number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top spot as earlier weeks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Last week marked declining trend in most of the trading sub-indices compared to the previous week. &lsquo;Others&rsquo; sub-index was the biggest weekly gainer with 34.06 points. Likewise, Hydropower was seen as the second biggest gainer (10.26 points), followed by Hotels (7.85 points) and Trading (0.41 points).</div>
<div>
	&nbsp;</div>
<div>
	Insurance was the biggest loser for the week as the sub-index went down 163.04 points. Finance sub-index followed the suit with 25.57 points which was accompanied by Banking (5.95 points) and Development Banks (2.86 points). Manufacturing and processing sub-index, meanwhile, remained unchanged as previous week. For the week, the Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies went down 0.3 points. &nbsp;</div>
<div>
	Last week, shares of 148 companies were transacted in the domestic stock market. Out of them 48 companies saw increase in their share prices, 77 companies logged decline in their share prices and share prices of 23 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly1.jpg" style="width: 550px; height: 360px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-03-02',
			'modified' => '2014-03-10',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepse index went up 3.3 points last week (23rd to 26th February) marking a continuous gain for a straight third week. The benchmark index which opened its weekly trading at 822.67 points on the first day (Sunday) closed at 826.40 points on the last day (Wednesday). The impetus, though weaker than previous week, continued following a bull run after the appointment of new prime minister and formation of a new cabinet.',
			'sortorder' => '2568',
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	(int) 3 => array(
		'Article' => array(
			'id' => '2704',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse (24 February - 2 March 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepse continued its fourth straight week of positive gains as the stock market rose up by 3.03 points (0.38%) last week. The majority of the gains came on Sunday as Nepse gained 9.19 points, which also happened to be the only positive day of the week. The three days that followed saw the market end in the negative zone. However, Nepse is still trading above the 50-day moving average and below the resistance of 847.86. If political climate remains fairly positive along with good financial results from companies, the market may be in further upside in the days to come.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	RSI is one of the leading indicators that are believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. The RSI indicator which was settled at 76.17 levels on February 23 (Sunday) began to steadily decline to end at 70.18 levels by the end of last trading day (Wednesday). This indicator shows that the market is slightly overbought in recent times.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages, which provides specific buying or selling signals. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy, and vice-versa. The MACD indicator, which had been witnessing a declining trend since the third week of January 2014, crossed above the signal line on February 17, 2014. The MACD line is currently trending above the signal line at 15.61 and 13.71 points respectively. This suggests that the near term moving average (or the MACD line) is moving upward with a greater momentum than the longer term moving average (or signal line).</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. In the past week, Nepse increased slightly while the OBV indicator followed a similar pattern. At present, the volume has been supporting the current trend.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Summary</strong></span></div>
<div>
	<strong>(February 23 to 26, 2014)</strong></div>
<div>
	<strong>Close (Feb 26, 2014):</strong> 825.70</div>
<div>
	<strong>High (Feb 23, 2014):</strong> 831.86</div>
<div>
	<strong>Weekly Change:</strong> 3.03 (0.38%)</div>
<div>
	<strong>Daily Average Turnover:</strong> NPR 369.9 Million&nbsp;</div>
<div>
	<strong>Total Weekly Turnover: </strong>NPR 1479.52 Million&nbsp;</div>
<div>
	<strong>Immediate Support:</strong> 806.82</div>
<div>
	<strong>Immediate Resistance:</strong> 847.86</div>
<div>
	<strong>RSI: </strong>70.18</div>
<div>
	<strong>MACD Line:</strong> 15.61</div>
<div>
	<strong>Signal Line:</strong> 13.71</div>',
			'published' => true,
			'created' => '2014-03-03',
			'modified' => '2014-03-10',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepse continued its fourth straight week of positive gains as the stock market rose up by 3.03 points (0.38%) last week. The majority of the gains came on Sunday as Nepse gained 9.19 points, which also happened to be the only positive day of the week.',
			'sortorder' => '2554',
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	(int) 4 => array(
		'Article' => array(
			'id' => '2661',
			'article_category_id' => '109',
			'title' => 'Nepse’s Rally Continues',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index continues to hold to the gains of last week on Sunday. The benchmark index of the country&rsquo;s capital market, which opened at 822.67 points on the first day of its weekly trading, moved 9.19 points up. On Sunday, Nepse rallied to 838 points before settling at 831.86 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Analysts say that the rise in Nepse was attributed to the news about formation of a new cabinet. According to news circulating around the Nepali media sphere on Sunday, &nbsp;a new cabinet will form by this week after a political settlement between Nepali Congress and CPN (UML). Though unconfirmed, the settlement is said to be regarding the portfolio division of home ministry among others.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Sunday&rsquo;s turnover was recorded at Rs 423.13 million. Similarly, a total of 976,585 units of shares of 125 companies were traded in the stock market throughout 2,915 transactions. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices end the day in green territory with Hydropower achieving the position of biggest gainer (87.12 points) followed by Insurance (46.42 points), Finance (12.54 points), Banking (9.19 points) Development Banks (4.15 points) and Hotels (0.92 points). &lsquo;Others&rsquo; sub-index, meanwhile, ended the day in red losing 5.88 points. Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market also rose 1.84 points to close at 180.48 points.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/indices%20(Copy).jpg" style="width: 550px; height: 302px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse Rose 20 Points Last Week</strong></span></div>
<div>
	Nepse continued its impetus as the benchmark index went up 19.56 points last week. Opening its weekly trading on the first day (Sunday) at 803.11 points, Nepse settled at a 63-month high of 822.67 points on the last day (Thursday). Following a bull run after the appointment of Nepali Congress (NC) leader Sushil Koirala as the new Prime Minister of the country, Nepse crossed the resistance level of 806 points last week. On Thursday, the index rallied over 825 points before closing at 822.67. On the commencement of weekly trading (Sunday), Nepse index recorded lowest weekly level at 800.32 points. Despite the on going dispute between NC and CPN (UML) over the portfolio division of key ministries -including the Home Ministry-investors reacted positively to the new political development.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares worth Rs 1.12 billion totalling 2.85 million units were traded in the stock market through 9,386 transactions. The turnover and number of transactions declined 30.71 per cent and 30.43 per cent respectively. &nbsp;Meanwhile, unit of shares traded also decreased 45.58 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Promoter shares of Everest Bank Limited climbed to the top spot in terms of weekly turnover. Similarly, in terms number of share units being transacted for the week, Nabil Balance Fund-1 remained at the number one spot. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices witnessed increase last week. Insurance sub-index was the biggest weekly gainer with 325.53 points. Likewise, Hydropower was the second biggest gainer (88.68 points), followed by Finance (31 points), Development Banks (15 points) and Banking (8.23 points). Hotels was the biggest loser for the week as the trading sub-index saw a decline of 29.99 points which was followed by Manufacturing and Processing (9.6 points). &lsquo;Others&rsquo; sub-index, meanwhile, remained same as previous week. For the week, the Sensitive Index representing the share trading of blue chip stocks belonging toclass &lsquo;A&rsquo; listed companies went up 3.51 points. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Last week, shares of 148 companies were transacted in the domestic stock market. 100 companies observed gain in their share prices while, 28 logged decline. Share prices of 20 companies remained unchanged over the period.</div>',
			'published' => true,
			'created' => '2014-02-24',
			'modified' => '2014-03-03',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index continues to hold to the gains of last week on Sunday. The benchmark index of the country’s capital market, which opened at 822.67 points on the first day of its weekly trading, moved 9.19 points up. On Sunday, Nepse rallied to 838 points before settling at 831.86 points.',
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			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse (17 - 23 February 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive. If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Market Summary</strong></div>
<div>
	<strong>(16 February to 20, 2014)</strong></div>
<div>
	<strong>Close: 822.67</strong></div>
<div>
	<strong>High: 822.67</strong></div>
<div>
	<strong>Weekly Change: 19.57 points (2.44%)</strong></div>
<div>
	<strong>Daily Average Turnover: NPR 278.29 Million</strong></div>
<div>
	<strong>Total Weekly Turnover: NPR 1.11 Billion</strong></div>
<div>
	<strong>Immediate Support: 806.82</strong></div>
<div>
	<strong>Immediate Resistance: 847.86</strong></div>
<div>
	<strong>RSI: 73.30</strong></div>
<div>
	<strong>MACD Line: 12.87</strong></div>
<div>
	<strong>Signal Line: 11.35</strong></div>
<div>
	&nbsp;</div>',
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			'created' => '2014-02-25',
			'modified' => '2014-02-25',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Market Trend
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points.',
			'sortorder' => '2520',
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	(int) 6 => array(
		'Article' => array(
			'id' => '2652',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div class="news_detail">
	<p>
		<strong>Market Trend</strong><br />
		Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
		<br />
		If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
		<br />
		<strong>RSI</strong><br />
		RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
		<br />
		<strong>MACD</strong><br />
		The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
		<br />
		When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
		<br />
		<strong>On Balance Volume (OBV)</strong><br />
		OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
	<p>
		<strong>Market Summary<br />
		(16 February to 20, 2014)<br />
		Close: 822.67<br />
		High: 822.67<br />
		Weekly Change: 19.57 points<br />
		(2.44%)<br />
		Daily Average Turnover:<br />
		NPR 278.29 Million<br />
		Total Weekly Turnover:<br />
		NPR 1.11 Billion<br />
		Immediate Support: 806.82<br />
		Immediate Resistance:<br />
		847.86<br />
		RSI: 73.30<br />
		MACD Line: 12.87<br />
		Signal Line: 11.35</strong><br />
		&nbsp;</p>
</div>
<p>
	&nbsp;</p>',
			'published' => true,
			'created' => '2014-02-23',
			'modified' => '2014-02-23',
			'keywords' => 'money matters of nepal',
			'description' => 'money matters of nepal',
			'sortorder' => '2497',
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	(int) 7 => array(
		'Article' => array(
			'id' => '2614',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis (7 - 16 February 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal&rsquo;s Prime Minister on February 10, 2014. On the same day, Nepse witnessed two circuit breaks gaining more than 4.5%, however, it ended the day up 2.44%. Investor sentiment soured the following day as CPN-UML decided not to join the Congress-led government and instead stay in opposition. Investors remained jittery for remainder of the week though Nepse managed to dole out positive returns. The second quarter earnings so far have been highly positive which should increase investor optimism about dividend expectation in the current fiscal year. During this week, investors may move to investing in the primary market for the IPO of Ridi Hydropower Development Company. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	The positive move in Nepse resonates in the RSI as the indicator increased by 5.19 points from the previous week to end at 66.09 levels. Though RSI is currently maintaining well within the neutral zone, it is gradually approaching the overbought zone. This indicator is being supported by volume which has been stable at an average of NPR 321 Million last week. This implies a relatively stable supply and demand scenario for shares in the secondary market. &nbsp; &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The downward momentum witnessed in the MACD indicator is gradually slowing as the MACD line is close to crossing above the signal line in the near term. The MACD line increased from 8.80 to 10.60 points last week while the Signal line decreased further to 10.80 from 12.53 points. This suggests that the near term moving average is pointing towards slightly increasing upward momentum while the longer term moving average still reflects a lower trend.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. The theory behind OBV is that volume precedes price. In the last week, Nepse increased slightly which is supported by the rising OBV indicator. The increasing pattern of the OBV indicator shows greater market participation when compared to the previous week.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Market Summary" src="/userfiles/images/ms(1).jpg" style="width: 550px; height: 803px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-18',
			'modified' => '2014-02-18',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014.',
			'sortorder' => '2465',
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	(int) 8 => array(
		'Article' => array(
			'id' => '2613',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With Marginal Correction',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country&rsquo;s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points. According to analysts, the decline in Nepse was attributed by the political uncertainty surrounding the formation of new cabinet. Many investors are cautiously looking to the current deadlock seen between Nepali Congress and CPN (UML) over the portfolio division of home ministry.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Along with Nepse index Sunday&rsquo;s turnover of the stock market also decreased to Rs 162.44 million. The fall in daily turnover indicates that the market participation is declining contributed by weaker demand of shares. On Sunday, a total of 691,304 units of shares of 121 companies were traded in the stock market through 2,032 transactions. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the day, Insurance sub-index was the biggest gainer (32.93 points) followed by Hotels (4.31 points) and Development Banks (4.06 points). Meanwhile, Banking sub-index was the biggest loser for the day (6.84 points) which was followed by &lsquo;Others&rsquo; (4.7 points), Finance (2.82 points) and Hydropower (1.9 points). Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market also lost 0.56 points to close at 174.97 points.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Investors Welcome New Government</strong></span></div>
<div>
	After 2 weeks of consecutive decline and a week of sideways trading, Nepse index rose 17.32 (2.2 per cent) points last week. The benchmark index opened its weekly trading on the first day (Sunday) at 785.78 points and settled at 803.10 points on the last day (Thursday). On Monday, Nepse index hit a five and half years high (821 points) before closing down at 803 points. The second day of weekly trading witnessed enforcement of &lsquo;circuit breaker &lsquo; for two times within half-hour after the commencement of intraday trade.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As Sushil Koirala, the leader of Nepali Congress became Prime Minister of the country, investors cheered the new political development. Analysts said that investors positively reacted to the appointment of a liberal democrat who supports open market policies. They, however, warned that the stock market would again see sluggishness if a full cabinet is not formed within few days.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week (9th to 13th February), shares worth Rs 1.60 billion totaling 5.24 million units were traded in the stock market through 13,492 transactions. Compared to the previous week, the turnover and number of transactions rose 32.56 per cent and 2.61 per cent respectively whereas, unit of shares traded went down by 57.07 per cent. Nepse index saw highest level of 821 points and lowest level of 784 points last week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In terms of weekly turnover, Arun Valley Hydropower Development Company Limited remained at the top spot. Likewise, Nabil Balance Fund-1 again stood the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices went up last week. For the week, Hotels sub-index was the biggest gainer with more than 200 points. Similarly, Insurance was the second biggest gainer (188 points), followed by Hydropower (81.02 points) and Finance (12.31 points). Similarly, Banking sub-index rose by 9.81 points whereas, sub-indices of Development Banks and Trading increased 6.71 points and 5.41 points respectively. The Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies, meanwhile, went up 3.42 points last week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares of 149 companies were transacted in the stock market. Share price of 86 companies saw gain while, 41 observed decline. Share prices of 22 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/index.jpg" style="width: 550px; height: 303px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-18',
			'modified' => '2014-02-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points.',
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	(int) 9 => array(
		'Article' => array(
			'id' => '2564',
			'article_category_id' => '109',
			'title' => 'Nepse Recovers Due To Buying Pressure',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	In an apparent sign of recovery of last two weeks loss, Nepal stock Exchange Limited (Nepse) index had increased 4.32 points during the week from February 02 to 06. The benchmark index of country&#39;s capital market which was at 781.46 points on the last Thursday settled at 785.78 points on the last trading day (Thursday) of this week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Analysts say it is a natural recovery as the index was in decreasing trend during the last two weeks. They claim that though most listed companies have declared and distributed cash dividends and bonus shares, many investors are still shying away to invest to their full capacity even at current lower prices. &quot;Once they got the preferred stocks at the lower price, it is obvious to increase the demand for them which in turn boost up the index&rdquo;, said an analyst.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The recovery of stock market seems to have contributed by double-digit growth of hydropower, insurance and development bank sub-indices. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares worth Rs 121.12 billion totalling 3.34 million units were traded in the stock market through 13148 transactions. Compared to the previous week, the turnover, number of transactions and unit of shares traded increased this week. This indicates that the selling pressure is reducing and the buying pressure is building up. Last week, Nepse index logged highest level of 785.78 points and lowest level of 769.51 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Hydropower sub-index gained its position as the biggest gainer with 82.3 points for the week. Similarly, Insurance was the second in the line, which rose 59.53 points followed by Development Bank (16.62 points) and Finance (8.04 points). Similarly, trading sub-index increased by 5.92 points for the week while Manufacturing and Processing&#39;s sub-index remained unchanged throughout the week. The Hotels sub-index continued its losing streak as it was the biggest weekly loser with 7.01 points followed by Banking (1.9 points) and &#39;Others&#39; (1.18 points). Meanwhile, the Sensitive Index representing the share trading of blue chip stocks belonging to class &#39;A&#39; listed companies increased 0.36 points during the week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/index1%20(Copy).jpg" style="width: 550px; height: 368px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-09',
			'modified' => '2014-02-18',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'In an apparent sign of recovery of last two weeks loss, Nepal stock Exchange Limited (Nepse) index had increased 4.32 points during the week from February 02 to 06. The benchmark index of country's capital market which was at 781.46 points on the last Thursday settled at 785.78 points on the last trading day (Thursday) of this week.',
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	(int) 10 => array(
		'Article' => array(
			'id' => '2521',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With A Slow Start',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started its weekly trading in a sluggish manner on Sunday. The benchmark index of the country&rsquo;s capital market, which closed at 785.70 points on the last trading day of previous week settled at 783.68 points. The index fell shy to its earlier gains to edge down 2.02 points on Sunday. According to analysts, weak performance of shares of banks and finance companies contributed to the slow start of Nepse. Often termed as the &lsquo;heavyweight&rsquo; groups, sub-indices of both commercial banks and insurance companies fell on Sunday, weighing down on the overall performance of the stock market.</div>
<div>
	&nbsp;</div>
<div>
	On Sunday, a total of 1,018,870 units of shares of 127 companies were traded in the stock market. The turnover was recorded at Rs. 365.98 million throughout 2625 transactions. The total market capitalization, meanwhile, was registered at Rs 797.17 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the sub-indices observed gain on Sunday. Hydropower sub-index was the highest gainer (11.04 points) followed by Finance (4.64 points), Hotels (2.47 points), &lsquo;Others&rsquo; (1.17 points) and Development Bank (0.63 points). &nbsp;Meanwhile, Banking sub-index was the biggest loser for the day (5.01 points) which was followed by Insurance (2.46 points). For the day, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loss 0.51 points to close at 173.32.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly%20(Copy).jpg" style="width: 550px; height: 355px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse down almost 10 points Last Week</strong></span></div>
<div>
