After last week fall NEPSE increased by 1.98% this week; Naasa Securities remains top buyer broker; Nepal Reinsurance traded most this week too (Weekly Wrap up)

Fri, Aug 14, 2020 4:13 PM on Stock Market, Weekly Analysis, Featured,

NEPSE index gained 27.42 points (1.98%) in the trading week between 9th August to 13th August 2020. This week's market opened at 1381.37 points but closed 1408.79 points on Thursday. 78.09 points volatility was witnessed this week, with the market reaching the highest 1441.31 and the lowest 1363.22.

This week's market statistics:

Index Open- 1381.37 points                Index Close- 1408.79 points

Index High- 1441.31 points                 Index Low- 1363.22 points

Candlestick pattern:

This week, 2 green and 3 red candles were formed. Hammer Candlestick was formed at week low point.

Exponential Moving Average:

We have used EMA's of 5 days' time period (blue line), 20 days' time period (red line). At present, NEPSE Index is below both 5 days EMA and 20 days EMA. A value below the moving average usually is a bearish signal.

Moving Average Convergence and Divergence:

MACD line (blue) and the signal line (red line) are in Positive zone but the Signal line have crossed the MACD line, this indicates a bearish signal.

Fibonacci retracement:

A Fibonacci retracement refers to areas of support or resistance. The indicator is useful because it can be drawn between any two significant price points, such as a high and a low, and then the indicator will create the levels between those two points.

The Fibonacci retracement levels are

38.2% - 1402

50% - 1353

61.8% - 1305

78.6% - 1236


Average Turnover of this week: Rs 1.16 arba

Support and resistance level for the next trading week according to Pivot Point.

Pivot Point- 1404 point

1st Resistance- 1445 point                1st Support- 1367 point

2nd Resistance- 1482  point               2nd Support- 1326 point

3rd Resistance- 1521  point             3rd Support- 1287 point


Conclusion: Indicators are providing a signal of short term bearish. Strong Support is at 1380. Closing below 1380 indicates further downside in Nepse.


Weekly Market Summary of NEPSE:

More than 1.74 crore unit shares of worth Rs 5.80 arba has been traded through 1.32 lakh transactions this week. The current market capitalization of NEPSE stands at Rs. 1,859,667.04 Million.

Sector-wise breakdown of the turnover of this week:

The banking sector made 31.76% of the total turnover this week followed by the non-life insurance sector with 18.81% of the total turnover.

NEPSE index and Sub-indices performance: (Increment here is based on the previous week closed value)

The NEPSE index increased by 1.98% this week. All the sub-indices increased this week except for the hotel and trading sector. The top gainer sector of this week is the non-life insurance sector with a rise of 5.48% followed by a life insurance Sector with a rise of 2.86%.

Stock with the highest monthly Beta value from the Banking, Insurance & Finance Sector

Ajod Insurance Limited (AIL) has the highest monthly Beta value of 1.76 followed by Prudential Insurance Company Limited (PICL) and Nepal Bank Limited (NBL) with 1.64 and 1.58 beta value respectively.

Top Ten Gainers of the week:  

Sadhana Laghubitta Bittiya Sanstha Limited (SDLBSL) is the top gainer of this week. SDLBSL closed at Rs 635 with Rs 238 (59.95%) increment.

All the analysis are done with the SS Pro Software. To know more about the software click on the link below

SS Pro

Top Ten Losers of the week:

Nepal Finance Limited (NFS) price has decreased by 14.87% and its LTP stands at Rs 166.

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

Nepal Reinsurance Company Limited (NRIC) is the top traded company of the week. Total Rs 46.61 crore worth of NRIC shares were traded this week.

Top Buyers Brokers of the Week:

Naasa Securities (Broker No- 58) was the top buyer broker of this week and it has bought stocks of worth Rs 41.96 crore.

Top Buyer Brokers Top 10 Bought Companies:

Top Seller Broker of the Week:

Online Securities (Broker No- 49) is the top seller broker for this week. The brokerage firm has sold stocks worth Rs 32.94 crore.

Top Seller Brokers Top 10 Sold Companies:

Top Companies with Highest Market Capitalizations: