Finance sector lost the most; turnover decline by 13.52% to Rs 1.54 arba; Weekly Wrap Up of the NEPSE index

Fri, Aug 23, 2019 3:39 PM on Featured, NEPSE News, Weekly Analysis,

Market declined by 10.97 points (0.90%) this week. This week the market opened at 1224.03 points on Sunday and closed at 1213.06 points Thursday. On the first trading day the index was down by 9.20 points, on Monday index went up by 7.23 points, on Tuesday index lost 8.43 points, on Wednesday index slightly went up by 0.43 points and on Thursday index was down by 0.99 points.

 

Candlestick pattern:

Long candle was made in 3 trading days and doji candle made in last 2 trading days. This week NEPSE index traded in support zone of 1214 but closed at 1213.These candlestick pattern indicates low volatility and lesser charm in market.

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. Value below moving average usually is bearish signal. Dead cross signal generated by moving average on 29th of July,2019 is still valid.

Relative Strength Index:

Currently, relative strength index is at oversold zone, 30.14 level.

Moving Average Convergence and Divergence:

MACD line (blue) and the signal line (red line) are in negative zone. Histogram is also in negative zone which shows market could fall further in upcoming days.

Fibonacci retracement method:

Nepse Index closed at 1213.06 this week. This week index closes below 50% Fibonacci retracement from low of 1102 to high of 1349.Now need to wait for major Fibonacci retracement of 61.8% i.e., at 1195 level.

This week's market statistics:

Index Open-1224.03 points                Index closed-1213.06 points

Index High- 1229.50 points                Index low- 1209.77 points

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

Pivot Point- 1217 point

1st Resistance-1225 point                1st support-1205 point

2nd Resistance-1237 point               2nd support-1197 point

Conclusion: All major indicators are supporting for the downtrend. We can aspect continuation of bearish in next week as well.

Prediction: Low volatile downtrend.

Weekly Market Summary of NEPSE

More than 61 lakhs unit shares of worth Rs 1.54 arba has been traded through 35.81 thousand transactions this week compared to 75.38 lakhs unit of shares of worth Rs 1.78 arba, last week. The current market capitalization of NEPSE stands at Rs. 1,539,801.04 Million.

  This week Last week Percentage Change
Total Turnover (Rs.) 1,545,974,121.00 1,787,761,488.00 -13.52%
Total Traded Shares 6,100,559.00 7,538,105.00 -19.07%
Total No. of Transactions 35,815.00 51,321.00 -30.21%
Market Cap at (In million Rs) 1,539,801.04 1,551,599.38 -0.76%
Floated Market Cap at (In million Rs) 553,624.60 556,697.31 -0.55%
No of trading days 5 5  

The turnover has decreased by 13.52% this week compared to last week. 

Sector-wise breakdown of the turnover of this week:

The commercial bank sectors made 44.74% of the total turnover this week. The turnover in the commercial bank sector was 51% of the total turnover last week.

Hydropower and Microfinance sector makes around 22.89% of the total turnover this week.

Sector This Week (Aug 18-22) Last Week (Aug 11-Aug 15)
Turnover (Rs in Millions) Weightage Turnover (Rs in Millions) Weightage
Commercial Banks 691.6 44.74% 911.73 51.00%
Hydro Power 194.09 12.55% 239.91 13.42%
Microfinance 159.88 10.34% 150.64 8.43%
Development Banks 115.75 7.49% 105.69 5.91%
Hotels 112.23 7.26% 8.96 0.50%
Promotor Shares 62.01 4.01% 137.2 7.67%
Non Life Insurance 57.23 3.70% 40.69 2.28%
Manufacturing And Processing 48.68 3.15% 37.62 2.10%
Life Insurance 47.57 3.08% 88.85 4.97%
Others 32.87 2.13% 38.35 2.15%
Finance 17.48 1.13% 16.85 0.94%
Mutual Fund 5.85 0.38% 10.45 0.58%
Tradings 0.72 0.05% 0.81 0.05%
Preference Shares 0.01 0.00% 0.01 0.00%

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

The NEPSE index declined by 0.90%. Majority of the indices end the week with the loss. Top loser sector of this week is Finance Sector with the decrement of 6.61%.

The top gainer of the week is the trading sector with 3.28%.

Index This Week Last Week Point Change % Change Index
NEPSE 1,213.06 1,224.03 -10.97 -0.90%
Sensitive 263.7 264.68 -0.98 -0.37%
Float 89.3 89.96 -0.66 -0.73%
Sensitive Float 84.18 84.16 0.02 0.02%
Banking  1,097.95 1,102.45 -4.50 -0.41%
Development Bank 1,588.97 1,592.73 -3.76 -0.24%
Finance 582.07 623.28 -41.21 -6.61%
Hotels 2,022.69 2,047.00 -24.31 -1.19%
HydroPower 1,048.02 1,084.11 -36.09 -3.33%
Life Insu 5,702.96 5,802.69 -99.73 -1.72%
Manufacturing And Processing 2,560.64 2,576.34 -15.70 -0.61%
Microfinance 1,516.89 1,517.15 -0.26 -0.02%
Mutual Fund 9.9 9.96 -0.06 -0.60%
Non Life Insurance 4,759.17 4,894.03 -134.86 -2.76%
Others 696.3 698.86 -2.56 -0.37%
Trading 279.13 270.26 8.87 3.28%

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

The table below shows the list:

SN Stock Symbol LTP Monthly Beta Sector
1 GLBSL 480 6.02 Microfinance
2 SPARS 612 6.01 Microfinance
3 NADEP 466 5.76 Microfinance
4 MLBBL 477 5.58 Microfinance
5 SMFBS 811 5.54 Microfinance
6 NAGRO 783 5.41 Microfinance
7 LLBS 764 5.34 Microfinance
8 SLBSL 740 4.78 Microfinance
9 NSEWA 435 4.56 Microfinance
10 GMFBS 527 4.5 Microfinance

Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has the highest monthly Beta value of 6.02 followed by the Sparsha Laghubitta Bittiya Sanstha Limited (SPARS) with 6.01 beta value.