	After two-weeks of consecutive gains, Nepse index marked decline of 9.56 points last week. The benchmark index, which resumed its weekly trading on the first day (Sunday) at 794.64 points settled at 785.7 points on (Thursday). Analysts say that the decline in the stock market index was attributed to the declaration and distribution of dividends of the listed companies. &ldquo;As most of the companies listed in the country&rsquo;s stock market have declared and distributed cash dividends and bonus shares, it is obvious that price of the shares to correct,&rdquo; said one analyst. According to stock market fundamentals, it is natural to have some degree of correction after the distribution of bonus shares and dividends. As the number of shares increases, the net worth per share decreases. Similarly, he opines that despite the weakening of &lsquo;Poush-Masanta effect&rsquo;, many investors are still reluctant to invest to their full capacity at low prices.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the period of 19th to 23rd January, a total of 4.47 million units shares worth Rs 1.99 billion were traded in the stock market. The turnover increased by 28.57 per cent whereas, unit of shares traded rose 41.49 per cent, compared to the previous week. Similarly, the number of transactions went up 31.6 percent which was totaled at 12,914.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepal Bank Limited reached the top spot in terms of weekly turnover. Likewise, the bank also climbed to the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Out of nine sub-indices traded in the week, five saw gain and three witnessed loss. For the week, Hydropower sub-index was the biggest gainer with 38.53 points followed by Development Bank (15.28 points), Manufacturing and Processing (10.38 points), Finance (8.15 points) and Trading (0.76 points). &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The Hotels sub-index was the biggest weekly loser with 40.97 points. Similarly, Insurance sub-index was seen as the second biggest loser (21.87 points) whereas, Banking slide down by 21.64 points. Meanwhile, &lsquo;Others&rsquo; sub-index remained unchanged. For the week, The Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies dipped by 2.5 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 143 companies were transacted in the stock market last week. Out of them, share price of 76 companies observed gain while, 51 saw decline. Share prices of 16 companies remained unchanged over the period.</div>',
			'published' => true,
			'created' => '2014-01-27',
			'modified' => '2014-02-09',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading in a sluggish manner on Sunday. The benchmark index of the country’s capital market, which closed at 785.70 points on the last trading day of previous week settled at 783.68 points. The index fell shy to its earlier gains to edge down 2.02 points on Sunday.',
			'sortorder' => '2409',
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	(int) 11 => array(
		'Article' => array(
			'id' => '2470',
			'article_category_id' => '109',
			'title' => 'Nepse’s Opens Weekly Trading With Marginal Increase',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country&rsquo;s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday&rsquo;s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On Sunday a total of 1,740,135 units of share of 99 companies were traded throughout 1984 transactions. The turnover was recorded at Rs. 732.82 million. &nbsp;Meanwhile, the total market capitalization for the day was registered at Rs 807.84 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On Sunday, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loss 0.15 points to close at 176.51. Hydropower sub-index was the highest gainer (4.87 points) followed by Banking (2.29 points), Finance (1.63 points) and Development Bank (1.44 points). &nbsp;Sub-index of insurance companies was the biggest loser for the day (-12.46 points). Similarly, the sub-indices of &lsquo;Others&rsquo; and Hotels fell 5.87 points and 0.36 points respectively.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse went up 12 Points Last Week</strong></span></div>
<div>
	Nepse index went up 12 points to settle at 794.64 points last week. The index continued its rally throughout last week as the easing of &lsquo;Poush-Masanta effect&rsquo; helped the investors to manage more money for investments. Also, the clearance of income tax payments by many businesses and investors in second quarter brought respite to the market contributing the continuation of Nepse&rsquo;s bull run.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, a total of 3.16 million units shares worth Rs 1.54 billion were traded in the stock market. Compared to the previous week, unit of shares traded declined 10.64 per cent whereas, the turnover increased by 4.09 per cent. Similarly, the number of transactions went down to 9,813 which was 11,776 in the previous week. Last week, number of transaction decreased by 16.76 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Promoter shares of Nabil Bank climbed to the top spot in terms of turnover. Likewise, Nabil Balance Fund-1 remained in the number 1 spot in terms number of units being transacted for the week. Nepal Telecom maintained its top position in terms of market capitalization as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse, which opened at 782.2 points on the first day of weekly trading (Sunday), settled its weekly trading at 794.64 points on (Thursday). Most of the sub-indices of the stock market saw increase in their share prices. Hotels sub-index was the biggest weekly gainer with 110.43 points. The Hydropower sub-index was the second biggest gainer (79.43 points) for the week followed by Insurance (66.46 points), Development Banks (18.59 points) and &lsquo;Others&rsquo; (15.27 points). Similarly, the Banking sub-index gained 4.45 points and Finance rose by 2.48 points. Sub-index of the Trading also went up 1.85 points last week. Manufacturing and Processing, meanwhile, dipped 10.12 points. For the week, the Sensitive Index of class &lsquo;A&rsquo; listed companies gained 2.39 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 137 companies were transacted in the stock market last week. 82 companies observed gain in their share prices while, 34 companies saw decline. Share prices of 21 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/mm1%20(Copy).jpg" style="width: 550px; height: 336px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-01-20',
			'modified' => '2014-01-27',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels.',
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	(int) 12 => array(
		'Article' => array(
			'id' => '2522',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis (20 -26 January 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Averages (50 &amp; 200-day)&nbsp;</strong></span></div>
<div>
	The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div>
<div>
	RSI as a leading indicator RSI is believed to be most effective during periods of sideways movement. In the present context, RSI has been on an overall declining trend suggesting decreasing buying pressure in the market. During the last trading day of the previous week, the RSI closed at 64.11 and has been maintaining within the neutral zone. This suggests that the current market is neither highly over-bought nor over-sold.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Average Convergence-Divergence (MACD)</strong></span></div>
<div>
	Similar to the RSI, the MACD indicator has also been trending lower, however, at a greater momentum. Currently, the MACD chart is showing a form of divergence in Nepse. Since the first week of January, Nepse has been trending upwards while the MACD line has been accelerating in the downward direction. Thus, this can be considered as a bearish sign for Nepse in the near term.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	OBV is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. Nepse reached 795.26 points on January 19, 2014 and then retraced lower. During the same timeframe, OBV also moved lower supporting the trend of Nepse.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Summary&nbsp;</strong></span></div>
<div>
	<strong>(19 &ndash;23 January, 2014)</strong></div>
<div>
	<strong>Close:</strong> 785.70</div>
<div>
	<strong>High:</strong> 795.26</div>
<div>
	<strong>Weekly Change :</strong> -8.94 (-1.13%) &nbsp;&nbsp;</div>
<div>
	<strong>Daily Average Turnover:</strong> NPR 398.1 million</div>
<div>
	<strong>Total Weekly Turnover:</strong> NPR 1990.48 Million</div>
<div>
	<strong>Immediate Support :</strong> 753.17</div>
<div>
	<strong>Immediate Resistance :</strong> 806.82</div>
<div>
	<strong>RSI :</strong> 64.11</div>
<div>
	<strong>MACD Line : </strong>18.98</div>
<div>
	<strong>Signal Line :</strong> 22.89</div>',
			'published' => true,
			'created' => '2014-01-27',
			'modified' => '2014-02-09',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.',
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	(int) 13 => array(
		'Article' => array(
			'id' => '2471',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div>
<div>
	The RSI remained in the overbought zone from November 11, 2013 to December 29, 2013 reaching as high as 92.77 on November 24, 2013. Since then, it retraced slightly and has been hovering in the neutral zone until January 16, the last trading day of week where it ended at 70.60. The positive outcome of election results has provided a boost to investor confidence which has brought huge volume into the secondary market. Many investors who were sitting on the sidelines in the past several years are re-entering the market. Generally, when RSI reaches very high levels, there is a tendency to slide down further. However, this increased volume in the last two months has helped Nepse as well as RSI maintain them in higher levels.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Average Convergence Divergence (MACD)</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages which provides specific buying or selling signals. The MACD line reached its highest point of 48.31 on December 22, 2013 and has been trending lower since. On December 31, 2013, the MACD line breached the signal line and crossed below which triggered a sell signal to market participants. In the past trading week, the MACD line has been moving towards the signal line. If the MACD line crosses above the signal line in the near future, it would present a buy signal. However, if there is no change in the current trend, it may signal further decline in Nepse. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Summary&nbsp;</strong></span></div>
<div>
	<strong>(As of January 16, 2014)</strong></div>
<div>
	<strong>Close:</strong> 794.64</div>
<div>
	<strong>High: </strong>794.64&nbsp;</div>
<div>
	<strong>Weekly Change:</strong> 21.88 (2.83%)&nbsp;</div>
<div>
	<strong>Daily Average Turnover: </strong>NPR 387.02 Million&nbsp;</div>
<div>
	<strong>Total Weekly: </strong>NPR 1548.10 Million&nbsp;</div>
<div>
	<strong>Immediate Support: </strong>753.17</div>
<div>
	<strong>Immediate: </strong>806.82</div>
<div>
	<strong>Relative Strength Index (RSI): </strong>70.60</div>
<div>
	<strong>Moving Average Convergence Divergence (MACD): </strong>23.78 and 27.02</div>',
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			'created' => '2014-01-20',
			'modified' => '2014-01-27',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The RSI remained in the overbought zone from November 11, 2013 to December 29, 2013 reaching as high as 92.77 on November 24, 2013. Since then, it retraced slightly and has been hovering in the neutral zone until January 16, the last trading day of week where it ended at 70.60. The positive outcome of election results has provided a boost to investor confidence which has brought huge volume into the secondary market. Many investors who were sitting on the sidelines in the past several years are re-entering the market.',
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			'id' => '2419',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With A Decline',
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			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Sanjeev Sharma</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) index, the barometer of country&rsquo;s capital market dropped by almost 5.28 points on Sunday, the first trading day of the week. The bench mark index, which was closing at 763.76 on Thursday-- the last trading day of previous week settled at 758.48 points on Sunday. Following the Nepse, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loses 1.39 points to settle at 169.56.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The fall in Nepse Sunday is attributed by decrease in all sub-indices except Finance sub-index traded in the day. Hotel sub-index was the biggest loser with a fall of 45.23 points (4.01%). Similarly, the sub-indices of &lsquo;Other&rsquo;, Hydropower and Commercial banks fell by 15.27, 11.34 points and 4.99 points respectively for the day. The Insurance sub-index loses (2.39 points) followed by Development Banks sub-index (0.52 points) and Trading (0.08 points). &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse Mostly Down for the Week in Thin Trading</strong></span></div>
<div>
	After sharp gains for 6 consecutive weeks, the Nepse index continued its retreat for second week in a row amid thin weekly trading. Nepse closed down by 16.03 points last week. Profit booking strategy of investors along with warnings about the unnatural surge in the index from regulators and top government officials seem to have reined the stock market. Many investors are selling the stocks they bought few months back to secure profit.</div>
<div>
	&nbsp;</div>
<div>
	For the period of 29th December and 3rd January, the number of transactions came down to 11,093 (which was 15,000 last week). In the mean time, altogether 3.6 million units shares that worth Rs 2.27 billion turnovers being sold in the stock market. Last week, Nepse&rsquo;s turnover fell by 36.18 per cent compared to the previous week. Similarly, the number of transaction and number of share traded also declined by 26 per cent and 33 per cent respectively. However, analysts say that the stock market will rise next week as selling pressure in the market is low despite the decline in the index. This indicates that the demand for shares in the lower price is exceeding its supply, which is expected to boost the price in the near term. &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the turnover, shares of the Nepal Bangladesh Bank reached the top spot for the week in the market. Nabil Balance Fund-1, meanwhile, climbed to no one spot in terms of the number of units being traded for the week. Likewise, Nepal Telecom maintained its top spot in terms of market capitalization in the domestic market.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse index which opened at 787.36 points on the first day of weekly trading (Sunday) fell by around 16 points to close at 763.76 on the last day of the week (Thursday). Most of the sub-indices listed in the Nepse witnessed decline in their values last week. According to weekly transaction, the Hotel sub-index was the biggest gainer with a rise of 17.16 points. All other sub-indices followed downward trend. Last week, Hydropower sub-index was the biggest loser (82.05 points). Similarly, the sub-index of insurance sector fell 38.29 points followed by commercial banks (19.9 points), development banks (7.6 points), finance companies (2.45 points). Likewise, the &lsquo;Other&rsquo; sub-index came down by 2.35 points. &nbsp;The Manufacturing sub-index remained unchanged as earlier weeks. The Sensitive Index which represents the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies fell 4.25 points last week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares of 125 companies were traded in the stock market. Share prices of 26 companies observed a gain, while price of 73 companies declined last week. Shares prices of 26 companies remained unchanged over the period.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Nepse Index" src="/userfiles/images/indx%20(Copy)(2).jpg" style="width: 550px; height: 371px; margin-left: 10px; margin-right: 10px;" /></div>',
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			'description' => 'Nepal Stock Exchange Limited (Nepse) index, the barometer of country’s capital market dropped by almost 5.28 points on Sunday, the first trading day of the week. The bench mark index, which was closing at 763.76 on Thursday-- the last trading day of previous week settled at 758.48 points on Sunday. Following the Nepse, Sensitive index representing class ‘A’ listed companies in the secondary market, loses 1.39 points to settle at 169.56.',
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			'id' => '2725',
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	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	In an apparent sign of continuing weakness, Nepal stock Exchange Limited (Nepse) index closed nearly 9.15 points lower on Sunday, the first trading day of the week. Declined in the barometer of country&rsquo;s capital market is attributed by fall in the majority sub-indices traded in the day. Along the Nepse, sensitive index which represents share trading of class &lsquo;A&rsquo; listed companies fell 2.22 points. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Out of total seven sub-index traded Sunday, six were in red. The Insurance sub-index was the biggest loser which fell 40.36 points followed by Hydropower sub-index (16.92) and Banking sub-index (11.99 points). Similarly, sub-indices of &lsquo;Others&rsquo;, Hotels and Development Banks fell respectively by 4.7 points, 3.58 points and 3.41 points. In the mean time, Finance sub-index was only the gainer of the day which increased 6.89 points. Sunday around 732 thousand units of shares of 125 companies were traded through 2347 transactions, which worth Rs. 300 million as daily turnover. &nbsp; &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly.jpg" style="width: 550px; height: 354px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Weekly Review</strong></span></div>
<div>
	Nepse index fell 20.05 points last week. The benchmark index which was closed on Sunday due to public holiday started its weekly trading on Monday at 825.70 points and settled down at 805.65 points on the last day (Thursday). After witnessing three straight weeks of gains, Nepse, retreated back last week as investors went to secure their gains through profit-booking strategy.</div>
<div>
	&nbsp;</div>
<div>
	Analysts say that the investment in the domestic market lost steam after the central bank in its mid-term review of monetary policy of FY 2013/14 hinted to the tightening of margin lending against share certificates. In recent months, margin lending has become one of the attractive investment tools in the country&rsquo;s financial sector as the swelling liquidity is leaving the banks without much investment options in real sectors.</div>
<div>
	&nbsp;</div>
<div>
	Similarly, analysts also opine that settlement of political issues regarding the formation of new government has also affected the domestic stock market. Investors were highly encouraged to book their profits that they earned from the stocks that they purchased during post election months. This indicates that the positive impact of new political development by second CA election is fading.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse registered as highest as 811.04 points on the opening day (Monday) and observed lowest level at 800.05 points on Tuesday of the last week. During the last week, 3.69 million units of shares worth Rs 1.19 billion were traded in the stock market through 9,514 transactions. The weekly turnover declined 19.32 per cent while, number of transactions shed 12.98 per cent compared to the previous week. Meanwhile, unit of shares traded rose 3 per cent. Nepal Bank Limited climbed to the top spot in terms of weekly turnover. Similarly, Nabil Balance Fund-1 grabbed the top position in terms of number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top spot as earlier weeks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices saw declining trend last week. Hotels sub-index was the biggest weekly gainer with 37.37 points followed by Hydropower (21.04 points), Insurance (9.85 points) and Finance (0.13 points).</div>
<div>
	&nbsp;</div>
<div>
	&lsquo;Others&rsquo; was seen as the biggest weekly loser as the sub-index declined 16.44 points. Sub-indices of development banks and commercial banks, meanwhile, lost 7.37 points and 6.68 points respectively. Sub-indices of Trading, Manufacturing and processing, meanwhile, remained unchanged for the week. Reflecting the declining trend in major sub-indices, Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies also fell 1.63 points. &nbsp;</div>',
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			'description' => 'In an apparent sign of continuing weakness, Nepal stock Exchange Limited (Nepse) index closed nearly 9.15 points lower on Sunday, the first trading day of the week. Declined in the barometer of country’s capital market is attributed by fall in the majority sub-indices traded in the day. Along the Nepse, sensitive index which represents share trading of class ‘A’ listed companies fell 2.22 points.',
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	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Trend</strong></span></div>
<div>
	After 4 weeks of continued positive gains, Nepse ended this week on a lower note. Declining three of the four trading days, the stock index decreased by 20.05 (-2.43%) to end at 805.65 points the last week. One of the major reasons for the recent downtrend can be attributed to news about the central bank tightening margin lending so as to divert loans into productive sectors. Due to this decrease, Nepse also fell below its immediate support level of 806.82 points which indicates a bearish sentiment in the near term. Though the psychological support level remains at 800.00 points, the next support level is at 769.51 points. However, it is still above its 50-day moving average, which indicates that the market has not entered a bearish trend yet. &nbsp; &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>RSI</strong></span></div>
<div>
	RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. With the decreasing market, the RSI also fell by 16.90 points to settle at 53.28 levels, which indicated a greater selling pressure in recent times. If RSI maintains at this level within the neutral zone, it would indicate a balanced supply and demand scenario for stocks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>MACD</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages, which provides specific buying or selling signals. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy, and vice-versa. On March 04, 2014, the MACD line once again crossed below the Signal line indicating that the overall near term momentum may still be in the downward direction. As of the last trading day of the week, the MACD line and the Signal line ended at 9.72 and 12.32 points respectively, suggesting that the near term moving average is falling at a greater momentum than the longer term moving average.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. In the past week, the OBV indicator has declined at a greater pace when compared to that of Nepse. The recent trend in volume suggests that the market has been in a selling mood this past week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Summary</strong></span></div>
<div>
	<strong>(March 03 to 06, 2014)</strong></div>
<div>
	<strong>Close (March 06):</strong> 805.65</div>
<div>
	<strong>High (March 03):</strong> 811.04</div>
<div>
	<strong>Weekly Change:</strong> -20.05 (-2.43%)</div>
<div>
	<strong>Daily average Turnover:</strong> NPR 298.41 Million</div>
<div>
	<strong>Total Weekly Turnover: </strong>NPR 1193.67 Million</div>
<div>
	<strong>Immediate Support:</strong> 769.51</div>
<div>
	<strong>Immediate Resistance:</strong> 831.86</div>
<div>
	<strong>RSI:</strong> 53.28</div>
<div>
	<strong>MACD Line:</strong> 9.72</div>
<div>
	<strong>Signal Line:</strong> 12.32</div>',
			'published' => true,
			'created' => '2014-03-10',
			'modified' => '2014-03-26',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'After 4 weeks of continued positive gains, Nepse ended this week on a lower note. Declining three of the four trading days, the stock index decreased by 20.05 (-2.43%) to end at 805.65 points the last week. One of the major reasons for the recent downtrend can be attributed to news about the central bank tightening margin lending so as to divert loans into productive sectors.',
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	(int) 2 => array(
		'Article' => array(
			'id' => '2686',
			'article_category_id' => '109',
