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August 18: Nepse is likely to record an all-time high this week, barring unexpected events in the market.
On Monday, the second day of the trading week, Nepse registered a 45 point increase from the previous trading day, and closed at 1157.6. Market watchers say the index may cross the 1175 point mark on Tuesday itself.
“If the trend that we have been witnessing in the past few days continues, the market will reach a new high soon,” said Bharat Ranabhat of Kohinoor Securities.
The highest the index ever reached was on August 31,2008, when it closed at 1175.38.
According to analysts, the recent announcement by the central bank to make it mandatory for BFIs to increase their paid-up capital has encouraged new investors. Similarly, the news of insurance companies increasing their capital, and the publication of quarterly profit reports of listed companies has helped the index record a new high.
To add to that, the demand for shares of commercial banks has exceeded its supply, following the implementation of DEMAT trading. Ranabhat said not all shares of commercial banks have been de-materialised, and that is the reason why the supply has become low.
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'published' => true,
'created' => '2015-08-18',
'modified' => '2015-08-18',
'keywords' => '',
'description' => '',
'sortorder' => '2677',
'image' => null,
'article_date' => '2015-08-18 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '11'
),
'ArticleCategory' => array(
'id' => '34',
'name' => 'Biznews',
'parentOf' => '208',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '11',
'user_detail_id' => '0',
'group_id' => '24',
'username' => 'nsingha@abhiyan.com.np',
'name' => '',
'email' => 'nsingha@abhiyan.com.np',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2015-04-08 13:22:59',
'last_login' => '2023-04-16 09:29:47',
'ip' => '172.69.77.43'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '2833',
'hit' => '2130'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
