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 NEPSE News, Weekly Analysis, Featured,
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
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
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