			'title' => 'Nepse Up 3 Points Last Week Most Of The Stocks Traded Range Bound',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepse index went up 3.3 points last week (23rd to 26th February) marking a continuous gain for a straight third week. The benchmark index which opened its weekly trading at 822.67 points on the first day (Sunday) closed at 826.40 points on the last day (Wednesday). The impetus, though weaker than previous week, continued following a bull run after the appointment of new prime minister and formation of a new cabinet.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As the country&rsquo;s secondary market opened for only four days for trading last week saw relatively high volatility even in intra-day trading. The Nepse index remained range bound for the last week except for the first day. On Sunday, the benchmark index rallied to 840 points before closing at 831.86 points. For other days Nepse index traded within the range of 840 and 820 before to close at 826.40 points on Wednesday, the last trading day of the week. Analysts say that the range bound trading of any stock market pose difficulty in predicting the future movement of the marked. Same principle is applicable for individual scripts as well. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A total of 3.58 million units of shares worth Rs 1.47 billion were traded in the domestic stock market through 10,900 transactions. Compared to the previous week, the turnover increased 32.96 per cent whereas, number of transactions went up 16.49 per cent. Similarly, unit of shares traded rose by 25.55 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In terms of weekly turnover, Chilime Hydropower Company Limited climbed to the top spot. Similarly, Citizens Bank International Limited claimed the top position in terms of number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top spot as earlier weeks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Last week marked declining trend in most of the trading sub-indices compared to the previous week. &lsquo;Others&rsquo; sub-index was the biggest weekly gainer with 34.06 points. Likewise, Hydropower was seen as the second biggest gainer (10.26 points), followed by Hotels (7.85 points) and Trading (0.41 points).</div>
<div>
	&nbsp;</div>
<div>
	Insurance was the biggest loser for the week as the sub-index went down 163.04 points. Finance sub-index followed the suit with 25.57 points which was accompanied by Banking (5.95 points) and Development Banks (2.86 points). Manufacturing and processing sub-index, meanwhile, remained unchanged as previous week. For the week, the Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies went down 0.3 points. &nbsp;</div>
<div>
	Last week, shares of 148 companies were transacted in the domestic stock market. Out of them 48 companies saw increase in their share prices, 77 companies logged decline in their share prices and share prices of 23 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly1.jpg" style="width: 550px; height: 360px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-03-02',
			'modified' => '2014-03-10',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepse index went up 3.3 points last week (23rd to 26th February) marking a continuous gain for a straight third week. The benchmark index which opened its weekly trading at 822.67 points on the first day (Sunday) closed at 826.40 points on the last day (Wednesday). The impetus, though weaker than previous week, continued following a bull run after the appointment of new prime minister and formation of a new cabinet.',
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	(int) 3 => array(
		'Article' => array(
			'id' => '2704',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse (24 February - 2 March 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepse continued its fourth straight week of positive gains as the stock market rose up by 3.03 points (0.38%) last week. The majority of the gains came on Sunday as Nepse gained 9.19 points, which also happened to be the only positive day of the week. The three days that followed saw the market end in the negative zone. However, Nepse is still trading above the 50-day moving average and below the resistance of 847.86. If political climate remains fairly positive along with good financial results from companies, the market may be in further upside in the days to come.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	RSI is one of the leading indicators that are believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. The RSI indicator which was settled at 76.17 levels on February 23 (Sunday) began to steadily decline to end at 70.18 levels by the end of last trading day (Wednesday). This indicator shows that the market is slightly overbought in recent times.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages, which provides specific buying or selling signals. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy, and vice-versa. The MACD indicator, which had been witnessing a declining trend since the third week of January 2014, crossed above the signal line on February 17, 2014. The MACD line is currently trending above the signal line at 15.61 and 13.71 points respectively. This suggests that the near term moving average (or the MACD line) is moving upward with a greater momentum than the longer term moving average (or signal line).</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. In the past week, Nepse increased slightly while the OBV indicator followed a similar pattern. At present, the volume has been supporting the current trend.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Summary</strong></span></div>
<div>
	<strong>(February 23 to 26, 2014)</strong></div>
<div>
	<strong>Close (Feb 26, 2014):</strong> 825.70</div>
<div>
	<strong>High (Feb 23, 2014):</strong> 831.86</div>
<div>
	<strong>Weekly Change:</strong> 3.03 (0.38%)</div>
<div>
	<strong>Daily Average Turnover:</strong> NPR 369.9 Million&nbsp;</div>
<div>
	<strong>Total Weekly Turnover: </strong>NPR 1479.52 Million&nbsp;</div>
<div>
	<strong>Immediate Support:</strong> 806.82</div>
<div>
	<strong>Immediate Resistance:</strong> 847.86</div>
<div>
	<strong>RSI: </strong>70.18</div>
<div>
	<strong>MACD Line:</strong> 15.61</div>
<div>
	<strong>Signal Line:</strong> 13.71</div>',
			'published' => true,
			'created' => '2014-03-03',
			'modified' => '2014-03-10',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepse continued its fourth straight week of positive gains as the stock market rose up by 3.03 points (0.38%) last week. The majority of the gains came on Sunday as Nepse gained 9.19 points, which also happened to be the only positive day of the week.',
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	(int) 4 => array(
		'Article' => array(
			'id' => '2661',
			'article_category_id' => '109',
			'title' => 'Nepse’s Rally Continues',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index continues to hold to the gains of last week on Sunday. The benchmark index of the country&rsquo;s capital market, which opened at 822.67 points on the first day of its weekly trading, moved 9.19 points up. On Sunday, Nepse rallied to 838 points before settling at 831.86 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Analysts say that the rise in Nepse was attributed to the news about formation of a new cabinet. According to news circulating around the Nepali media sphere on Sunday, &nbsp;a new cabinet will form by this week after a political settlement between Nepali Congress and CPN (UML). Though unconfirmed, the settlement is said to be regarding the portfolio division of home ministry among others.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Sunday&rsquo;s turnover was recorded at Rs 423.13 million. Similarly, a total of 976,585 units of shares of 125 companies were traded in the stock market throughout 2,915 transactions. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices end the day in green territory with Hydropower achieving the position of biggest gainer (87.12 points) followed by Insurance (46.42 points), Finance (12.54 points), Banking (9.19 points) Development Banks (4.15 points) and Hotels (0.92 points). &lsquo;Others&rsquo; sub-index, meanwhile, ended the day in red losing 5.88 points. Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market also rose 1.84 points to close at 180.48 points.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/indices%20(Copy).jpg" style="width: 550px; height: 302px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse Rose 20 Points Last Week</strong></span></div>
<div>
	Nepse continued its impetus as the benchmark index went up 19.56 points last week. Opening its weekly trading on the first day (Sunday) at 803.11 points, Nepse settled at a 63-month high of 822.67 points on the last day (Thursday). Following a bull run after the appointment of Nepali Congress (NC) leader Sushil Koirala as the new Prime Minister of the country, Nepse crossed the resistance level of 806 points last week. On Thursday, the index rallied over 825 points before closing at 822.67. On the commencement of weekly trading (Sunday), Nepse index recorded lowest weekly level at 800.32 points. Despite the on going dispute between NC and CPN (UML) over the portfolio division of key ministries -including the Home Ministry-investors reacted positively to the new political development.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares worth Rs 1.12 billion totalling 2.85 million units were traded in the stock market through 9,386 transactions. The turnover and number of transactions declined 30.71 per cent and 30.43 per cent respectively. &nbsp;Meanwhile, unit of shares traded also decreased 45.58 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Promoter shares of Everest Bank Limited climbed to the top spot in terms of weekly turnover. Similarly, in terms number of share units being transacted for the week, Nabil Balance Fund-1 remained at the number one spot. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices witnessed increase last week. Insurance sub-index was the biggest weekly gainer with 325.53 points. Likewise, Hydropower was the second biggest gainer (88.68 points), followed by Finance (31 points), Development Banks (15 points) and Banking (8.23 points). Hotels was the biggest loser for the week as the trading sub-index saw a decline of 29.99 points which was followed by Manufacturing and Processing (9.6 points). &lsquo;Others&rsquo; sub-index, meanwhile, remained same as previous week. For the week, the Sensitive Index representing the share trading of blue chip stocks belonging toclass &lsquo;A&rsquo; listed companies went up 3.51 points. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Last week, shares of 148 companies were transacted in the domestic stock market. 100 companies observed gain in their share prices while, 28 logged decline. Share prices of 20 companies remained unchanged over the period.</div>',
			'published' => true,
			'created' => '2014-02-24',
			'modified' => '2014-03-03',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index continues to hold to the gains of last week on Sunday. The benchmark index of the country’s capital market, which opened at 822.67 points on the first day of its weekly trading, moved 9.19 points up. On Sunday, Nepse rallied to 838 points before settling at 831.86 points.',
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	(int) 5 => array(
		'Article' => array(
			'id' => '2677',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse (17 - 23 February 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive. If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Market Summary</strong></div>
<div>
	<strong>(16 February to 20, 2014)</strong></div>
<div>
	<strong>Close: 822.67</strong></div>
<div>
	<strong>High: 822.67</strong></div>
<div>
	<strong>Weekly Change: 19.57 points (2.44%)</strong></div>
<div>
	<strong>Daily Average Turnover: NPR 278.29 Million</strong></div>
<div>
	<strong>Total Weekly Turnover: NPR 1.11 Billion</strong></div>
<div>
	<strong>Immediate Support: 806.82</strong></div>
<div>
	<strong>Immediate Resistance: 847.86</strong></div>
<div>
	<strong>RSI: 73.30</strong></div>
<div>
	<strong>MACD Line: 12.87</strong></div>
<div>
	<strong>Signal Line: 11.35</strong></div>
<div>
	&nbsp;</div>',
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			'created' => '2014-02-25',
			'modified' => '2014-02-25',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Market Trend
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points.',
			'sortorder' => '2520',
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	(int) 6 => array(
		'Article' => array(
			'id' => '2652',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div class="news_detail">
	<p>
		<strong>Market Trend</strong><br />
		Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
		<br />
		If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
		<br />
		<strong>RSI</strong><br />
		RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
		<br />
		<strong>MACD</strong><br />
		The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
		<br />
		When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
		<br />
		<strong>On Balance Volume (OBV)</strong><br />
		OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
	<p>
		<strong>Market Summary<br />
		(16 February to 20, 2014)<br />
		Close: 822.67<br />
		High: 822.67<br />
		Weekly Change: 19.57 points<br />
		(2.44%)<br />
		Daily Average Turnover:<br />
		NPR 278.29 Million<br />
		Total Weekly Turnover:<br />
		NPR 1.11 Billion<br />
		Immediate Support: 806.82<br />
		Immediate Resistance:<br />
		847.86<br />
		RSI: 73.30<br />
		MACD Line: 12.87<br />
		Signal Line: 11.35</strong><br />
		&nbsp;</p>
</div>
<p>
	&nbsp;</p>',
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			'created' => '2014-02-23',
			'modified' => '2014-02-23',
			'keywords' => 'money matters of nepal',
			'description' => 'money matters of nepal',
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	(int) 7 => array(
		'Article' => array(
			'id' => '2614',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis (7 - 16 February 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal&rsquo;s Prime Minister on February 10, 2014. On the same day, Nepse witnessed two circuit breaks gaining more than 4.5%, however, it ended the day up 2.44%. Investor sentiment soured the following day as CPN-UML decided not to join the Congress-led government and instead stay in opposition. Investors remained jittery for remainder of the week though Nepse managed to dole out positive returns. The second quarter earnings so far have been highly positive which should increase investor optimism about dividend expectation in the current fiscal year. During this week, investors may move to investing in the primary market for the IPO of Ridi Hydropower Development Company. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	The positive move in Nepse resonates in the RSI as the indicator increased by 5.19 points from the previous week to end at 66.09 levels. Though RSI is currently maintaining well within the neutral zone, it is gradually approaching the overbought zone. This indicator is being supported by volume which has been stable at an average of NPR 321 Million last week. This implies a relatively stable supply and demand scenario for shares in the secondary market. &nbsp; &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The downward momentum witnessed in the MACD indicator is gradually slowing as the MACD line is close to crossing above the signal line in the near term. The MACD line increased from 8.80 to 10.60 points last week while the Signal line decreased further to 10.80 from 12.53 points. This suggests that the near term moving average is pointing towards slightly increasing upward momentum while the longer term moving average still reflects a lower trend.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. The theory behind OBV is that volume precedes price. In the last week, Nepse increased slightly which is supported by the rising OBV indicator. The increasing pattern of the OBV indicator shows greater market participation when compared to the previous week.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Market Summary" src="/userfiles/images/ms(1).jpg" style="width: 550px; height: 803px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-18',
			'modified' => '2014-02-18',
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			'description' => 'Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014.',
			'sortorder' => '2465',
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	(int) 8 => array(
		'Article' => array(
			'id' => '2613',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With Marginal Correction',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country&rsquo;s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points. According to analysts, the decline in Nepse was attributed by the political uncertainty surrounding the formation of new cabinet. Many investors are cautiously looking to the current deadlock seen between Nepali Congress and CPN (UML) over the portfolio division of home ministry.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Along with Nepse index Sunday&rsquo;s turnover of the stock market also decreased to Rs 162.44 million. The fall in daily turnover indicates that the market participation is declining contributed by weaker demand of shares. On Sunday, a total of 691,304 units of shares of 121 companies were traded in the stock market through 2,032 transactions. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the day, Insurance sub-index was the biggest gainer (32.93 points) followed by Hotels (4.31 points) and Development Banks (4.06 points). Meanwhile, Banking sub-index was the biggest loser for the day (6.84 points) which was followed by &lsquo;Others&rsquo; (4.7 points), Finance (2.82 points) and Hydropower (1.9 points). Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market also lost 0.56 points to close at 174.97 points.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Investors Welcome New Government</strong></span></div>
<div>
	After 2 weeks of consecutive decline and a week of sideways trading, Nepse index rose 17.32 (2.2 per cent) points last week. The benchmark index opened its weekly trading on the first day (Sunday) at 785.78 points and settled at 803.10 points on the last day (Thursday). On Monday, Nepse index hit a five and half years high (821 points) before closing down at 803 points. The second day of weekly trading witnessed enforcement of &lsquo;circuit breaker &lsquo; for two times within half-hour after the commencement of intraday trade.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As Sushil Koirala, the leader of Nepali Congress became Prime Minister of the country, investors cheered the new political development. Analysts said that investors positively reacted to the appointment of a liberal democrat who supports open market policies. They, however, warned that the stock market would again see sluggishness if a full cabinet is not formed within few days.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week (9th to 13th February), shares worth Rs 1.60 billion totaling 5.24 million units were traded in the stock market through 13,492 transactions. Compared to the previous week, the turnover and number of transactions rose 32.56 per cent and 2.61 per cent respectively whereas, unit of shares traded went down by 57.07 per cent. Nepse index saw highest level of 821 points and lowest level of 784 points last week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In terms of weekly turnover, Arun Valley Hydropower Development Company Limited remained at the top spot. Likewise, Nabil Balance Fund-1 again stood the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices went up last week. For the week, Hotels sub-index was the biggest gainer with more than 200 points. Similarly, Insurance was the second biggest gainer (188 points), followed by Hydropower (81.02 points) and Finance (12.31 points). Similarly, Banking sub-index rose by 9.81 points whereas, sub-indices of Development Banks and Trading increased 6.71 points and 5.41 points respectively. The Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies, meanwhile, went up 3.42 points last week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares of 149 companies were transacted in the stock market. Share price of 86 companies saw gain while, 41 observed decline. Share prices of 22 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/index.jpg" style="width: 550px; height: 303px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-18',
			'modified' => '2014-02-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points.',
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	(int) 9 => array(
		'Article' => array(
			'id' => '2564',
			'article_category_id' => '109',
			'title' => 'Nepse Recovers Due To Buying Pressure',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	In an apparent sign of recovery of last two weeks loss, Nepal stock Exchange Limited (Nepse) index had increased 4.32 points during the week from February 02 to 06. The benchmark index of country&#39;s capital market which was at 781.46 points on the last Thursday settled at 785.78 points on the last trading day (Thursday) of this week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Analysts say it is a natural recovery as the index was in decreasing trend during the last two weeks. They claim that though most listed companies have declared and distributed cash dividends and bonus shares, many investors are still shying away to invest to their full capacity even at current lower prices. &quot;Once they got the preferred stocks at the lower price, it is obvious to increase the demand for them which in turn boost up the index&rdquo;, said an analyst.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The recovery of stock market seems to have contributed by double-digit growth of hydropower, insurance and development bank sub-indices. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares worth Rs 121.12 billion totalling 3.34 million units were traded in the stock market through 13148 transactions. Compared to the previous week, the turnover, number of transactions and unit of shares traded increased this week. This indicates that the selling pressure is reducing and the buying pressure is building up. Last week, Nepse index logged highest level of 785.78 points and lowest level of 769.51 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Hydropower sub-index gained its position as the biggest gainer with 82.3 points for the week. Similarly, Insurance was the second in the line, which rose 59.53 points followed by Development Bank (16.62 points) and Finance (8.04 points). Similarly, trading sub-index increased by 5.92 points for the week while Manufacturing and Processing&#39;s sub-index remained unchanged throughout the week. The Hotels sub-index continued its losing streak as it was the biggest weekly loser with 7.01 points followed by Banking (1.9 points) and &#39;Others&#39; (1.18 points). Meanwhile, the Sensitive Index representing the share trading of blue chip stocks belonging to class &#39;A&#39; listed companies increased 0.36 points during the week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/index1%20(Copy).jpg" style="width: 550px; height: 368px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-09',
			'modified' => '2014-02-18',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'In an apparent sign of recovery of last two weeks loss, Nepal stock Exchange Limited (Nepse) index had increased 4.32 points during the week from February 02 to 06. The benchmark index of country's capital market which was at 781.46 points on the last Thursday settled at 785.78 points on the last trading day (Thursday) of this week.',
			'sortorder' => '2432',
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	(int) 10 => array(
		'Article' => array(
			'id' => '2521',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With A Slow Start',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started its weekly trading in a sluggish manner on Sunday. The benchmark index of the country&rsquo;s capital market, which closed at 785.70 points on the last trading day of previous week settled at 783.68 points. The index fell shy to its earlier gains to edge down 2.02 points on Sunday. According to analysts, weak performance of shares of banks and finance companies contributed to the slow start of Nepse. Often termed as the &lsquo;heavyweight&rsquo; groups, sub-indices of both commercial banks and insurance companies fell on Sunday, weighing down on the overall performance of the stock market.</div>
<div>
	&nbsp;</div>
<div>
