Golden Cross observed in NEPSE; Mutual Fund Sector increased by 6%; Weekly Wrap of NEPSE index

Sat, Jul 20, 2019 4:27 PM on SS Pro, Stock Market, Weekly Analysis, Featured,

NEPSE index movement:

The index opened at 1248.94 points and closed at 1272.49 points with the decent gain of 23.55 points (1.88%).

The candlestick chart of the weekly time-period is shown below;

The NEPSE index has formed a bullish candle this week.  The market was volatile and interestingly the stock is floating above the strong resistance range of 1255-1225 points.

Special candlestick pattern was not observed this week. The weekly turnover has decreased significantly.

NEPSE Chart Analysis:

This week, the index has formed three bullish candles and two bearish candles respectively.

The market was very volatile this week.

We have observed a golden cross this week which do supports the buyers in the market.  Thursday candle closed at the lowest point of the day which shows the market was dominated by the sellers at the end of the week.

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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Weekly Market Summary of NEPSE

More than 85.99 lakhs unit shares of worth Rs 1.90 arba has been traded through 24 thousand transactions this week compared to 1.13 crore unit of shares of worth Rs 2.63 arba, last week. The current market capitalization of NEPSE stands at Rs. 1,584,393.40 Million.

Financials

This week

Last week

Percentage Change

Total Turnover (Rs.)

1,901,142,521.00

2,633,331,127.00

-27.80%

Total Traded Shares

8,599,017.00

11,387,516.00

-24.49%

Total No. of Transactions

24,133.00

34,667.00

-30.39%

Market Cap at (In million Rs)

1,584,393.40

1,554,362.51

1.93%

Floated Market Cap at (In million Rs)

565,462.60

553,916.88

2.08%

No of trading days

5

5

 

Average Turnover (Rs)

380,228,504.20

526,666,225.40

 

The turnover has decreased massively by 27.80% this week compared to last week. The Total Traded shares decreased by 24.49%.

Sector-wise breakdown of the turnover of this week:

The commercial bank sectors made 43% of the total turnover this week.

 

Promoter and Life Insurance sector makes around 20% of the total turnover this week.

Sector

Turnover (Rs in Millions)

Weightage

Commercial Banks

829.31

43.62%

Promotor Shares

228.49

12.02%

Life Insurance

147.95

7.78%

Microfinance

136.92

7.20%

Hydro Power

132.8

6.99%

Manufacturing and Processing

112.07

5.89%

Development Banks

107.94

5.68%

Non-Life Insurance

73.16

3.85%

Others

57.91

3.05%

Others Remaining

74.59

3.92%

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

The NEPSE index up by 1.92%. All the indices end the week with the gain this week. The top gaining sector of this week is the Mutual Fund Sector with the increment of 6.64%.

Non-Life insurance sector gains the least among all the sector with the gain of 1.19% gain.

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

The table below shows the list:

Stock Symbol

LTP

Monthly Beta

Sector

JSLBB

940

3.74

Microfinance

SLBBL

469

3.57

Microfinance

SDESI

602

3.38

Microfinance

NNLB

397

3.23

Microfinance

NMBMF

1,029

2.49

Microfinance

NLBBL

490

2.43

Microfinance

FMDBL

385

2.38

Microfinance

MERO

520

2.35

Microfinance

BFC

102

2.22

Finance

UMB

860

2.09

Microfinance

Janautthan Samudayic Laghubitta Bikas Bank Limited (JSLBB) has the highest monthly Beta value of 3.74 followed by the Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) with 3.57 beta value.

Nine out of 10 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

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Top Ten Gainers of the week:  

Siddhartha Bank Limited Promoter Share (SBLPO) is the top gainer of the week. SBLPO closed at Rs 200 with Rs 38 (23.46%) increment.

Symbol

Open Price (Rs.)

Closing Price (Rs.)

Change (Rs.)