All the companies of the top ten beta value belong to the microfinance sector.

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 Gainers of the week:  

Global IME Laghubitta Bittiya Sanstha Limited (GILB) is the top gainer of the week. GMFBS closed at Rs 771 with Rs 91 (13.38%) increment.

S.N. Symbol Open Price (Rs.) Closing Price (Rs.) Change (Rs.) Change (%)
1 GILB 680 771 91 13.38
2 SLBSL 676 740 64 9.47
3 BBC 1,389.00 1,494.00 105 7.56
4 GFCL 134 141 7 5.22
5 RLFL 117 123 6 5.13
6 EBLCP 705 740 35 4.96
7 MLBL 203 212 9 4.43
8 CLBSL 504 525 21 4.17
9 HBL 540 560 20 3.7
10 LLBS 740 764 24 3.24

Top Ten Losers of the week:

 

S.N. Symbol Open Price (Rs.) Closing Price (Rs.) Change (Rs.) Change (%)
1 SEF 10 9.04 -0.96 -9.6
2 GLBSL 526 480 -46 -8.75
3 PICL 500 460 -40 -8
4 CHL 82 76 -6 -7.32
5 GHL 83 77 -6 -7.23
6 GMFBS 564 527 -37 -6.56
7 SIL 438 410 -28 -6.39
8 KKHC 63 59 -4 -6.35
9 NAGRO 835 783 -52 -6.23
10 UNHPL 66 62 -4 -6.06

Top Stocks by Turnover and Transaction:

Soaltee Hotel Limited (SHL) was the top traded company of the week. More than Rs 10.49 crore worth of SHL shares were traded this week.

S.N. Top Turnover Top No of Transaction
Symbol Turnover (Rs.) Symbol Trans (No)
1 SHL 104,951,428 RHPL 6,255
2 NICA 91,426,434 SJCL 5,685
3 RHPL 70,895,988 UPPER 990
4 ADBL 60,911,845 NIB 986
5 NIB 54,453,566 NICA 832
6 PRVU 50,221,464 ILBS 602
7 MBL 49,339,457 ADBL 537
8 NBL 44,656,390 PRVU 524
9 NABIL 43,875,194 NBL 468
10 SHIVM 41,649,463 MLBL 466

Top Buyers Brokers of the Week:

Vision Securities Pvt. Limited  (Broker No- 34) was the top Buyer broker of this week and it has bought stocks of worth Rs 18.88 crores.

S.N. Broker No. Broker Name Buy Amount (Rs.)
1 34 Vision Securities Pvt.Limited 188,891,300.50
2 45 Imperial Securities Co .Pvt.Limited 117,209,163.04
3 49 Online Securities Pvt.Ltd 76,149,685.00
4 33 Dakshinkali Investment Securities Pvt 50,893,993.00
5 44 Dynamic Money Managers Securities 48,021,506.00
6 32 Premier Securites Company Limited 46,745,389.00
7 38 Dipshika Dhitopatra Karobar Co. 43,314,343.00
8 28 Shree Krishna Securities Limited 42,822,839.72
9 43 South Asian Bulls Pvt.Limited 38,923,850.64
10 11 Malla & Malla Stock Broking Company 36,519,632.00

Top Seller Broker of the Week:

Vision Securities Investment Pvt. Limited. (Broker No- 34) is the top seller broker for this week. The brokerage firm has sold stocks of worth Rs 14.88 crores.

S.N. Broker No. Broker Name Sell Amount (Rs.)
1 34 Vision Securities Pvt.Limited 148,861,831.00
2 58 Naasa Securities Co. Ltd. 85,917,932.30
3 17 ABC Securities Pvt. Limited 85,226,886.72
4 4 Opal Securities Investment Pvt. Limited 64,865,382.50
5 25 Sweta Securities Pvt. Limited 60,993,101.00
6 57 Araya Tara Investment And Securities 57,953,625.00
7 45 Imperial Securities Co .Pvt.Limited 47,343,427.00
8 42 Sani Securities Company Limited 45,751,410.10
9 49 Online Securities Pvt.Ltd 43,872,786.00
10 44 Dynamic Money Managers Securities 41,022,944.04

Top Ten Companies with Highest Market Capitalization:

S. No. Symbol Capitalization (Rs. In arba)
1 NTC 101.10
2 NABIL 70.00
3 NIB 58.67
4 EBL 52.61
5 SCB 51.11
6 HBL 47.71
7 NLIC 47.49
8 NICA 40.11
9 ADBL 38.59
10 SBI 37.60

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

SS Pro