	On Sunday, a total of 1,018,870 units of shares of 127 companies were traded in the stock market. The turnover was recorded at Rs. 365.98 million throughout 2625 transactions. The total market capitalization, meanwhile, was registered at Rs 797.17 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the sub-indices observed gain on Sunday. Hydropower sub-index was the highest gainer (11.04 points) followed by Finance (4.64 points), Hotels (2.47 points), &lsquo;Others&rsquo; (1.17 points) and Development Bank (0.63 points). &nbsp;Meanwhile, Banking sub-index was the biggest loser for the day (5.01 points) which was followed by Insurance (2.46 points). For the day, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loss 0.51 points to close at 173.32.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly%20(Copy).jpg" style="width: 550px; height: 355px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse down almost 10 points Last Week</strong></span></div>
<div>
	After two-weeks of consecutive gains, Nepse index marked decline of 9.56 points last week. The benchmark index, which resumed its weekly trading on the first day (Sunday) at 794.64 points settled at 785.7 points on (Thursday). Analysts say that the decline in the stock market index was attributed to the declaration and distribution of dividends of the listed companies. &ldquo;As most of the companies listed in the country&rsquo;s stock market have declared and distributed cash dividends and bonus shares, it is obvious that price of the shares to correct,&rdquo; said one analyst. According to stock market fundamentals, it is natural to have some degree of correction after the distribution of bonus shares and dividends. As the number of shares increases, the net worth per share decreases. Similarly, he opines that despite the weakening of &lsquo;Poush-Masanta effect&rsquo;, many investors are still reluctant to invest to their full capacity at low prices.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the period of 19th to 23rd January, a total of 4.47 million units shares worth Rs 1.99 billion were traded in the stock market. The turnover increased by 28.57 per cent whereas, unit of shares traded rose 41.49 per cent, compared to the previous week. Similarly, the number of transactions went up 31.6 percent which was totaled at 12,914.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepal Bank Limited reached the top spot in terms of weekly turnover. Likewise, the bank also climbed to the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Out of nine sub-indices traded in the week, five saw gain and three witnessed loss. For the week, Hydropower sub-index was the biggest gainer with 38.53 points followed by Development Bank (15.28 points), Manufacturing and Processing (10.38 points), Finance (8.15 points) and Trading (0.76 points). &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The Hotels sub-index was the biggest weekly loser with 40.97 points. Similarly, Insurance sub-index was seen as the second biggest loser (21.87 points) whereas, Banking slide down by 21.64 points. Meanwhile, &lsquo;Others&rsquo; sub-index remained unchanged. For the week, The Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies dipped by 2.5 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 143 companies were transacted in the stock market last week. Out of them, share price of 76 companies observed gain while, 51 saw decline. Share prices of 16 companies remained unchanged over the period.</div>',
			'published' => true,
			'created' => '2014-01-27',
			'modified' => '2014-02-09',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading in a sluggish manner on Sunday. The benchmark index of the country’s capital market, which closed at 785.70 points on the last trading day of previous week settled at 783.68 points. The index fell shy to its earlier gains to edge down 2.02 points on Sunday.',
			'sortorder' => '2409',
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	(int) 11 => array(
		'Article' => array(
			'id' => '2470',
			'article_category_id' => '109',
			'title' => 'Nepse’s Opens Weekly Trading With Marginal Increase',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country&rsquo;s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday&rsquo;s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On Sunday a total of 1,740,135 units of share of 99 companies were traded throughout 1984 transactions. The turnover was recorded at Rs. 732.82 million. &nbsp;Meanwhile, the total market capitalization for the day was registered at Rs 807.84 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On Sunday, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loss 0.15 points to close at 176.51. Hydropower sub-index was the highest gainer (4.87 points) followed by Banking (2.29 points), Finance (1.63 points) and Development Bank (1.44 points). &nbsp;Sub-index of insurance companies was the biggest loser for the day (-12.46 points). Similarly, the sub-indices of &lsquo;Others&rsquo; and Hotels fell 5.87 points and 0.36 points respectively.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse went up 12 Points Last Week</strong></span></div>
<div>
	Nepse index went up 12 points to settle at 794.64 points last week. The index continued its rally throughout last week as the easing of &lsquo;Poush-Masanta effect&rsquo; helped the investors to manage more money for investments. Also, the clearance of income tax payments by many businesses and investors in second quarter brought respite to the market contributing the continuation of Nepse&rsquo;s bull run.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, a total of 3.16 million units shares worth Rs 1.54 billion were traded in the stock market. Compared to the previous week, unit of shares traded declined 10.64 per cent whereas, the turnover increased by 4.09 per cent. Similarly, the number of transactions went down to 9,813 which was 11,776 in the previous week. Last week, number of transaction decreased by 16.76 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Promoter shares of Nabil Bank climbed to the top spot in terms of turnover. Likewise, Nabil Balance Fund-1 remained in the number 1 spot in terms number of units being transacted for the week. Nepal Telecom maintained its top position in terms of market capitalization as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse, which opened at 782.2 points on the first day of weekly trading (Sunday), settled its weekly trading at 794.64 points on (Thursday). Most of the sub-indices of the stock market saw increase in their share prices. Hotels sub-index was the biggest weekly gainer with 110.43 points. The Hydropower sub-index was the second biggest gainer (79.43 points) for the week followed by Insurance (66.46 points), Development Banks (18.59 points) and &lsquo;Others&rsquo; (15.27 points). Similarly, the Banking sub-index gained 4.45 points and Finance rose by 2.48 points. Sub-index of the Trading also went up 1.85 points last week. Manufacturing and Processing, meanwhile, dipped 10.12 points. For the week, the Sensitive Index of class &lsquo;A&rsquo; listed companies gained 2.39 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 137 companies were transacted in the stock market last week. 82 companies observed gain in their share prices while, 34 companies saw decline. Share prices of 21 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/mm1%20(Copy).jpg" style="width: 550px; height: 336px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-01-20',
			'modified' => '2014-01-27',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels.',
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	(int) 12 => array(
		'Article' => array(
			'id' => '2522',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis (20 -26 January 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Averages (50 &amp; 200-day)&nbsp;</strong></span></div>
<div>
	The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div>
<div>
	RSI as a leading indicator RSI is believed to be most effective during periods of sideways movement. In the present context, RSI has been on an overall declining trend suggesting decreasing buying pressure in the market. During the last trading day of the previous week, the RSI closed at 64.11 and has been maintaining within the neutral zone. This suggests that the current market is neither highly over-bought nor over-sold.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Average Convergence-Divergence (MACD)</strong></span></div>
<div>
	Similar to the RSI, the MACD indicator has also been trending lower, however, at a greater momentum. Currently, the MACD chart is showing a form of divergence in Nepse. Since the first week of January, Nepse has been trending upwards while the MACD line has been accelerating in the downward direction. Thus, this can be considered as a bearish sign for Nepse in the near term.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	OBV is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. Nepse reached 795.26 points on January 19, 2014 and then retraced lower. During the same timeframe, OBV also moved lower supporting the trend of Nepse.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Summary&nbsp;</strong></span></div>
<div>
	<strong>(19 &ndash;23 January, 2014)</strong></div>
<div>
	<strong>Close:</strong> 785.70</div>
<div>
	<strong>High:</strong> 795.26</div>
<div>
	<strong>Weekly Change :</strong> -8.94 (-1.13%) &nbsp;&nbsp;</div>
<div>
	<strong>Daily Average Turnover:</strong> NPR 398.1 million</div>
<div>
	<strong>Total Weekly Turnover:</strong> NPR 1990.48 Million</div>
<div>
	<strong>Immediate Support :</strong> 753.17</div>
<div>
	<strong>Immediate Resistance :</strong> 806.82</div>
<div>
	<strong>RSI :</strong> 64.11</div>
<div>
	<strong>MACD Line : </strong>18.98</div>
<div>
	<strong>Signal Line :</strong> 22.89</div>',
			'published' => true,
			'created' => '2014-01-27',
			'modified' => '2014-02-09',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.',
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	(int) 13 => array(
		'Article' => array(
			'id' => '2471',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div>
<div>
	The RSI remained in the overbought zone from November 11, 2013 to December 29, 2013 reaching as high as 92.77 on November 24, 2013. Since then, it retraced slightly and has been hovering in the neutral zone until January 16, the last trading day of week where it ended at 70.60. The positive outcome of election results has provided a boost to investor confidence which has brought huge volume into the secondary market. Many investors who were sitting on the sidelines in the past several years are re-entering the market. Generally, when RSI reaches very high levels, there is a tendency to slide down further. However, this increased volume in the last two months has helped Nepse as well as RSI maintain them in higher levels.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Average Convergence Divergence (MACD)</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages which provides specific buying or selling signals. The MACD line reached its highest point of 48.31 on December 22, 2013 and has been trending lower since. On December 31, 2013, the MACD line breached the signal line and crossed below which triggered a sell signal to market participants. In the past trading week, the MACD line has been moving towards the signal line. If the MACD line crosses above the signal line in the near future, it would present a buy signal. However, if there is no change in the current trend, it may signal further decline in Nepse. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Summary&nbsp;</strong></span></div>
<div>
	<strong>(As of January 16, 2014)</strong></div>
<div>
	<strong>Close:</strong> 794.64</div>
<div>
	<strong>High: </strong>794.64&nbsp;</div>
<div>
	<strong>Weekly Change:</strong> 21.88 (2.83%)&nbsp;</div>
<div>
	<strong>Daily Average Turnover: </strong>NPR 387.02 Million&nbsp;</div>
<div>
	<strong>Total Weekly: </strong>NPR 1548.10 Million&nbsp;</div>
<div>
	<strong>Immediate Support: </strong>753.17</div>
<div>
	<strong>Immediate: </strong>806.82</div>
<div>
	<strong>Relative Strength Index (RSI): </strong>70.60</div>
<div>
	<strong>Moving Average Convergence Divergence (MACD): </strong>23.78 and 27.02</div>',
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			'created' => '2014-01-20',
			'modified' => '2014-01-27',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The RSI remained in the overbought zone from November 11, 2013 to December 29, 2013 reaching as high as 92.77 on November 24, 2013. Since then, it retraced slightly and has been hovering in the neutral zone until January 16, the last trading day of week where it ended at 70.60. The positive outcome of election results has provided a boost to investor confidence which has brought huge volume into the secondary market. Many investors who were sitting on the sidelines in the past several years are re-entering the market.',
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		'Article' => array(
			'id' => '2419',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With A Decline',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Sanjeev Sharma</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) index, the barometer of country&rsquo;s capital market dropped by almost 5.28 points on Sunday, the first trading day of the week. The bench mark index, which was closing at 763.76 on Thursday-- the last trading day of previous week settled at 758.48 points on Sunday. Following the Nepse, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loses 1.39 points to settle at 169.56.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The fall in Nepse Sunday is attributed by decrease in all sub-indices except Finance sub-index traded in the day. Hotel sub-index was the biggest loser with a fall of 45.23 points (4.01%). Similarly, the sub-indices of &lsquo;Other&rsquo;, Hydropower and Commercial banks fell by 15.27, 11.34 points and 4.99 points respectively for the day. The Insurance sub-index loses (2.39 points) followed by Development Banks sub-index (0.52 points) and Trading (0.08 points). &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse Mostly Down for the Week in Thin Trading</strong></span></div>
<div>
	After sharp gains for 6 consecutive weeks, the Nepse index continued its retreat for second week in a row amid thin weekly trading. Nepse closed down by 16.03 points last week. Profit booking strategy of investors along with warnings about the unnatural surge in the index from regulators and top government officials seem to have reined the stock market. Many investors are selling the stocks they bought few months back to secure profit.</div>
<div>
	&nbsp;</div>
<div>
	For the period of 29th December and 3rd January, the number of transactions came down to 11,093 (which was 15,000 last week). In the mean time, altogether 3.6 million units shares that worth Rs 2.27 billion turnovers being sold in the stock market. Last week, Nepse&rsquo;s turnover fell by 36.18 per cent compared to the previous week. Similarly, the number of transaction and number of share traded also declined by 26 per cent and 33 per cent respectively. However, analysts say that the stock market will rise next week as selling pressure in the market is low despite the decline in the index. This indicates that the demand for shares in the lower price is exceeding its supply, which is expected to boost the price in the near term. &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the turnover, shares of the Nepal Bangladesh Bank reached the top spot for the week in the market. Nabil Balance Fund-1, meanwhile, climbed to no one spot in terms of the number of units being traded for the week. Likewise, Nepal Telecom maintained its top spot in terms of market capitalization in the domestic market.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse index which opened at 787.36 points on the first day of weekly trading (Sunday) fell by around 16 points to close at 763.76 on the last day of the week (Thursday). Most of the sub-indices listed in the Nepse witnessed decline in their values last week. According to weekly transaction, the Hotel sub-index was the biggest gainer with a rise of 17.16 points. All other sub-indices followed downward trend. Last week, Hydropower sub-index was the biggest loser (82.05 points). Similarly, the sub-index of insurance sector fell 38.29 points followed by commercial banks (19.9 points), development banks (7.6 points), finance companies (2.45 points). Likewise, the &lsquo;Other&rsquo; sub-index came down by 2.35 points. &nbsp;The Manufacturing sub-index remained unchanged as earlier weeks. The Sensitive Index which represents the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies fell 4.25 points last week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares of 125 companies were traded in the stock market. Share prices of 26 companies observed a gain, while price of 73 companies declined last week. Shares prices of 26 companies remained unchanged over the period.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Nepse Index" src="/userfiles/images/indx%20(Copy)(2).jpg" style="width: 550px; height: 371px; margin-left: 10px; margin-right: 10px;" /></div>',
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			'description' => 'Nepal Stock Exchange Limited (Nepse) index, the barometer of country’s capital market dropped by almost 5.28 points on Sunday, the first trading day of the week. The bench mark index, which was closing at 763.76 on Thursday-- the last trading day of previous week settled at 758.48 points on Sunday. Following the Nepse, Sensitive index representing class ‘A’ listed companies in the secondary market, loses 1.39 points to settle at 169.56.',
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		'Article' => array(
			'id' => '2725',
			'article_category_id' => '109',
			'title' => 'Mid-term Monetary Review Creates Sell-off In Stocks',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	In an apparent sign of continuing weakness, Nepal stock Exchange Limited (Nepse) index closed nearly 9.15 points lower on Sunday, the first trading day of the week. Declined in the barometer of country&rsquo;s capital market is attributed by fall in the majority sub-indices traded in the day. Along the Nepse, sensitive index which represents share trading of class &lsquo;A&rsquo; listed companies fell 2.22 points. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Out of total seven sub-index traded Sunday, six were in red. The Insurance sub-index was the biggest loser which fell 40.36 points followed by Hydropower sub-index (16.92) and Banking sub-index (11.99 points). Similarly, sub-indices of &lsquo;Others&rsquo;, Hotels and Development Banks fell respectively by 4.7 points, 3.58 points and 3.41 points. In the mean time, Finance sub-index was only the gainer of the day which increased 6.89 points. Sunday around 732 thousand units of shares of 125 companies were traded through 2347 transactions, which worth Rs. 300 million as daily turnover. &nbsp; &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly.jpg" style="width: 550px; height: 354px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Weekly Review</strong></span></div>
<div>
	Nepse index fell 20.05 points last week. The benchmark index which was closed on Sunday due to public holiday started its weekly trading on Monday at 825.70 points and settled down at 805.65 points on the last day (Thursday). After witnessing three straight weeks of gains, Nepse, retreated back last week as investors went to secure their gains through profit-booking strategy.</div>
<div>
	&nbsp;</div>
<div>
	Analysts say that the investment in the domestic market lost steam after the central bank in its mid-term review of monetary policy of FY 2013/14 hinted to the tightening of margin lending against share certificates. In recent months, margin lending has become one of the attractive investment tools in the country&rsquo;s financial sector as the swelling liquidity is leaving the banks without much investment options in real sectors.</div>
<div>
	&nbsp;</div>
<div>
	Similarly, analysts also opine that settlement of political issues regarding the formation of new government has also affected the domestic stock market. Investors were highly encouraged to book their profits that they earned from the stocks that they purchased during post election months. This indicates that the positive impact of new political development by second CA election is fading.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse registered as highest as 811.04 points on the opening day (Monday) and observed lowest level at 800.05 points on Tuesday of the last week. During the last week, 3.69 million units of shares worth Rs 1.19 billion were traded in the stock market through 9,514 transactions. The weekly turnover declined 19.32 per cent while, number of transactions shed 12.98 per cent compared to the previous week. Meanwhile, unit of shares traded rose 3 per cent. Nepal Bank Limited climbed to the top spot in terms of weekly turnover. Similarly, Nabil Balance Fund-1 grabbed the top position in terms of number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top spot as earlier weeks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices saw declining trend last week. Hotels sub-index was the biggest weekly gainer with 37.37 points followed by Hydropower (21.04 points), Insurance (9.85 points) and Finance (0.13 points).</div>
<div>
	&nbsp;</div>
<div>
	&lsquo;Others&rsquo; was seen as the biggest weekly loser as the sub-index declined 16.44 points. Sub-indices of development banks and commercial banks, meanwhile, lost 7.37 points and 6.68 points respectively. Sub-indices of Trading, Manufacturing and processing, meanwhile, remained unchanged for the week. Reflecting the declining trend in major sub-indices, Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies also fell 1.63 points. &nbsp;</div>',
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			'description' => 'In an apparent sign of continuing weakness, Nepal stock Exchange Limited (Nepse) index closed nearly 9.15 points lower on Sunday, the first trading day of the week. Declined in the barometer of country’s capital market is attributed by fall in the majority sub-indices traded in the day. Along the Nepse, sensitive index which represents share trading of class ‘A’ listed companies fell 2.22 points.',
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			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse (3 - 9 March 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Trend</strong></span></div>
<div>
	After 4 weeks of continued positive gains, Nepse ended this week on a lower note. Declining three of the four trading days, the stock index decreased by 20.05 (-2.43%) to end at 805.65 points the last week. One of the major reasons for the recent downtrend can be attributed to news about the central bank tightening margin lending so as to divert loans into productive sectors. Due to this decrease, Nepse also fell below its immediate support level of 806.82 points which indicates a bearish sentiment in the near term. Though the psychological support level remains at 800.00 points, the next support level is at 769.51 points. However, it is still above its 50-day moving average, which indicates that the market has not entered a bearish trend yet. &nbsp; &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>RSI</strong></span></div>
<div>
	RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. With the decreasing market, the RSI also fell by 16.90 points to settle at 53.28 levels, which indicated a greater selling pressure in recent times. If RSI maintains at this level within the neutral zone, it would indicate a balanced supply and demand scenario for stocks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>MACD</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages, which provides specific buying or selling signals. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy, and vice-versa. On March 04, 2014, the MACD line once again crossed below the Signal line indicating that the overall near term momentum may still be in the downward direction. As of the last trading day of the week, the MACD line and the Signal line ended at 9.72 and 12.32 points respectively, suggesting that the near term moving average is falling at a greater momentum than the longer term moving average.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. In the past week, the OBV indicator has declined at a greater pace when compared to that of Nepse. The recent trend in volume suggests that the market has been in a selling mood this past week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Summary</strong></span></div>