Change (%)

SBLPO

162

200

38

23.46

MSLB

879

999

120

13.65

NEF

7.86

8.81

0.95

12.09

SDESI

545

602

57

10.46

SMFDB

500

550

50

10

NICGF

9.35

10.28

0.93

9.95

NMBHF1

9.16

10.03

0.87

9.5

UMB

797

860

63

7.9

CMF1

9.45

10.18

0.73

7.72

SIL

440

473

33

7.5

 Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) price has increased by Rs 120 (13.65%), this week.

Top Ten Losers of the week:

Global IME Laghubitta Bittiya Sanstha Limited (GILB) price has decreased by 41.68% (GILB Price has adjusted for 100% right share this week).

GILB's stock opened at Rs 1250 and closed at Rs 729.

Symbol

Open Price (Rs.)

Closing Price (Rs.)

Change (Rs.)

Change (%)

GILB

1,250.00

729

-521

-41.68

MPFL

133

120

-13

-9.77

AKPL

192

180

-12

-6.25

GHL

88

84

-4

-4.55

EDBLPO

160

155

-5

-3.12

CBBLPO

500

490

-10

-2

SMB

391

384

-7

-1.79

KKHC

67

66

-1

-1.49

NICL

355

350

-5

-1.41

NABIL

823

812

-11

-1.34

Multipurpose Finance Company Limited (MPFL) lost 9.77% (Rs 7) this week.

Top Stocks by Turnover:

Nepal Bank Limited (NBL) was the top traded company of the week. More than Rs 20.21 crore worth of NBL shares were traded this week.

Symbol

Open Price (Rs.)

Closing Price (Rs.) 

Change (Rs.)

Change (%)

Turnover (Rs.)

NBL

337

342

5

1.48

202,128,585

SHIVM

588

630

42

7.14

108,037,109

NLIC

889

895

6

0.67

97,499,719

NABIL

823

812

-11

-1.34

75,205,735

UPPER

267

283

16

5.99

64,863,290

NLICP

526

530

4

0.76

59,878,418

NICA

445

459

14

3.15

58,741,308

CBBLPO

500

490

-10

-2

51,768,500

CBL

157

160

3

1.91

49,937,957

PRVU

261

273

12

4.6

48,079,019

Shivam Cement (SHIVM) is the second top traded company of the week with Rs 10.80 crore transaction amount.

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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Top Buyers Brokers of the Week:

Dynamic Money Managers Securities Pvt.Ltd (Broker No- 44) was the top Buyer broker of this week and it has bought stocks of worth Rs 14.13 crores.

Broker No.

Broker Name

Buy Amount (Rs.)

44

Dynamic Money Managers Securities Pvt.Ltd

141,306,463.50

34

Vision Securities Pvt.Limited

128,043,314.56

49

Online Securities Pvt.Ltd

107,805,589.00

4

Opal Securities Investment Pvt. Limited

93,675,945.00

58

Naasa Securities Co. Ltd.

75,131,704.70

38

Dipshika Dhitopatra Karobar Co. Pvt.Limited

69,693,891.50

45

Imperial Securities Co .Pvt.Limited

59,016,369.00

42

Sani Securities Company Limited

57,609,291.90

39

Sumeru Securities Pvt.Limited

55,254,862.29

28

Shree Krishna Securities Limited

53,415,824.53

Top Seller Broker of the Week:

Opal Securities Investment Pvt. Limited. (Broker No- 4) is the top seller broker for this week. The brokerage firm has sold stocks of worth Rs 16.98 crores.

Broker No.

Broker Name

Sell Amount (Rs.)

4

Opal Securities Investment Pvt. Limited

169,813,715.00

42

Sani Securities Company Limited

146,263,980.29

44

Dynamic Money Managers Securities Pvt.Ltd

142,349,855.00

34

Vision Securities Pvt.Limited

127,674,879.74

38

Dipshika Dhitopatra Karobar Co. Pvt.Limited

102,009,148.02

49

Online Securities Pvt.Ltd

84,724,741.40

16

Primo Securities Pvt. Limited

65,109,913.00

28

Shree Krishna Securities Limited

56,732,721.00

50

Crystal Kanchenjunga Securities Pvt.Ltd

52,581,515.00

25

Sweta Securities Pvt. Limited

46,820,818.50

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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