NEPSE Concludes The Week With 0.18% Gain and Turnover of Rs 18.93 Arba; Weekly Summary with Sector Comparison, Major Highlights, and More

Part 1: Rundown and Technical Analysis

The NEPSE Index closed at 2,591.80, up 4.55 points (0.18%). The index closed at 2,587.25 last week, down 1.62% from the previous week.

This week, the index reached a high of 2,591.85 and a low of 2,557.80, resulting in a volatility of  34.05 points. The index had seen volatility of 55.92 points in the previous week.

The highest intraday gain was 17.15 points on Friday, with a turnover of Rs 4.83 Arba; however, the total turnover for the week stood at Rs 18.93 Arba. 

Momentum Indicators

The RSI reading on the daily timeframe is 48.67. Meanwhile, the RSI reading on the weekly chart is 43.54.

Conversely, the MACD is below zero, and the Signal line is in the Negative zone, i.e., with the MACD reading at -6.61.

The Nepse Index is below both the 20-day Exponential Moving Average and the 5-day Exponential Moving Average. The Index below the short moving average indicates earlier bearish sentiment.

The 2,500 level may serve as the nearest support, while the 2,750 zone will act as a major resistance zone.

Part 2: Insight into Important Data

The highest intraday gain was 17.15 points on Friday, with a turnover of Rs 4.83 Arba; however, the total turnover for the week stood at Rs 18.93 Arba. Over 5.23 Crore unit shares have been traded through 2,21,706 transactions this week. The current market capitalization of NEPSE is Rs. 4,458,211.88 million, i.e., Rs 44.58 Kharba.

NEPSE index and Sub-indices performance: (Gain/ loss is based on the previous week's close)

Stocks with the highest Monthly Beta:

The top three companies with the highest beta are Sindhu Bikas Bank Limited (SINDU), Trishuli Jal Vidhyut Company Limited (TVCL), and Appolo Hydropower Limited (APHL) with betas of 5.884, 3.564 and 2.363, respectively. 

Top Ten Gainers of the Week:

Top Ten Losers of the Week:

Ridge Line Energy Limited (RLEL)'s price has decreased by 8.86%, and its LTP stands at Rs. 668.00.

All analyses are conducted using the SS Pro Software. To learn more about the software, click on the link below.

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Top Stocks by Turnover, Volume, and Number of Transactions:

Ghalemdi Hydro Limited (GHL) is the top-traded company of the week. Rs. 1.25 Arba worth of GHL shares were traded this week.

Top Buyers Brokers of the Week:

This week, Naasa Securities Co. Ltd. (Broker No.- 58) was the top buying broker and purchased stocks worth Rs. 1.47 Arba.

Top 10 Bought Companies by Top Buyer Brokers

Top Seller Brokers of the Week:

Naasa Securities Co. Limited (Broker No.- 58) was the top seller broker for this week. The brokerage firm has sold stocks worth Rs. 1.49 Arba.

Top 10 Sold Companies by Top Seller Brokers:

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