<div>
	<strong>(March 03 to 06, 2014)</strong></div>
<div>
	<strong>Close (March 06):</strong> 805.65</div>
<div>
	<strong>High (March 03):</strong> 811.04</div>
<div>
	<strong>Weekly Change:</strong> -20.05 (-2.43%)</div>
<div>
	<strong>Daily average Turnover:</strong> NPR 298.41 Million</div>
<div>
	<strong>Total Weekly Turnover: </strong>NPR 1193.67 Million</div>
<div>
	<strong>Immediate Support:</strong> 769.51</div>
<div>
	<strong>Immediate Resistance:</strong> 831.86</div>
<div>
	<strong>RSI:</strong> 53.28</div>
<div>
	<strong>MACD Line:</strong> 9.72</div>
<div>
	<strong>Signal Line:</strong> 12.32</div>',
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			'created' => '2014-03-10',
			'modified' => '2014-03-26',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'After 4 weeks of continued positive gains, Nepse ended this week on a lower note. Declining three of the four trading days, the stock index decreased by 20.05 (-2.43%) to end at 805.65 points the last week. One of the major reasons for the recent downtrend can be attributed to news about the central bank tightening margin lending so as to divert loans into productive sectors.',
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		'Article' => array(
			'id' => '2686',
			'article_category_id' => '109',
			'title' => 'Nepse Up 3 Points Last Week Most Of The Stocks Traded Range Bound',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepse index went up 3.3 points last week (23rd to 26th February) marking a continuous gain for a straight third week. The benchmark index which opened its weekly trading at 822.67 points on the first day (Sunday) closed at 826.40 points on the last day (Wednesday). The impetus, though weaker than previous week, continued following a bull run after the appointment of new prime minister and formation of a new cabinet.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As the country&rsquo;s secondary market opened for only four days for trading last week saw relatively high volatility even in intra-day trading. The Nepse index remained range bound for the last week except for the first day. On Sunday, the benchmark index rallied to 840 points before closing at 831.86 points. For other days Nepse index traded within the range of 840 and 820 before to close at 826.40 points on Wednesday, the last trading day of the week. Analysts say that the range bound trading of any stock market pose difficulty in predicting the future movement of the marked. Same principle is applicable for individual scripts as well. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A total of 3.58 million units of shares worth Rs 1.47 billion were traded in the domestic stock market through 10,900 transactions. Compared to the previous week, the turnover increased 32.96 per cent whereas, number of transactions went up 16.49 per cent. Similarly, unit of shares traded rose by 25.55 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In terms of weekly turnover, Chilime Hydropower Company Limited climbed to the top spot. Similarly, Citizens Bank International Limited claimed the top position in terms of number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top spot as earlier weeks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Last week marked declining trend in most of the trading sub-indices compared to the previous week. &lsquo;Others&rsquo; sub-index was the biggest weekly gainer with 34.06 points. Likewise, Hydropower was seen as the second biggest gainer (10.26 points), followed by Hotels (7.85 points) and Trading (0.41 points).</div>
<div>
	&nbsp;</div>
<div>
	Insurance was the biggest loser for the week as the sub-index went down 163.04 points. Finance sub-index followed the suit with 25.57 points which was accompanied by Banking (5.95 points) and Development Banks (2.86 points). Manufacturing and processing sub-index, meanwhile, remained unchanged as previous week. For the week, the Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies went down 0.3 points. &nbsp;</div>
<div>
	Last week, shares of 148 companies were transacted in the domestic stock market. Out of them 48 companies saw increase in their share prices, 77 companies logged decline in their share prices and share prices of 23 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly1.jpg" style="width: 550px; height: 360px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-03-02',
			'modified' => '2014-03-10',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepse index went up 3.3 points last week (23rd to 26th February) marking a continuous gain for a straight third week. The benchmark index which opened its weekly trading at 822.67 points on the first day (Sunday) closed at 826.40 points on the last day (Wednesday). The impetus, though weaker than previous week, continued following a bull run after the appointment of new prime minister and formation of a new cabinet.',
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	(int) 3 => array(
		'Article' => array(
			'id' => '2704',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse (24 February - 2 March 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepse continued its fourth straight week of positive gains as the stock market rose up by 3.03 points (0.38%) last week. The majority of the gains came on Sunday as Nepse gained 9.19 points, which also happened to be the only positive day of the week. The three days that followed saw the market end in the negative zone. However, Nepse is still trading above the 50-day moving average and below the resistance of 847.86. If political climate remains fairly positive along with good financial results from companies, the market may be in further upside in the days to come.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	RSI is one of the leading indicators that are believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. The RSI indicator which was settled at 76.17 levels on February 23 (Sunday) began to steadily decline to end at 70.18 levels by the end of last trading day (Wednesday). This indicator shows that the market is slightly overbought in recent times.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages, which provides specific buying or selling signals. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy, and vice-versa. The MACD indicator, which had been witnessing a declining trend since the third week of January 2014, crossed above the signal line on February 17, 2014. The MACD line is currently trending above the signal line at 15.61 and 13.71 points respectively. This suggests that the near term moving average (or the MACD line) is moving upward with a greater momentum than the longer term moving average (or signal line).</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. In the past week, Nepse increased slightly while the OBV indicator followed a similar pattern. At present, the volume has been supporting the current trend.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Summary</strong></span></div>
<div>
	<strong>(February 23 to 26, 2014)</strong></div>
<div>
	<strong>Close (Feb 26, 2014):</strong> 825.70</div>
<div>
	<strong>High (Feb 23, 2014):</strong> 831.86</div>
<div>
	<strong>Weekly Change:</strong> 3.03 (0.38%)</div>
<div>
	<strong>Daily Average Turnover:</strong> NPR 369.9 Million&nbsp;</div>
<div>
	<strong>Total Weekly Turnover: </strong>NPR 1479.52 Million&nbsp;</div>
<div>
	<strong>Immediate Support:</strong> 806.82</div>
<div>
	<strong>Immediate Resistance:</strong> 847.86</div>
<div>
	<strong>RSI: </strong>70.18</div>
<div>
	<strong>MACD Line:</strong> 15.61</div>
<div>
	<strong>Signal Line:</strong> 13.71</div>',
			'published' => true,
			'created' => '2014-03-03',
			'modified' => '2014-03-10',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepse continued its fourth straight week of positive gains as the stock market rose up by 3.03 points (0.38%) last week. The majority of the gains came on Sunday as Nepse gained 9.19 points, which also happened to be the only positive day of the week.',
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	(int) 4 => array(
		'Article' => array(
			'id' => '2661',
			'article_category_id' => '109',
			'title' => 'Nepse’s Rally Continues',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index continues to hold to the gains of last week on Sunday. The benchmark index of the country&rsquo;s capital market, which opened at 822.67 points on the first day of its weekly trading, moved 9.19 points up. On Sunday, Nepse rallied to 838 points before settling at 831.86 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Analysts say that the rise in Nepse was attributed to the news about formation of a new cabinet. According to news circulating around the Nepali media sphere on Sunday, &nbsp;a new cabinet will form by this week after a political settlement between Nepali Congress and CPN (UML). Though unconfirmed, the settlement is said to be regarding the portfolio division of home ministry among others.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Sunday&rsquo;s turnover was recorded at Rs 423.13 million. Similarly, a total of 976,585 units of shares of 125 companies were traded in the stock market throughout 2,915 transactions. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices end the day in green territory with Hydropower achieving the position of biggest gainer (87.12 points) followed by Insurance (46.42 points), Finance (12.54 points), Banking (9.19 points) Development Banks (4.15 points) and Hotels (0.92 points). &lsquo;Others&rsquo; sub-index, meanwhile, ended the day in red losing 5.88 points. Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market also rose 1.84 points to close at 180.48 points.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/indices%20(Copy).jpg" style="width: 550px; height: 302px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse Rose 20 Points Last Week</strong></span></div>
<div>
	Nepse continued its impetus as the benchmark index went up 19.56 points last week. Opening its weekly trading on the first day (Sunday) at 803.11 points, Nepse settled at a 63-month high of 822.67 points on the last day (Thursday). Following a bull run after the appointment of Nepali Congress (NC) leader Sushil Koirala as the new Prime Minister of the country, Nepse crossed the resistance level of 806 points last week. On Thursday, the index rallied over 825 points before closing at 822.67. On the commencement of weekly trading (Sunday), Nepse index recorded lowest weekly level at 800.32 points. Despite the on going dispute between NC and CPN (UML) over the portfolio division of key ministries -including the Home Ministry-investors reacted positively to the new political development.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares worth Rs 1.12 billion totalling 2.85 million units were traded in the stock market through 9,386 transactions. The turnover and number of transactions declined 30.71 per cent and 30.43 per cent respectively. &nbsp;Meanwhile, unit of shares traded also decreased 45.58 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Promoter shares of Everest Bank Limited climbed to the top spot in terms of weekly turnover. Similarly, in terms number of share units being transacted for the week, Nabil Balance Fund-1 remained at the number one spot. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices witnessed increase last week. Insurance sub-index was the biggest weekly gainer with 325.53 points. Likewise, Hydropower was the second biggest gainer (88.68 points), followed by Finance (31 points), Development Banks (15 points) and Banking (8.23 points). Hotels was the biggest loser for the week as the trading sub-index saw a decline of 29.99 points which was followed by Manufacturing and Processing (9.6 points). &lsquo;Others&rsquo; sub-index, meanwhile, remained same as previous week. For the week, the Sensitive Index representing the share trading of blue chip stocks belonging toclass &lsquo;A&rsquo; listed companies went up 3.51 points. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Last week, shares of 148 companies were transacted in the domestic stock market. 100 companies observed gain in their share prices while, 28 logged decline. Share prices of 20 companies remained unchanged over the period.</div>',
			'published' => true,
			'created' => '2014-02-24',
			'modified' => '2014-03-03',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index continues to hold to the gains of last week on Sunday. The benchmark index of the country’s capital market, which opened at 822.67 points on the first day of its weekly trading, moved 9.19 points up. On Sunday, Nepse rallied to 838 points before settling at 831.86 points.',
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	(int) 5 => array(
		'Article' => array(
			'id' => '2677',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse (17 - 23 February 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive. If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Market Summary</strong></div>
<div>
	<strong>(16 February to 20, 2014)</strong></div>
<div>
	<strong>Close: 822.67</strong></div>
<div>
	<strong>High: 822.67</strong></div>
<div>
	<strong>Weekly Change: 19.57 points (2.44%)</strong></div>
<div>
	<strong>Daily Average Turnover: NPR 278.29 Million</strong></div>
<div>
	<strong>Total Weekly Turnover: NPR 1.11 Billion</strong></div>
<div>
	<strong>Immediate Support: 806.82</strong></div>
<div>
	<strong>Immediate Resistance: 847.86</strong></div>
<div>
	<strong>RSI: 73.30</strong></div>
<div>
	<strong>MACD Line: 12.87</strong></div>
<div>
	<strong>Signal Line: 11.35</strong></div>
<div>
	&nbsp;</div>',
			'published' => true,
			'created' => '2014-02-25',
			'modified' => '2014-02-25',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Market Trend
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points.',
			'sortorder' => '2520',
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		'Article' => array(
			'id' => '2652',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div class="news_detail">
	<p>
		<strong>Market Trend</strong><br />
		Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
		<br />
		If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
		<br />
		<strong>RSI</strong><br />
		RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
		<br />
		<strong>MACD</strong><br />
		The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
		<br />
		When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
		<br />
		<strong>On Balance Volume (OBV)</strong><br />
		OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
	<p>
		<strong>Market Summary<br />
		(16 February to 20, 2014)<br />
		Close: 822.67<br />
		High: 822.67<br />
		Weekly Change: 19.57 points<br />
		(2.44%)<br />
		Daily Average Turnover:<br />
		NPR 278.29 Million<br />
		Total Weekly Turnover:<br />
		NPR 1.11 Billion<br />
		Immediate Support: 806.82<br />
		Immediate Resistance:<br />
		847.86<br />
		RSI: 73.30<br />
		MACD Line: 12.87<br />
		Signal Line: 11.35</strong><br />
		&nbsp;</p>
</div>
<p>
	&nbsp;</p>',
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			'created' => '2014-02-23',
			'modified' => '2014-02-23',
			'keywords' => 'money matters of nepal',
			'description' => 'money matters of nepal',
			'sortorder' => '2497',
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	(int) 7 => array(
		'Article' => array(
			'id' => '2614',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis (7 - 16 February 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal&rsquo;s Prime Minister on February 10, 2014. On the same day, Nepse witnessed two circuit breaks gaining more than 4.5%, however, it ended the day up 2.44%. Investor sentiment soured the following day as CPN-UML decided not to join the Congress-led government and instead stay in opposition. Investors remained jittery for remainder of the week though Nepse managed to dole out positive returns. The second quarter earnings so far have been highly positive which should increase investor optimism about dividend expectation in the current fiscal year. During this week, investors may move to investing in the primary market for the IPO of Ridi Hydropower Development Company. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	The positive move in Nepse resonates in the RSI as the indicator increased by 5.19 points from the previous week to end at 66.09 levels. Though RSI is currently maintaining well within the neutral zone, it is gradually approaching the overbought zone. This indicator is being supported by volume which has been stable at an average of NPR 321 Million last week. This implies a relatively stable supply and demand scenario for shares in the secondary market. &nbsp; &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The downward momentum witnessed in the MACD indicator is gradually slowing as the MACD line is close to crossing above the signal line in the near term. The MACD line increased from 8.80 to 10.60 points last week while the Signal line decreased further to 10.80 from 12.53 points. This suggests that the near term moving average is pointing towards slightly increasing upward momentum while the longer term moving average still reflects a lower trend.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. The theory behind OBV is that volume precedes price. In the last week, Nepse increased slightly which is supported by the rising OBV indicator. The increasing pattern of the OBV indicator shows greater market participation when compared to the previous week.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Market Summary" src="/userfiles/images/ms(1).jpg" style="width: 550px; height: 803px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-18',
			'modified' => '2014-02-18',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014.',
			'sortorder' => '2465',
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	(int) 8 => array(
		'Article' => array(
			'id' => '2613',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With Marginal Correction',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country&rsquo;s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points. According to analysts, the decline in Nepse was attributed by the political uncertainty surrounding the formation of new cabinet. Many investors are cautiously looking to the current deadlock seen between Nepali Congress and CPN (UML) over the portfolio division of home ministry.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Along with Nepse index Sunday&rsquo;s turnover of the stock market also decreased to Rs 162.44 million. The fall in daily turnover indicates that the market participation is declining contributed by weaker demand of shares. On Sunday, a total of 691,304 units of shares of 121 companies were traded in the stock market through 2,032 transactions. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the day, Insurance sub-index was the biggest gainer (32.93 points) followed by Hotels (4.31 points) and Development Banks (4.06 points). Meanwhile, Banking sub-index was the biggest loser for the day (6.84 points) which was followed by &lsquo;Others&rsquo; (4.7 points), Finance (2.82 points) and Hydropower (1.9 points). Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market also lost 0.56 points to close at 174.97 points.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Investors Welcome New Government</strong></span></div>
<div>
	After 2 weeks of consecutive decline and a week of sideways trading, Nepse index rose 17.32 (2.2 per cent) points last week. The benchmark index opened its weekly trading on the first day (Sunday) at 785.78 points and settled at 803.10 points on the last day (Thursday). On Monday, Nepse index hit a five and half years high (821 points) before closing down at 803 points. The second day of weekly trading witnessed enforcement of &lsquo;circuit breaker &lsquo; for two times within half-hour after the commencement of intraday trade.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As Sushil Koirala, the leader of Nepali Congress became Prime Minister of the country, investors cheered the new political development. Analysts said that investors positively reacted to the appointment of a liberal democrat who supports open market policies. They, however, warned that the stock market would again see sluggishness if a full cabinet is not formed within few days.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week (9th to 13th February), shares worth Rs 1.60 billion totaling 5.24 million units were traded in the stock market through 13,492 transactions. Compared to the previous week, the turnover and number of transactions rose 32.56 per cent and 2.61 per cent respectively whereas, unit of shares traded went down by 57.07 per cent. Nepse index saw highest level of 821 points and lowest level of 784 points last week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In terms of weekly turnover, Arun Valley Hydropower Development Company Limited remained at the top spot. Likewise, Nabil Balance Fund-1 again stood the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices went up last week. For the week, Hotels sub-index was the biggest gainer with more than 200 points. Similarly, Insurance was the second biggest gainer (188 points), followed by Hydropower (81.02 points) and Finance (12.31 points). Similarly, Banking sub-index rose by 9.81 points whereas, sub-indices of Development Banks and Trading increased 6.71 points and 5.41 points respectively. The Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies, meanwhile, went up 3.42 points last week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares of 149 companies were transacted in the stock market. Share price of 86 companies saw gain while, 41 observed decline. Share prices of 22 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/index.jpg" style="width: 550px; height: 303px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-18',
			'modified' => '2014-02-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points.',
			'sortorder' => '2455',
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	(int) 9 => array(
		'Article' => array(
			'id' => '2564',
			'article_category_id' => '109',
			'title' => 'Nepse Recovers Due To Buying Pressure',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	In an apparent sign of recovery of last two weeks loss, Nepal stock Exchange Limited (Nepse) index had increased 4.32 points during the week from February 02 to 06. The benchmark index of country&#39;s capital market which was at 781.46 points on the last Thursday settled at 785.78 points on the last trading day (Thursday) of this week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Analysts say it is a natural recovery as the index was in decreasing trend during the last two weeks. They claim that though most listed companies have declared and distributed cash dividends and bonus shares, many investors are still shying away to invest to their full capacity even at current lower prices. &quot;Once they got the preferred stocks at the lower price, it is obvious to increase the demand for them which in turn boost up the index&rdquo;, said an analyst.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The recovery of stock market seems to have contributed by double-digit growth of hydropower, insurance and development bank sub-indices. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares worth Rs 121.12 billion totalling 3.34 million units were traded in the stock market through 13148 transactions. Compared to the previous week, the turnover, number of transactions and unit of shares traded increased this week. This indicates that the selling pressure is reducing and the buying pressure is building up. Last week, Nepse index logged highest level of 785.78 points and lowest level of 769.51 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Hydropower sub-index gained its position as the biggest gainer with 82.3 points for the week. Similarly, Insurance was the second in the line, which rose 59.53 points followed by Development Bank (16.62 points) and Finance (8.04 points). Similarly, trading sub-index increased by 5.92 points for the week while Manufacturing and Processing&#39;s sub-index remained unchanged throughout the week. The Hotels sub-index continued its losing streak as it was the biggest weekly loser with 7.01 points followed by Banking (1.9 points) and &#39;Others&#39; (1.18 points). Meanwhile, the Sensitive Index representing the share trading of blue chip stocks belonging to class &#39;A&#39; listed companies increased 0.36 points during the week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/index1%20(Copy).jpg" style="width: 550px; height: 368px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-09',
