NEPSE Concludes The Week With 0.20% Loss and Turnover of Rs 45.04 Arba; Weekly Summary with Sector Comparison, Major Highlights, and More

Part 1: Rundown and Technical Analysis

The NEPSE Index closed at 2,708.70, down 5.35 points (0.20%). The index closed at 2,714.05 last week, down 0.02% from the previous week.

This week, the index reached a high of 2,719.62 and a low of 2,659.86, resulting in a volatility of 59.76 points. The index had seen volatility of 85.53 points in the previous week.

The highest intraday gain was 27.20 points on Thursday, with a turnover of Rs 11.58 Arba; however, the total turnover for the week stood at Rs 45.04 Arba. 

Momentum Indicators

The RSI reading on the daily timeframe is 57.05. Meanwhile, the RSI reading on the weekly chart is 55.30.

Conversely, the MACD is above zero, and the Signal line is in the Positive zone, i.e., with the MACD reading at 18.52.

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

The 2,650 level may serve as the nearest support, while the 2,830 zone will act as a major resistance zone.

Part 2: Insight into Important Data

The highest intraday gain was 27.20 points on Thursday, with a turnover of Rs 11.58 Arba; however, the total turnover for the week stood at Rs 45.04 Arba. Over 11.05 Crore unit shares have been traded through 4,83,366 transactions this week. The current market capitalization of NEPSE is Rs. 4,547,977.37 million, i.e., Rs 45.47 Kharba.

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

The NEPSE index decreased by 0.20% this week. Only six sector indices are closed in the green.

Stocks with the highest Monthly Beta:

The top three companies with the highest beta are SY Panel Nepal Limited (SYPNL), Shreenagar Agritech Industries Limited (SAIL), and Trade Tower Limited (TTL) with 4.174, 4.056, and 3.921, respectively. 

Top Ten Gainers of the Week:

Kalinchowk Darshan Limited (KDL) is the top gainer. KDL closed at Rs. 1,078.10 with an increment of Rs. 275.70 (34.36%).
 

Top Ten Losers of the Week:

Kalika Power Company Limited (KPCL)'s price has decreased by 9.27%, and its LTP stands at Rs. 543.50. 

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

SSpro

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

SY Panel Nepal Limited (SYPNL) is the top-traded company of the week. Rs. 2.65 Arba worth of SYPNL 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. 3.33 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. 3.26 Arba.

Top 10 Sold Companies by Top Seller Brokers:

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

 SSPro