			'modified' => '2014-02-18',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'In an apparent sign of recovery of last two weeks loss, Nepal stock Exchange Limited (Nepse) index had increased 4.32 points during the week from February 02 to 06. The benchmark index of country's capital market which was at 781.46 points on the last Thursday settled at 785.78 points on the last trading day (Thursday) of this week.',
			'sortorder' => '2432',
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	(int) 10 => array(
		'Article' => array(
			'id' => '2521',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With A Slow Start',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started its weekly trading in a sluggish manner on Sunday. The benchmark index of the country&rsquo;s capital market, which closed at 785.70 points on the last trading day of previous week settled at 783.68 points. The index fell shy to its earlier gains to edge down 2.02 points on Sunday. According to analysts, weak performance of shares of banks and finance companies contributed to the slow start of Nepse. Often termed as the &lsquo;heavyweight&rsquo; groups, sub-indices of both commercial banks and insurance companies fell on Sunday, weighing down on the overall performance of the stock market.</div>
<div>
	&nbsp;</div>
<div>
	On Sunday, a total of 1,018,870 units of shares of 127 companies were traded in the stock market. The turnover was recorded at Rs. 365.98 million throughout 2625 transactions. The total market capitalization, meanwhile, was registered at Rs 797.17 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the sub-indices observed gain on Sunday. Hydropower sub-index was the highest gainer (11.04 points) followed by Finance (4.64 points), Hotels (2.47 points), &lsquo;Others&rsquo; (1.17 points) and Development Bank (0.63 points). &nbsp;Meanwhile, Banking sub-index was the biggest loser for the day (5.01 points) which was followed by Insurance (2.46 points). For the day, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loss 0.51 points to close at 173.32.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly%20(Copy).jpg" style="width: 550px; height: 355px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse down almost 10 points Last Week</strong></span></div>
<div>
	After two-weeks of consecutive gains, Nepse index marked decline of 9.56 points last week. The benchmark index, which resumed its weekly trading on the first day (Sunday) at 794.64 points settled at 785.7 points on (Thursday). Analysts say that the decline in the stock market index was attributed to the declaration and distribution of dividends of the listed companies. &ldquo;As most of the companies listed in the country&rsquo;s stock market have declared and distributed cash dividends and bonus shares, it is obvious that price of the shares to correct,&rdquo; said one analyst. According to stock market fundamentals, it is natural to have some degree of correction after the distribution of bonus shares and dividends. As the number of shares increases, the net worth per share decreases. Similarly, he opines that despite the weakening of &lsquo;Poush-Masanta effect&rsquo;, many investors are still reluctant to invest to their full capacity at low prices.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the period of 19th to 23rd January, a total of 4.47 million units shares worth Rs 1.99 billion were traded in the stock market. The turnover increased by 28.57 per cent whereas, unit of shares traded rose 41.49 per cent, compared to the previous week. Similarly, the number of transactions went up 31.6 percent which was totaled at 12,914.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepal Bank Limited reached the top spot in terms of weekly turnover. Likewise, the bank also climbed to the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Out of nine sub-indices traded in the week, five saw gain and three witnessed loss. For the week, Hydropower sub-index was the biggest gainer with 38.53 points followed by Development Bank (15.28 points), Manufacturing and Processing (10.38 points), Finance (8.15 points) and Trading (0.76 points). &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The Hotels sub-index was the biggest weekly loser with 40.97 points. Similarly, Insurance sub-index was seen as the second biggest loser (21.87 points) whereas, Banking slide down by 21.64 points. Meanwhile, &lsquo;Others&rsquo; sub-index remained unchanged. For the week, The Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies dipped by 2.5 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 143 companies were transacted in the stock market last week. Out of them, share price of 76 companies observed gain while, 51 saw decline. Share prices of 16 companies remained unchanged over the period.</div>',
			'published' => true,
			'created' => '2014-01-27',
			'modified' => '2014-02-09',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading in a sluggish manner on Sunday. The benchmark index of the country’s capital market, which closed at 785.70 points on the last trading day of previous week settled at 783.68 points. The index fell shy to its earlier gains to edge down 2.02 points on Sunday.',
			'sortorder' => '2409',
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	(int) 11 => array(
		'Article' => array(
			'id' => '2470',
			'article_category_id' => '109',
			'title' => 'Nepse’s Opens Weekly Trading With Marginal Increase',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country&rsquo;s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday&rsquo;s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On Sunday a total of 1,740,135 units of share of 99 companies were traded throughout 1984 transactions. The turnover was recorded at Rs. 732.82 million. &nbsp;Meanwhile, the total market capitalization for the day was registered at Rs 807.84 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On Sunday, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loss 0.15 points to close at 176.51. Hydropower sub-index was the highest gainer (4.87 points) followed by Banking (2.29 points), Finance (1.63 points) and Development Bank (1.44 points). &nbsp;Sub-index of insurance companies was the biggest loser for the day (-12.46 points). Similarly, the sub-indices of &lsquo;Others&rsquo; and Hotels fell 5.87 points and 0.36 points respectively.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse went up 12 Points Last Week</strong></span></div>
<div>
	Nepse index went up 12 points to settle at 794.64 points last week. The index continued its rally throughout last week as the easing of &lsquo;Poush-Masanta effect&rsquo; helped the investors to manage more money for investments. Also, the clearance of income tax payments by many businesses and investors in second quarter brought respite to the market contributing the continuation of Nepse&rsquo;s bull run.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, a total of 3.16 million units shares worth Rs 1.54 billion were traded in the stock market. Compared to the previous week, unit of shares traded declined 10.64 per cent whereas, the turnover increased by 4.09 per cent. Similarly, the number of transactions went down to 9,813 which was 11,776 in the previous week. Last week, number of transaction decreased by 16.76 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Promoter shares of Nabil Bank climbed to the top spot in terms of turnover. Likewise, Nabil Balance Fund-1 remained in the number 1 spot in terms number of units being transacted for the week. Nepal Telecom maintained its top position in terms of market capitalization as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse, which opened at 782.2 points on the first day of weekly trading (Sunday), settled its weekly trading at 794.64 points on (Thursday). Most of the sub-indices of the stock market saw increase in their share prices. Hotels sub-index was the biggest weekly gainer with 110.43 points. The Hydropower sub-index was the second biggest gainer (79.43 points) for the week followed by Insurance (66.46 points), Development Banks (18.59 points) and &lsquo;Others&rsquo; (15.27 points). Similarly, the Banking sub-index gained 4.45 points and Finance rose by 2.48 points. Sub-index of the Trading also went up 1.85 points last week. Manufacturing and Processing, meanwhile, dipped 10.12 points. For the week, the Sensitive Index of class &lsquo;A&rsquo; listed companies gained 2.39 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 137 companies were transacted in the stock market last week. 82 companies observed gain in their share prices while, 34 companies saw decline. Share prices of 21 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/mm1%20(Copy).jpg" style="width: 550px; height: 336px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-01-20',
			'modified' => '2014-01-27',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels.',
			'sortorder' => '2370',
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	(int) 12 => array(
		'Article' => array(
			'id' => '2522',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis (20 -26 January 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Averages (50 &amp; 200-day)&nbsp;</strong></span></div>
<div>
	The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div>
<div>
	RSI as a leading indicator RSI is believed to be most effective during periods of sideways movement. In the present context, RSI has been on an overall declining trend suggesting decreasing buying pressure in the market. During the last trading day of the previous week, the RSI closed at 64.11 and has been maintaining within the neutral zone. This suggests that the current market is neither highly over-bought nor over-sold.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Average Convergence-Divergence (MACD)</strong></span></div>
<div>
	Similar to the RSI, the MACD indicator has also been trending lower, however, at a greater momentum. Currently, the MACD chart is showing a form of divergence in Nepse. Since the first week of January, Nepse has been trending upwards while the MACD line has been accelerating in the downward direction. Thus, this can be considered as a bearish sign for Nepse in the near term.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	OBV is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. Nepse reached 795.26 points on January 19, 2014 and then retraced lower. During the same timeframe, OBV also moved lower supporting the trend of Nepse.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Summary&nbsp;</strong></span></div>
<div>
	<strong>(19 &ndash;23 January, 2014)</strong></div>
<div>
	<strong>Close:</strong> 785.70</div>
<div>
	<strong>High:</strong> 795.26</div>
<div>
	<strong>Weekly Change :</strong> -8.94 (-1.13%) &nbsp;&nbsp;</div>
<div>
	<strong>Daily Average Turnover:</strong> NPR 398.1 million</div>
<div>
	<strong>Total Weekly Turnover:</strong> NPR 1990.48 Million</div>
<div>
	<strong>Immediate Support :</strong> 753.17</div>
<div>
	<strong>Immediate Resistance :</strong> 806.82</div>
<div>
	<strong>RSI :</strong> 64.11</div>
<div>
	<strong>MACD Line : </strong>18.98</div>
<div>
	<strong>Signal Line :</strong> 22.89</div>',
			'published' => true,
			'created' => '2014-01-27',
			'modified' => '2014-02-09',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.',
			'sortorder' => '2367',
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			'article_date' => '0000-00-00 00:00:00',
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	(int) 13 => array(
		'Article' => array(
			'id' => '2471',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div>
<div>
	The RSI remained in the overbought zone from November 11, 2013 to December 29, 2013 reaching as high as 92.77 on November 24, 2013. Since then, it retraced slightly and has been hovering in the neutral zone until January 16, the last trading day of week where it ended at 70.60. The positive outcome of election results has provided a boost to investor confidence which has brought huge volume into the secondary market. Many investors who were sitting on the sidelines in the past several years are re-entering the market. Generally, when RSI reaches very high levels, there is a tendency to slide down further. However, this increased volume in the last two months has helped Nepse as well as RSI maintain them in higher levels.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Average Convergence Divergence (MACD)</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages which provides specific buying or selling signals. The MACD line reached its highest point of 48.31 on December 22, 2013 and has been trending lower since. On December 31, 2013, the MACD line breached the signal line and crossed below which triggered a sell signal to market participants. In the past trading week, the MACD line has been moving towards the signal line. If the MACD line crosses above the signal line in the near future, it would present a buy signal. However, if there is no change in the current trend, it may signal further decline in Nepse. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Summary&nbsp;</strong></span></div>
<div>
	<strong>(As of January 16, 2014)</strong></div>
<div>
	<strong>Close:</strong> 794.64</div>
<div>
	<strong>High: </strong>794.64&nbsp;</div>
<div>
	<strong>Weekly Change:</strong> 21.88 (2.83%)&nbsp;</div>
<div>
	<strong>Daily Average Turnover: </strong>NPR 387.02 Million&nbsp;</div>
<div>
	<strong>Total Weekly: </strong>NPR 1548.10 Million&nbsp;</div>
<div>
	<strong>Immediate Support: </strong>753.17</div>
<div>
	<strong>Immediate: </strong>806.82</div>
<div>
	<strong>Relative Strength Index (RSI): </strong>70.60</div>
<div>
	<strong>Moving Average Convergence Divergence (MACD): </strong>23.78 and 27.02</div>',
			'published' => true,
			'created' => '2014-01-20',
			'modified' => '2014-01-27',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The RSI remained in the overbought zone from November 11, 2013 to December 29, 2013 reaching as high as 92.77 on November 24, 2013. Since then, it retraced slightly and has been hovering in the neutral zone until January 16, the last trading day of week where it ended at 70.60. The positive outcome of election results has provided a boost to investor confidence which has brought huge volume into the secondary market. Many investors who were sitting on the sidelines in the past several years are re-entering the market.',
			'sortorder' => '2321',
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	(int) 14 => array(
		'Article' => array(
			'id' => '2419',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With A Decline',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Sanjeev Sharma</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) index, the barometer of country&rsquo;s capital market dropped by almost 5.28 points on Sunday, the first trading day of the week. The bench mark index, which was closing at 763.76 on Thursday-- the last trading day of previous week settled at 758.48 points on Sunday. Following the Nepse, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loses 1.39 points to settle at 169.56.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The fall in Nepse Sunday is attributed by decrease in all sub-indices except Finance sub-index traded in the day. Hotel sub-index was the biggest loser with a fall of 45.23 points (4.01%). Similarly, the sub-indices of &lsquo;Other&rsquo;, Hydropower and Commercial banks fell by 15.27, 11.34 points and 4.99 points respectively for the day. The Insurance sub-index loses (2.39 points) followed by Development Banks sub-index (0.52 points) and Trading (0.08 points). &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse Mostly Down for the Week in Thin Trading</strong></span></div>
<div>
	After sharp gains for 6 consecutive weeks, the Nepse index continued its retreat for second week in a row amid thin weekly trading. Nepse closed down by 16.03 points last week. Profit booking strategy of investors along with warnings about the unnatural surge in the index from regulators and top government officials seem to have reined the stock market. Many investors are selling the stocks they bought few months back to secure profit.</div>
<div>
	&nbsp;</div>
<div>
	For the period of 29th December and 3rd January, the number of transactions came down to 11,093 (which was 15,000 last week). In the mean time, altogether 3.6 million units shares that worth Rs 2.27 billion turnovers being sold in the stock market. Last week, Nepse&rsquo;s turnover fell by 36.18 per cent compared to the previous week. Similarly, the number of transaction and number of share traded also declined by 26 per cent and 33 per cent respectively. However, analysts say that the stock market will rise next week as selling pressure in the market is low despite the decline in the index. This indicates that the demand for shares in the lower price is exceeding its supply, which is expected to boost the price in the near term. &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the turnover, shares of the Nepal Bangladesh Bank reached the top spot for the week in the market. Nabil Balance Fund-1, meanwhile, climbed to no one spot in terms of the number of units being traded for the week. Likewise, Nepal Telecom maintained its top spot in terms of market capitalization in the domestic market.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse index which opened at 787.36 points on the first day of weekly trading (Sunday) fell by around 16 points to close at 763.76 on the last day of the week (Thursday). Most of the sub-indices listed in the Nepse witnessed decline in their values last week. According to weekly transaction, the Hotel sub-index was the biggest gainer with a rise of 17.16 points. All other sub-indices followed downward trend. Last week, Hydropower sub-index was the biggest loser (82.05 points). Similarly, the sub-index of insurance sector fell 38.29 points followed by commercial banks (19.9 points), development banks (7.6 points), finance companies (2.45 points). Likewise, the &lsquo;Other&rsquo; sub-index came down by 2.35 points. &nbsp;The Manufacturing sub-index remained unchanged as earlier weeks. The Sensitive Index which represents the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies fell 4.25 points last week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares of 125 companies were traded in the stock market. Share prices of 26 companies observed a gain, while price of 73 companies declined last week. Shares prices of 26 companies remained unchanged over the period.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Nepse Index" src="/userfiles/images/indx%20(Copy)(2).jpg" style="width: 550px; height: 371px; margin-left: 10px; margin-right: 10px;" /></div>',
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			'description' => 'Nepal Stock Exchange Limited (Nepse) index, the barometer of country’s capital market dropped by almost 5.28 points on Sunday, the first trading day of the week. The bench mark index, which was closing at 763.76 on Thursday-- the last trading day of previous week settled at 758.48 points on Sunday. Following the Nepse, Sensitive index representing class ‘A’ listed companies in the secondary market, loses 1.39 points to settle at 169.56.',
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Code Context
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		'Article' => array(
			'id' => '2725',
			'article_category_id' => '109',
			'title' => 'Mid-term Monetary Review Creates Sell-off In Stocks',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	In an apparent sign of continuing weakness, Nepal stock Exchange Limited (Nepse) index closed nearly 9.15 points lower on Sunday, the first trading day of the week. Declined in the barometer of country&rsquo;s capital market is attributed by fall in the majority sub-indices traded in the day. Along the Nepse, sensitive index which represents share trading of class &lsquo;A&rsquo; listed companies fell 2.22 points. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Out of total seven sub-index traded Sunday, six were in red. The Insurance sub-index was the biggest loser which fell 40.36 points followed by Hydropower sub-index (16.92) and Banking sub-index (11.99 points). Similarly, sub-indices of &lsquo;Others&rsquo;, Hotels and Development Banks fell respectively by 4.7 points, 3.58 points and 3.41 points. In the mean time, Finance sub-index was only the gainer of the day which increased 6.89 points. Sunday around 732 thousand units of shares of 125 companies were traded through 2347 transactions, which worth Rs. 300 million as daily turnover. &nbsp; &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly.jpg" style="width: 550px; height: 354px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Weekly Review</strong></span></div>
<div>
	Nepse index fell 20.05 points last week. The benchmark index which was closed on Sunday due to public holiday started its weekly trading on Monday at 825.70 points and settled down at 805.65 points on the last day (Thursday). After witnessing three straight weeks of gains, Nepse, retreated back last week as investors went to secure their gains through profit-booking strategy.</div>
<div>
	&nbsp;</div>
<div>
	Analysts say that the investment in the domestic market lost steam after the central bank in its mid-term review of monetary policy of FY 2013/14 hinted to the tightening of margin lending against share certificates. In recent months, margin lending has become one of the attractive investment tools in the country&rsquo;s financial sector as the swelling liquidity is leaving the banks without much investment options in real sectors.</div>
<div>
	&nbsp;</div>
<div>
	Similarly, analysts also opine that settlement of political issues regarding the formation of new government has also affected the domestic stock market. Investors were highly encouraged to book their profits that they earned from the stocks that they purchased during post election months. This indicates that the positive impact of new political development by second CA election is fading.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse registered as highest as 811.04 points on the opening day (Monday) and observed lowest level at 800.05 points on Tuesday of the last week. During the last week, 3.69 million units of shares worth Rs 1.19 billion were traded in the stock market through 9,514 transactions. The weekly turnover declined 19.32 per cent while, number of transactions shed 12.98 per cent compared to the previous week. Meanwhile, unit of shares traded rose 3 per cent. Nepal Bank Limited climbed to the top spot in terms of weekly turnover. Similarly, Nabil Balance Fund-1 grabbed the top position in terms of number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top spot as earlier weeks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices saw declining trend last week. Hotels sub-index was the biggest weekly gainer with 37.37 points followed by Hydropower (21.04 points), Insurance (9.85 points) and Finance (0.13 points).</div>
<div>
	&nbsp;</div>
<div>
	&lsquo;Others&rsquo; was seen as the biggest weekly loser as the sub-index declined 16.44 points. Sub-indices of development banks and commercial banks, meanwhile, lost 7.37 points and 6.68 points respectively. Sub-indices of Trading, Manufacturing and processing, meanwhile, remained unchanged for the week. Reflecting the declining trend in major sub-indices, Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies also fell 1.63 points. &nbsp;</div>',
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			'created' => '2014-03-09',
			'modified' => '2014-04-09',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'In an apparent sign of continuing weakness, Nepal stock Exchange Limited (Nepse) index closed nearly 9.15 points lower on Sunday, the first trading day of the week. Declined in the barometer of country’s capital market is attributed by fall in the majority sub-indices traded in the day. Along the Nepse, sensitive index which represents share trading of class ‘A’ listed companies fell 2.22 points.',
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		'Article' => array(
			'id' => '2729',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse (3 - 9 March 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Trend</strong></span></div>
<div>
	After 4 weeks of continued positive gains, Nepse ended this week on a lower note. Declining three of the four trading days, the stock index decreased by 20.05 (-2.43%) to end at 805.65 points the last week. One of the major reasons for the recent downtrend can be attributed to news about the central bank tightening margin lending so as to divert loans into productive sectors. Due to this decrease, Nepse also fell below its immediate support level of 806.82 points which indicates a bearish sentiment in the near term. Though the psychological support level remains at 800.00 points, the next support level is at 769.51 points. However, it is still above its 50-day moving average, which indicates that the market has not entered a bearish trend yet. &nbsp; &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>RSI</strong></span></div>
<div>
	RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. With the decreasing market, the RSI also fell by 16.90 points to settle at 53.28 levels, which indicated a greater selling pressure in recent times. If RSI maintains at this level within the neutral zone, it would indicate a balanced supply and demand scenario for stocks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>MACD</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages, which provides specific buying or selling signals. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy, and vice-versa. On March 04, 2014, the MACD line once again crossed below the Signal line indicating that the overall near term momentum may still be in the downward direction. As of the last trading day of the week, the MACD line and the Signal line ended at 9.72 and 12.32 points respectively, suggesting that the near term moving average is falling at a greater momentum than the longer term moving average.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. In the past week, the OBV indicator has declined at a greater pace when compared to that of Nepse. The recent trend in volume suggests that the market has been in a selling mood this past week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Summary</strong></span></div>
<div>
	<strong>(March 03 to 06, 2014)</strong></div>
<div>
	<strong>Close (March 06):</strong> 805.65</div>
<div>
	<strong>High (March 03):</strong> 811.04</div>
<div>
	<strong>Weekly Change:</strong> -20.05 (-2.43%)</div>
<div>
	<strong>Daily average Turnover:</strong> NPR 298.41 Million</div>
<div>
	<strong>Total Weekly Turnover: </strong>NPR 1193.67 Million</div>
<div>
	<strong>Immediate Support:</strong> 769.51</div>
<div>
	<strong>Immediate Resistance:</strong> 831.86</div>
<div>
	<strong>RSI:</strong> 53.28</div>
<div>
	<strong>MACD Line:</strong> 9.72</div>
<div>
	<strong>Signal Line:</strong> 12.32</div>',
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			'created' => '2014-03-10',
			'modified' => '2014-03-26',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'After 4 weeks of continued positive gains, Nepse ended this week on a lower note. Declining three of the four trading days, the stock index decreased by 20.05 (-2.43%) to end at 805.65 points the last week. One of the major reasons for the recent downtrend can be attributed to news about the central bank tightening margin lending so as to divert loans into productive sectors.',
			'sortorder' => '2573',
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		'Article' => array(
			'id' => '2686',
			'article_category_id' => '109',
			'title' => 'Nepse Up 3 Points Last Week Most Of The Stocks Traded Range Bound',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepse index went up 3.3 points last week (23rd to 26th February) marking a continuous gain for a straight third week. The benchmark index which opened its weekly trading at 822.67 points on the first day (Sunday) closed at 826.40 points on the last day (Wednesday). The impetus, though weaker than previous week, continued following a bull run after the appointment of new prime minister and formation of a new cabinet.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As the country&rsquo;s secondary market opened for only four days for trading last week saw relatively high volatility even in intra-day trading. The Nepse index remained range bound for the last week except for the first day. On Sunday, the benchmark index rallied to 840 points before closing at 831.86 points. For other days Nepse index traded within the range of 840 and 820 before to close at 826.40 points on Wednesday, the last trading day of the week. Analysts say that the range bound trading of any stock market pose difficulty in predicting the future movement of the marked. Same principle is applicable for individual scripts as well. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	A total of 3.58 million units of shares worth Rs 1.47 billion were traded in the domestic stock market through 10,900 transactions. Compared to the previous week, the turnover increased 32.96 per cent whereas, number of transactions went up 16.49 per cent. Similarly, unit of shares traded rose by 25.55 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In terms of weekly turnover, Chilime Hydropower Company Limited climbed to the top spot. Similarly, Citizens Bank International Limited claimed the top position in terms of number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top spot as earlier weeks. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Last week marked declining trend in most of the trading sub-indices compared to the previous week. &lsquo;Others&rsquo; sub-index was the biggest weekly gainer with 34.06 points. Likewise, Hydropower was seen as the second biggest gainer (10.26 points), followed by Hotels (7.85 points) and Trading (0.41 points).</div>
<div>
	&nbsp;</div>
<div>
	Insurance was the biggest loser for the week as the sub-index went down 163.04 points. Finance sub-index followed the suit with 25.57 points which was accompanied by Banking (5.95 points) and Development Banks (2.86 points). Manufacturing and processing sub-index, meanwhile, remained unchanged as previous week. For the week, the Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies went down 0.3 points. &nbsp;</div>
<div>
	Last week, shares of 148 companies were transacted in the domestic stock market. Out of them 48 companies saw increase in their share prices, 77 companies logged decline in their share prices and share prices of 23 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly1.jpg" style="width: 550px; height: 360px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-03-02',
			'modified' => '2014-03-10',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepse index went up 3.3 points last week (23rd to 26th February) marking a continuous gain for a straight third week. The benchmark index which opened its weekly trading at 822.67 points on the first day (Sunday) closed at 826.40 points on the last day (Wednesday). The impetus, though weaker than previous week, continued following a bull run after the appointment of new prime minister and formation of a new cabinet.',
			'sortorder' => '2568',
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	(int) 3 => array(
		'Article' => array(
			'id' => '2704',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse (24 February - 2 March 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepse continued its fourth straight week of positive gains as the stock market rose up by 3.03 points (0.38%) last week. The majority of the gains came on Sunday as Nepse gained 9.19 points, which also happened to be the only positive day of the week. The three days that followed saw the market end in the negative zone. However, Nepse is still trading above the 50-day moving average and below the resistance of 847.86. If political climate remains fairly positive along with good financial results from companies, the market may be in further upside in the days to come.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	RSI is one of the leading indicators that are believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. The RSI indicator which was settled at 76.17 levels on February 23 (Sunday) began to steadily decline to end at 70.18 levels by the end of last trading day (Wednesday). This indicator shows that the market is slightly overbought in recent times.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages, which provides specific buying or selling signals. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy, and vice-versa. The MACD indicator, which had been witnessing a declining trend since the third week of January 2014, crossed above the signal line on February 17, 2014. The MACD line is currently trending above the signal line at 15.61 and 13.71 points respectively. This suggests that the near term moving average (or the MACD line) is moving upward with a greater momentum than the longer term moving average (or signal line).</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. In the past week, Nepse increased slightly while the OBV indicator followed a similar pattern. At present, the volume has been supporting the current trend.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:16px;"><strong>Market Summary</strong></span></div>
<div>
	<strong>(February 23 to 26, 2014)</strong></div>
<div>
	<strong>Close (Feb 26, 2014):</strong> 825.70</div>
<div>
	<strong>High (Feb 23, 2014):</strong> 831.86</div>
<div>
	<strong>Weekly Change:</strong> 3.03 (0.38%)</div>
<div>
	<strong>Daily Average Turnover:</strong> NPR 369.9 Million&nbsp;</div>
<div>
	<strong>Total Weekly Turnover: </strong>NPR 1479.52 Million&nbsp;</div>
<div>
	<strong>Immediate Support:</strong> 806.82</div>
<div>
	<strong>Immediate Resistance:</strong> 847.86</div>
<div>
	<strong>RSI: </strong>70.18</div>
<div>
	<strong>MACD Line:</strong> 15.61</div>
<div>
	<strong>Signal Line:</strong> 13.71</div>',
			'published' => true,
			'created' => '2014-03-03',
			'modified' => '2014-03-10',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepse continued its fourth straight week of positive gains as the stock market rose up by 3.03 points (0.38%) last week. The majority of the gains came on Sunday as Nepse gained 9.19 points, which also happened to be the only positive day of the week.',
			'sortorder' => '2554',
			'image' => null,
			'article_date' => '0000-00-00 00:00:00',
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	(int) 4 => array(
		'Article' => array(
			'id' => '2661',
			'article_category_id' => '109',
			'title' => 'Nepse’s Rally Continues',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index continues to hold to the gains of last week on Sunday. The benchmark index of the country&rsquo;s capital market, which opened at 822.67 points on the first day of its weekly trading, moved 9.19 points up. On Sunday, Nepse rallied to 838 points before settling at 831.86 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Analysts say that the rise in Nepse was attributed to the news about formation of a new cabinet. According to news circulating around the Nepali media sphere on Sunday, &nbsp;a new cabinet will form by this week after a political settlement between Nepali Congress and CPN (UML). Though unconfirmed, the settlement is said to be regarding the portfolio division of home ministry among others.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Sunday&rsquo;s turnover was recorded at Rs 423.13 million. Similarly, a total of 976,585 units of shares of 125 companies were traded in the stock market throughout 2,915 transactions. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices end the day in green territory with Hydropower achieving the position of biggest gainer (87.12 points) followed by Insurance (46.42 points), Finance (12.54 points), Banking (9.19 points) Development Banks (4.15 points) and Hotels (0.92 points). &lsquo;Others&rsquo; sub-index, meanwhile, ended the day in red losing 5.88 points. Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market also rose 1.84 points to close at 180.48 points.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/indices%20(Copy).jpg" style="width: 550px; height: 302px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse Rose 20 Points Last Week</strong></span></div>
<div>
	Nepse continued its impetus as the benchmark index went up 19.56 points last week. Opening its weekly trading on the first day (Sunday) at 803.11 points, Nepse settled at a 63-month high of 822.67 points on the last day (Thursday). Following a bull run after the appointment of Nepali Congress (NC) leader Sushil Koirala as the new Prime Minister of the country, Nepse crossed the resistance level of 806 points last week. On Thursday, the index rallied over 825 points before closing at 822.67. On the commencement of weekly trading (Sunday), Nepse index recorded lowest weekly level at 800.32 points. Despite the on going dispute between NC and CPN (UML) over the portfolio division of key ministries -including the Home Ministry-investors reacted positively to the new political development.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares worth Rs 1.12 billion totalling 2.85 million units were traded in the stock market through 9,386 transactions. The turnover and number of transactions declined 30.71 per cent and 30.43 per cent respectively. &nbsp;Meanwhile, unit of shares traded also decreased 45.58 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Promoter shares of Everest Bank Limited climbed to the top spot in terms of weekly turnover. Similarly, in terms number of share units being transacted for the week, Nabil Balance Fund-1 remained at the number one spot. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices witnessed increase last week. Insurance sub-index was the biggest weekly gainer with 325.53 points. Likewise, Hydropower was the second biggest gainer (88.68 points), followed by Finance (31 points), Development Banks (15 points) and Banking (8.23 points). Hotels was the biggest loser for the week as the trading sub-index saw a decline of 29.99 points which was followed by Manufacturing and Processing (9.6 points). &lsquo;Others&rsquo; sub-index, meanwhile, remained same as previous week. For the week, the Sensitive Index representing the share trading of blue chip stocks belonging toclass &lsquo;A&rsquo; listed companies went up 3.51 points. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Last week, shares of 148 companies were transacted in the domestic stock market. 100 companies observed gain in their share prices while, 28 logged decline. Share prices of 20 companies remained unchanged over the period.</div>',
			'published' => true,
			'created' => '2014-02-24',
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			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index continues to hold to the gains of last week on Sunday. The benchmark index of the country’s capital market, which opened at 822.67 points on the first day of its weekly trading, moved 9.19 points up. On Sunday, Nepse rallied to 838 points before settling at 831.86 points.',
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	(int) 5 => array(
		'Article' => array(
			'id' => '2677',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse (17 - 23 February 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive. If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday. When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<strong>Market Summary</strong></div>
<div>
	<strong>(16 February to 20, 2014)</strong></div>
<div>
	<strong>Close: 822.67</strong></div>
<div>
	<strong>High: 822.67</strong></div>
<div>
	<strong>Weekly Change: 19.57 points (2.44%)</strong></div>
<div>
	<strong>Daily Average Turnover: NPR 278.29 Million</strong></div>
<div>
	<strong>Total Weekly Turnover: NPR 1.11 Billion</strong></div>
<div>
	<strong>Immediate Support: 806.82</strong></div>
<div>
	<strong>Immediate Resistance: 847.86</strong></div>
<div>
	<strong>RSI: 73.30</strong></div>
<div>
	<strong>MACD Line: 12.87</strong></div>
<div>
	<strong>Signal Line: 11.35</strong></div>
<div>
	&nbsp;</div>',
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			'created' => '2014-02-25',
			'modified' => '2014-02-25',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Market Trend
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points.',
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		'Article' => array(
			'id' => '2652',
			'article_category_id' => '109',
			'title' => 'Technical Analysis Of Nepse',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div class="news_detail">
	<p>
		<strong>Market Trend</strong><br />
		Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
		<br />
		If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
		<br />
		<strong>RSI</strong><br />
		RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
		<br />
		<strong>MACD</strong><br />
		The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
		<br />
		When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
		<br />
		<strong>On Balance Volume (OBV)</strong><br />
		OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
	<p>
		<strong>Market Summary<br />
		(16 February to 20, 2014)<br />
		Close: 822.67<br />
		High: 822.67<br />
		Weekly Change: 19.57 points<br />
		(2.44%)<br />
		Daily Average Turnover:<br />
		NPR 278.29 Million<br />
		Total Weekly Turnover:<br />
		NPR 1.11 Billion<br />
		Immediate Support: 806.82<br />
		Immediate Resistance:<br />
		847.86<br />
		RSI: 73.30<br />
		MACD Line: 12.87<br />
		Signal Line: 11.35</strong><br />
		&nbsp;</p>
</div>
<p>
	&nbsp;</p>',
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			'created' => '2014-02-23',
			'modified' => '2014-02-23',
			'keywords' => 'money matters of nepal',
			'description' => 'money matters of nepal',
			'sortorder' => '2497',
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	(int) 7 => array(
		'Article' => array(
			'id' => '2614',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis (7 - 16 February 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Trend</strong></span></div>
<div>
	Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal&rsquo;s Prime Minister on February 10, 2014. On the same day, Nepse witnessed two circuit breaks gaining more than 4.5%, however, it ended the day up 2.44%. Investor sentiment soured the following day as CPN-UML decided not to join the Congress-led government and instead stay in opposition. Investors remained jittery for remainder of the week though Nepse managed to dole out positive returns. The second quarter earnings so far have been highly positive which should increase investor optimism about dividend expectation in the current fiscal year. During this week, investors may move to investing in the primary market for the IPO of Ridi Hydropower Development Company. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>RSI</strong></span></div>
<div>
	The positive move in Nepse resonates in the RSI as the indicator increased by 5.19 points from the previous week to end at 66.09 levels. Though RSI is currently maintaining well within the neutral zone, it is gradually approaching the overbought zone. This indicator is being supported by volume which has been stable at an average of NPR 321 Million last week. This implies a relatively stable supply and demand scenario for shares in the secondary market. &nbsp; &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>MACD</strong></span></div>
<div>
	The downward momentum witnessed in the MACD indicator is gradually slowing as the MACD line is close to crossing above the signal line in the near term. The MACD line increased from 8.80 to 10.60 points last week while the Signal line decreased further to 10.80 from 12.53 points. This suggests that the near term moving average is pointing towards slightly increasing upward momentum while the longer term moving average still reflects a lower trend.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	On Balance Volume is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. The theory behind OBV is that volume precedes price. In the last week, Nepse increased slightly which is supported by the rising OBV indicator. The increasing pattern of the OBV indicator shows greater market participation when compared to the previous week.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Market Summary" src="/userfiles/images/ms(1).jpg" style="width: 550px; height: 803px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-18',
			'modified' => '2014-02-18',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange (Nepse) Index made a significant gain of 17.32 points or 2.20% last week. Most of the rise can be attributed to the successful election of Nepali Congress candidate Sushil Koirala as Nepal’s Prime Minister on February 10, 2014.',
			'sortorder' => '2465',
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	(int) 8 => array(
		'Article' => array(
			'id' => '2613',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With Marginal Correction',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country&rsquo;s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points. According to analysts, the decline in Nepse was attributed by the political uncertainty surrounding the formation of new cabinet. Many investors are cautiously looking to the current deadlock seen between Nepali Congress and CPN (UML) over the portfolio division of home ministry.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Along with Nepse index Sunday&rsquo;s turnover of the stock market also decreased to Rs 162.44 million. The fall in daily turnover indicates that the market participation is declining contributed by weaker demand of shares. On Sunday, a total of 691,304 units of shares of 121 companies were traded in the stock market through 2,032 transactions. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the day, Insurance sub-index was the biggest gainer (32.93 points) followed by Hotels (4.31 points) and Development Banks (4.06 points). Meanwhile, Banking sub-index was the biggest loser for the day (6.84 points) which was followed by &lsquo;Others&rsquo; (4.7 points), Finance (2.82 points) and Hydropower (1.9 points). Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market also lost 0.56 points to close at 174.97 points.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Investors Welcome New Government</strong></span></div>
<div>
	After 2 weeks of consecutive decline and a week of sideways trading, Nepse index rose 17.32 (2.2 per cent) points last week. The benchmark index opened its weekly trading on the first day (Sunday) at 785.78 points and settled at 803.10 points on the last day (Thursday). On Monday, Nepse index hit a five and half years high (821 points) before closing down at 803 points. The second day of weekly trading witnessed enforcement of &lsquo;circuit breaker &lsquo; for two times within half-hour after the commencement of intraday trade.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	As Sushil Koirala, the leader of Nepali Congress became Prime Minister of the country, investors cheered the new political development. Analysts said that investors positively reacted to the appointment of a liberal democrat who supports open market policies. They, however, warned that the stock market would again see sluggishness if a full cabinet is not formed within few days.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week (9th to 13th February), shares worth Rs 1.60 billion totaling 5.24 million units were traded in the stock market through 13,492 transactions. Compared to the previous week, the turnover and number of transactions rose 32.56 per cent and 2.61 per cent respectively whereas, unit of shares traded went down by 57.07 per cent. Nepse index saw highest level of 821 points and lowest level of 784 points last week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	In terms of weekly turnover, Arun Valley Hydropower Development Company Limited remained at the top spot. Likewise, Nabil Balance Fund-1 again stood the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the trading sub-indices went up last week. For the week, Hotels sub-index was the biggest gainer with more than 200 points. Similarly, Insurance was the second biggest gainer (188 points), followed by Hydropower (81.02 points) and Finance (12.31 points). Similarly, Banking sub-index rose by 9.81 points whereas, sub-indices of Development Banks and Trading increased 6.71 points and 5.41 points respectively. The Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies, meanwhile, went up 3.42 points last week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares of 149 companies were transacted in the stock market. Share price of 86 companies saw gain while, 41 observed decline. Share prices of 22 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/index.jpg" style="width: 550px; height: 303px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-18',
			'modified' => '2014-02-23',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading with a marginal decline on Sunday. The benchmark index of the country’s capital market, which settled at 803.10 points on the last trading day of previous week shed 2.41 points to close at 800.69 points.',
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	(int) 9 => array(
		'Article' => array(
			'id' => '2564',
			'article_category_id' => '109',
			'title' => 'Nepse Recovers Due To Buying Pressure',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	In an apparent sign of recovery of last two weeks loss, Nepal stock Exchange Limited (Nepse) index had increased 4.32 points during the week from February 02 to 06. The benchmark index of country&#39;s capital market which was at 781.46 points on the last Thursday settled at 785.78 points on the last trading day (Thursday) of this week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Analysts say it is a natural recovery as the index was in decreasing trend during the last two weeks. They claim that though most listed companies have declared and distributed cash dividends and bonus shares, many investors are still shying away to invest to their full capacity even at current lower prices. &quot;Once they got the preferred stocks at the lower price, it is obvious to increase the demand for them which in turn boost up the index&rdquo;, said an analyst.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The recovery of stock market seems to have contributed by double-digit growth of hydropower, insurance and development bank sub-indices. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares worth Rs 121.12 billion totalling 3.34 million units were traded in the stock market through 13148 transactions. Compared to the previous week, the turnover, number of transactions and unit of shares traded increased this week. This indicates that the selling pressure is reducing and the buying pressure is building up. Last week, Nepse index logged highest level of 785.78 points and lowest level of 769.51 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Hydropower sub-index gained its position as the biggest gainer with 82.3 points for the week. Similarly, Insurance was the second in the line, which rose 59.53 points followed by Development Bank (16.62 points) and Finance (8.04 points). Similarly, trading sub-index increased by 5.92 points for the week while Manufacturing and Processing&#39;s sub-index remained unchanged throughout the week. The Hotels sub-index continued its losing streak as it was the biggest weekly loser with 7.01 points followed by Banking (1.9 points) and &#39;Others&#39; (1.18 points). Meanwhile, the Sensitive Index representing the share trading of blue chip stocks belonging to class &#39;A&#39; listed companies increased 0.36 points during the week. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/index1%20(Copy).jpg" style="width: 550px; height: 368px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-02-09',
			'modified' => '2014-02-18',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'In an apparent sign of recovery of last two weeks loss, Nepal stock Exchange Limited (Nepse) index had increased 4.32 points during the week from February 02 to 06. The benchmark index of country's capital market which was at 781.46 points on the last Thursday settled at 785.78 points on the last trading day (Thursday) of this week.',
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	(int) 10 => array(
		'Article' => array(
			'id' => '2521',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With A Slow Start',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started its weekly trading in a sluggish manner on Sunday. The benchmark index of the country&rsquo;s capital market, which closed at 785.70 points on the last trading day of previous week settled at 783.68 points. The index fell shy to its earlier gains to edge down 2.02 points on Sunday. According to analysts, weak performance of shares of banks and finance companies contributed to the slow start of Nepse. Often termed as the &lsquo;heavyweight&rsquo; groups, sub-indices of both commercial banks and insurance companies fell on Sunday, weighing down on the overall performance of the stock market.</div>
<div>
	&nbsp;</div>
<div>
	On Sunday, a total of 1,018,870 units of shares of 127 companies were traded in the stock market. The turnover was recorded at Rs. 365.98 million throughout 2625 transactions. The total market capitalization, meanwhile, was registered at Rs 797.17 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Most of the sub-indices observed gain on Sunday. Hydropower sub-index was the highest gainer (11.04 points) followed by Finance (4.64 points), Hotels (2.47 points), &lsquo;Others&rsquo; (1.17 points) and Development Bank (0.63 points). &nbsp;Meanwhile, Banking sub-index was the biggest loser for the day (5.01 points) which was followed by Insurance (2.46 points). For the day, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loss 0.51 points to close at 173.32.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Weekly Indices" src="/userfiles/images/weekly%20(Copy).jpg" style="width: 550px; height: 355px; margin-left: 10px; margin-right: 10px;" /></div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse down almost 10 points Last Week</strong></span></div>
<div>
	After two-weeks of consecutive gains, Nepse index marked decline of 9.56 points last week. The benchmark index, which resumed its weekly trading on the first day (Sunday) at 794.64 points settled at 785.7 points on (Thursday). Analysts say that the decline in the stock market index was attributed to the declaration and distribution of dividends of the listed companies. &ldquo;As most of the companies listed in the country&rsquo;s stock market have declared and distributed cash dividends and bonus shares, it is obvious that price of the shares to correct,&rdquo; said one analyst. According to stock market fundamentals, it is natural to have some degree of correction after the distribution of bonus shares and dividends. As the number of shares increases, the net worth per share decreases. Similarly, he opines that despite the weakening of &lsquo;Poush-Masanta effect&rsquo;, many investors are still reluctant to invest to their full capacity at low prices.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the period of 19th to 23rd January, a total of 4.47 million units shares worth Rs 1.99 billion were traded in the stock market. The turnover increased by 28.57 per cent whereas, unit of shares traded rose 41.49 per cent, compared to the previous week. Similarly, the number of transactions went up 31.6 percent which was totaled at 12,914.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepal Bank Limited reached the top spot in terms of weekly turnover. Likewise, the bank also climbed to the number one spot in terms number of share units being transacted for the week. In terms of market capitalization, Nepal Telecom maintained its top position as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Out of nine sub-indices traded in the week, five saw gain and three witnessed loss. For the week, Hydropower sub-index was the biggest gainer with 38.53 points followed by Development Bank (15.28 points), Manufacturing and Processing (10.38 points), Finance (8.15 points) and Trading (0.76 points). &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The Hotels sub-index was the biggest weekly loser with 40.97 points. Similarly, Insurance sub-index was seen as the second biggest loser (21.87 points) whereas, Banking slide down by 21.64 points. Meanwhile, &lsquo;Others&rsquo; sub-index remained unchanged. For the week, The Sensitive Index representing the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies dipped by 2.5 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 143 companies were transacted in the stock market last week. Out of them, share price of 76 companies observed gain while, 51 saw decline. Share prices of 16 companies remained unchanged over the period.</div>',
			'published' => true,
			'created' => '2014-01-27',
			'modified' => '2014-02-09',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started its weekly trading in a sluggish manner on Sunday. The benchmark index of the country’s capital market, which closed at 785.70 points on the last trading day of previous week settled at 783.68 points. The index fell shy to its earlier gains to edge down 2.02 points on Sunday.',
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	(int) 11 => array(
		'Article' => array(
			'id' => '2470',
			'article_category_id' => '109',
			'title' => 'Nepse’s Opens Weekly Trading With Marginal Increase',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By TC Correspondent</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country&rsquo;s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday&rsquo;s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels. &nbsp;&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On Sunday a total of 1,740,135 units of share of 99 companies were traded throughout 1984 transactions. The turnover was recorded at Rs. 732.82 million. &nbsp;Meanwhile, the total market capitalization for the day was registered at Rs 807.84 billion.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	On Sunday, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loss 0.15 points to close at 176.51. Hydropower sub-index was the highest gainer (4.87 points) followed by Banking (2.29 points), Finance (1.63 points) and Development Bank (1.44 points). &nbsp;Sub-index of insurance companies was the biggest loser for the day (-12.46 points). Similarly, the sub-indices of &lsquo;Others&rsquo; and Hotels fell 5.87 points and 0.36 points respectively.</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse went up 12 Points Last Week</strong></span></div>
<div>
	Nepse index went up 12 points to settle at 794.64 points last week. The index continued its rally throughout last week as the easing of &lsquo;Poush-Masanta effect&rsquo; helped the investors to manage more money for investments. Also, the clearance of income tax payments by many businesses and investors in second quarter brought respite to the market contributing the continuation of Nepse&rsquo;s bull run.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, a total of 3.16 million units shares worth Rs 1.54 billion were traded in the stock market. Compared to the previous week, unit of shares traded declined 10.64 per cent whereas, the turnover increased by 4.09 per cent. Similarly, the number of transactions went down to 9,813 which was 11,776 in the previous week. Last week, number of transaction decreased by 16.76 per cent.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Promoter shares of Nabil Bank climbed to the top spot in terms of turnover. Likewise, Nabil Balance Fund-1 remained in the number 1 spot in terms number of units being transacted for the week. Nepal Telecom maintained its top position in terms of market capitalization as earlier weeks.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse, which opened at 782.2 points on the first day of weekly trading (Sunday), settled its weekly trading at 794.64 points on (Thursday). Most of the sub-indices of the stock market saw increase in their share prices. Hotels sub-index was the biggest weekly gainer with 110.43 points. The Hydropower sub-index was the second biggest gainer (79.43 points) for the week followed by Insurance (66.46 points), Development Banks (18.59 points) and &lsquo;Others&rsquo; (15.27 points). Similarly, the Banking sub-index gained 4.45 points and Finance rose by 2.48 points. Sub-index of the Trading also went up 1.85 points last week. Manufacturing and Processing, meanwhile, dipped 10.12 points. For the week, the Sensitive Index of class &lsquo;A&rsquo; listed companies gained 2.39 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Shares of 137 companies were transacted in the stock market last week. 82 companies observed gain in their share prices while, 34 companies saw decline. Share prices of 21 companies remained unchanged over the period.</div>
<div>
	&nbsp;</div>
<div>
	<img alt="" src="/userfiles/images/mm1%20(Copy).jpg" style="width: 550px; height: 336px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-01-20',
			'modified' => '2014-01-27',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) Index started with a marginal gain of 0.12 points on Sunday. The benchmark index of the country’s capital market, which closed at 794.64 points on the last trading day of previous week edged up 0.02 per cent to settle at 794.76 points on Sunday. Intra-day volatility was seen on the first day with the index rising up to 796 points and then coming down to 792 points before the closing. Market analysts say that Sunday’s sluggish performance of Nepse was due to the thin trading. According to them, bargain hunters demanded lower prices for the stocks. They said that sellers were mostly seen unconvinced to give away the stocks in low prices that they bought recently in higher price levels.',
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	(int) 12 => array(
		'Article' => array(
			'id' => '2522',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis (20 -26 January 2014)',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Averages (50 &amp; 200-day)&nbsp;</strong></span></div>
<div>
	The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div>
<div>
	RSI as a leading indicator RSI is believed to be most effective during periods of sideways movement. In the present context, RSI has been on an overall declining trend suggesting decreasing buying pressure in the market. During the last trading day of the previous week, the RSI closed at 64.11 and has been maintaining within the neutral zone. This suggests that the current market is neither highly over-bought nor over-sold.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Average Convergence-Divergence (MACD)</strong></span></div>
<div>
	Similar to the RSI, the MACD indicator has also been trending lower, however, at a greater momentum. Currently, the MACD chart is showing a form of divergence in Nepse. Since the first week of January, Nepse has been trending upwards while the MACD line has been accelerating in the downward direction. Thus, this can be considered as a bearish sign for Nepse in the near term.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>On Balance Volume (OBV)</strong></span></div>
<div>
	OBV is a momentum indicator that relates volume to the current price of index or security. If a price increase is supported by OBV, it confirms an uptrend, whereas if a price decrease is supported by OBV, it confirms a downtrend. Nepse reached 795.26 points on January 19, 2014 and then retraced lower. During the same timeframe, OBV also moved lower supporting the trend of Nepse.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Summary&nbsp;</strong></span></div>
<div>
	<strong>(19 &ndash;23 January, 2014)</strong></div>
<div>
	<strong>Close:</strong> 785.70</div>
<div>
	<strong>High:</strong> 795.26</div>
<div>
	<strong>Weekly Change :</strong> -8.94 (-1.13%) &nbsp;&nbsp;</div>
<div>
	<strong>Daily Average Turnover:</strong> NPR 398.1 million</div>
<div>
	<strong>Total Weekly Turnover:</strong> NPR 1990.48 Million</div>
<div>
	<strong>Immediate Support :</strong> 753.17</div>
<div>
	<strong>Immediate Resistance :</strong> 806.82</div>
<div>
	<strong>RSI :</strong> 64.11</div>
<div>
	<strong>MACD Line : </strong>18.98</div>
<div>
	<strong>Signal Line :</strong> 22.89</div>',
			'published' => true,
			'created' => '2014-01-27',
			'modified' => '2014-02-09',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The diverging 50-day and 200-day MA still confirms the current bull trend which began in March 29, 2012. At present, there have not been any major reversal trends in the moving averages that indicate that the market may be heading in the opposite direction. The nearest support level of Nepse stands at 753.17 points while the next resistance level stands at 806.82 points.',
			'sortorder' => '2367',
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	(int) 13 => array(
		'Article' => array(
			'id' => '2471',
			'article_category_id' => '109',
			'title' => 'Nepse’s Technical Analysis',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Relative Strength Index (RSI)</strong></span></div>
<div>
	The RSI remained in the overbought zone from November 11, 2013 to December 29, 2013 reaching as high as 92.77 on November 24, 2013. Since then, it retraced slightly and has been hovering in the neutral zone until January 16, the last trading day of week where it ended at 70.60. The positive outcome of election results has provided a boost to investor confidence which has brought huge volume into the secondary market. Many investors who were sitting on the sidelines in the past several years are re-entering the market. Generally, when RSI reaches very high levels, there is a tendency to slide down further. However, this increased volume in the last two months has helped Nepse as well as RSI maintain them in higher levels.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Moving Average Convergence Divergence (MACD)</strong></span></div>
<div>
	The MACD is a momentum oscillator formed by using two different types of moving averages which provides specific buying or selling signals. The MACD line reached its highest point of 48.31 on December 22, 2013 and has been trending lower since. On December 31, 2013, the MACD line breached the signal line and crossed below which triggered a sell signal to market participants. In the past trading week, the MACD line has been moving towards the signal line. If the MACD line crosses above the signal line in the near future, it would present a buy signal. However, if there is no change in the current trend, it may signal further decline in Nepse. &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Market Summary&nbsp;</strong></span></div>
<div>
	<strong>(As of January 16, 2014)</strong></div>
<div>
	<strong>Close:</strong> 794.64</div>
<div>
	<strong>High: </strong>794.64&nbsp;</div>
<div>
	<strong>Weekly Change:</strong> 21.88 (2.83%)&nbsp;</div>
<div>
	<strong>Daily Average Turnover: </strong>NPR 387.02 Million&nbsp;</div>
<div>
	<strong>Total Weekly: </strong>NPR 1548.10 Million&nbsp;</div>
<div>
	<strong>Immediate Support: </strong>753.17</div>
<div>
	<strong>Immediate: </strong>806.82</div>
<div>
	<strong>Relative Strength Index (RSI): </strong>70.60</div>
<div>
	<strong>Moving Average Convergence Divergence (MACD): </strong>23.78 and 27.02</div>',
			'published' => true,
			'created' => '2014-01-20',
			'modified' => '2014-01-27',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'The RSI remained in the overbought zone from November 11, 2013 to December 29, 2013 reaching as high as 92.77 on November 24, 2013. Since then, it retraced slightly and has been hovering in the neutral zone until January 16, the last trading day of week where it ended at 70.60. The positive outcome of election results has provided a boost to investor confidence which has brought huge volume into the secondary market. Many investors who were sitting on the sidelines in the past several years are re-entering the market.',
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	(int) 14 => array(
		'Article' => array(
			'id' => '2419',
			'article_category_id' => '109',
			'title' => 'Nepse Begins The Week With A Decline',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	&nbsp;</div>
<div>
	<strong>--By Sanjeev Sharma</strong></div>
<div>
	&nbsp;</div>
<div>
	Nepal Stock Exchange Limited (Nepse) index, the barometer of country&rsquo;s capital market dropped by almost 5.28 points on Sunday, the first trading day of the week. The bench mark index, which was closing at 763.76 on Thursday-- the last trading day of previous week settled at 758.48 points on Sunday. Following the Nepse, Sensitive index representing class &lsquo;A&rsquo; listed companies in the secondary market, loses 1.39 points to settle at 169.56.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	The fall in Nepse Sunday is attributed by decrease in all sub-indices except Finance sub-index traded in the day. Hotel sub-index was the biggest loser with a fall of 45.23 points (4.01%). Similarly, the sub-indices of &lsquo;Other&rsquo;, Hydropower and Commercial banks fell by 15.27, 11.34 points and 4.99 points respectively for the day. The Insurance sub-index loses (2.39 points) followed by Development Banks sub-index (0.52 points) and Trading (0.08 points). &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<span style="font-size:14px;"><strong>Nepse Mostly Down for the Week in Thin Trading</strong></span></div>
<div>
	After sharp gains for 6 consecutive weeks, the Nepse index continued its retreat for second week in a row amid thin weekly trading. Nepse closed down by 16.03 points last week. Profit booking strategy of investors along with warnings about the unnatural surge in the index from regulators and top government officials seem to have reined the stock market. Many investors are selling the stocks they bought few months back to secure profit.</div>
<div>
	&nbsp;</div>
<div>
	For the period of 29th December and 3rd January, the number of transactions came down to 11,093 (which was 15,000 last week). In the mean time, altogether 3.6 million units shares that worth Rs 2.27 billion turnovers being sold in the stock market. Last week, Nepse&rsquo;s turnover fell by 36.18 per cent compared to the previous week. Similarly, the number of transaction and number of share traded also declined by 26 per cent and 33 per cent respectively. However, analysts say that the stock market will rise next week as selling pressure in the market is low despite the decline in the index. This indicates that the demand for shares in the lower price is exceeding its supply, which is expected to boost the price in the near term. &nbsp; &nbsp;</div>
<div>
	&nbsp;</div>
<div>
	According to the turnover, shares of the Nepal Bangladesh Bank reached the top spot for the week in the market. Nabil Balance Fund-1, meanwhile, climbed to no one spot in terms of the number of units being traded for the week. Likewise, Nepal Telecom maintained its top spot in terms of market capitalization in the domestic market.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	Nepse index which opened at 787.36 points on the first day of weekly trading (Sunday) fell by around 16 points to close at 763.76 on the last day of the week (Thursday). Most of the sub-indices listed in the Nepse witnessed decline in their values last week. According to weekly transaction, the Hotel sub-index was the biggest gainer with a rise of 17.16 points. All other sub-indices followed downward trend. Last week, Hydropower sub-index was the biggest loser (82.05 points). Similarly, the sub-index of insurance sector fell 38.29 points followed by commercial banks (19.9 points), development banks (7.6 points), finance companies (2.45 points). Likewise, the &lsquo;Other&rsquo; sub-index came down by 2.35 points. &nbsp;The Manufacturing sub-index remained unchanged as earlier weeks. The Sensitive Index which represents the share trading of blue chip stocks belonging to class &lsquo;A&rsquo; listed companies fell 4.25 points last week.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	For the week, shares of 125 companies were traded in the stock market. Share prices of 26 companies observed a gain, while price of 73 companies declined last week. Shares prices of 26 companies remained unchanged over the period.&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	<img alt="Nepse Index" src="/userfiles/images/indx%20(Copy)(2).jpg" style="width: 550px; height: 371px; margin-left: 10px; margin-right: 10px;" /></div>',
			'published' => true,
			'created' => '2014-01-06',
			'modified' => '2014-01-19',
			'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
			'description' => 'Nepal Stock Exchange Limited (Nepse) index, the barometer of country’s capital market dropped by almost 5.28 points on Sunday, the first trading day of the week. The bench mark index, which was closing at 763.76 on Thursday-- the last trading day of previous week settled at 758.48 points on Sunday. Following the Nepse, Sensitive index representing class ‘A’ listed companies in the secondary market, loses 1.39 points to settle at 169.56.',
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