NEPSE provides a ray of hope before Tihar; rises by 11.59 points to close at 1149.34 (Weekly Wrap up)
Fri, Oct 25, 2019 12:26 PM on Weekly Analysis, Latest, Stock Market,
NEPSE Index gained by 11.59 Points (1.02%) this week. NEPSE Index opened at 1137.75 points and closed at 1149.34 points. Index fell 4.04 points on Sunday, on Monday index lost 1.31 points, on Tuesday index gain 2.39 points to sit at 1134.79, on Wednesday index gain 7.81 points and on last trading day index gain by 6.74 points.
Candlestick pattern:
Two red candlestick and three green candlesticks was formed.
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 above both 5 days EMA and 20 days EMA but still 5 days EMA below the 20 days EMA. Values above moving average signals earlier possibilities to start of bull.
Moving Average Convergence and Divergence:
MACD line (blue) and the signal line (red line) are in negative zone. MACD line rises above the signal line, this indicates a bullish signal, which suggests that the NEPSE index is likely to experience upward momentum.
Fibonacci retracement method:
NEPSE Index is trading below 78.6% Fibonacci level. Trading below 61.8% indicates weight of bear is more than bull.
This week's market statistics:
Index Open-1137.75 points Index closed-1149.34 points
Index High- 1150.47 points Index low- 1133.07 points
Turnover
20-Oct-2019: 11.33 crores
21-Oct-2019: 16.43 crores
22-Oct-2019: 16.53 crores
23-Oct-2019: 16.37 crores
24-Oct-2019: 32.76 crores
Support and resistance level for next trading week according to Pivot Point.
Pivot Point- 1141 point
1st Resistance-1155 point 1st support-1138 point
2nd Resistance-1161 point 2nd support-1127 point
Conclusion: Nepse trading above 1150 will indicate for upper momentum in index.
Weekly Market Summary of NEPSE
More than 34.84 lakhs unit shares of worth Rs 93.43 crore has been traded through 17.26 thousand transactions this week compared to 33.34 lakhs unit of shares of worth Rs 82.07 crore, last week. The current market capitalization of NEPSE stands at Rs. 1,460,531.06 Million.
| This Week (Oct 20-24) | Last Week (Oct 14-17) | % Change | |
|---|---|---|---|
| Total Turnover (Rs.) | 934,395,602.00 | 820,701,637.00 | 13.85% |
| Total Traded Shares | 3,484,271.00 | 3,334,533.00 | 4.49% |
| Total No. of Transactions | 17,260.00 | 12,772.00 | 35.14% |
| Market Cap at (In million Rs) | 1,460,531.06 | 1,445,559.15 | 1.04% |
| Floated Market Cap at (In million Rs) | 529,136.23 | 523,344.96 | 1.11% |
| No of trading days | 5 | 4 |
The turnover has increased by 13.85% this week compared to last week and the total number of transaction also increased by 35.14%.
Sector-wise breakdown of the turnover of this week:
The commercial bank sector made 59.53% of the total turnover this week followed by microfinance sector with 8.61% of the total turnover.
| Sector | This Week (Oct 20-24) | |
|---|---|---|
| Turnover (Rs in Millions) | Weightage | |
| Commercial Banks | 556.22 | 59.53% |
| Microfinance | 80.45 | 8.61% |
| Hydro Power | 71.73 | 7.68% |
| Life Insurance | 52.69 | 5.64% |
| Non Life Insurance | 51.23 | 5.48% |
| Development Banks | 45.02 | 4.82% |
| Manufacturing And Processing | 24.48 | 2.62% |
| Promotor Shares | 19.63 | 2.10% |
| Hotels | 13.91 | 1.49% |
| Others | 10.17 | 1.09% |
| Finance | 7.31 | 0.78% |
| Mutual Fund | 1.5 | 0.16% |
| Preference Shares | 0.04 | 0.00% |
NEPSE index and Sub-indices performance: (Increment here is based on the previous week closed value)
The NEPSE index increased by 1.02%. Majority of the indices end the week with the gain. The top gainer sector of this week is Life Insurance Sector with the rise of 1.76%. The top looser of the week is Mutual Fund which decline by 1.79%.
| Index | This Week | Last Week | Change | % Change Index |
|---|---|---|---|---|
| NEPSE | 1,149.34 | 1,137.75 | 11.59 | 1.02% |
| Sensitive | 252.05 | 249.12 | 2.93 | 1.18% |
| Float | 85.21 | 84.29 | 0.92 | 1.09% |
| Sensitive Float | 80.93 | 79.98 | 0.95 | 1.19% |
| Banking | 1,056.66 | 1,044.79 | 11.87 | 1.14% |
| Development Bank | 1,562.97 | 1,556.79 | 6.18 | 0.40% |
| Finance | 576.3 | 570.17 | 6.13 | 1.08% |
| Hotels | 1,814.34 | 1,791.33 | 23.01 | 1.28% |
| HydroPower | 957.77 | 945.83 | 11.94 | 1.26% |
| Life Insurance | 5,093.04 | 5,005.06 | 87.98 | 1.76% |
| Manufacturing And Processing | 2,414.00 | 2,417.61 | -3.61 | -0.15% |
| Microfinance | 1,474.16 | 1,459.52 | 14.64 | 1.00% |
| Mutual Fund | 9.34 | 9.51 | -0.17 | -1.79% |
| Non Life Insurance | 4,219.18 | 4,243.39 | -24.21 | -0.57% |
| Others | 649.39 | 640.58 | 8.81 | 1.38% |
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 | RLFL | 115 | 3.89 | Finance |
| 2 | NNLB | 414 | 3.23 | Microfinance |
| 3 | CFCL | 115 | 3.09 | Finance |
| 4 | KADBL | 170 | 2.74 | Development Bank |
| 5 | GLBSL | 425 | 2.64 | Microfinance |
| 6 | SAPDBL | 122 | 2.3 | Development Bank |
| 7 | MSMBS | 460 | 2.14 | Microfinance |
| 8 | SPARS | 530 | 2 | Microfinance |
| 9 | MSLB | 887 | 1.97 | Microfinance |
| 10 | SMFDB | 504 | 1.88 | Microfinance |
Reliance Finance Limited (RLFL) has the highest monthly Beta value of 3.89 followed by the Naya Nepal Laghubitta (NNLB) with 3.23 beta value.
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:
NIBL Samriddhi Fund 1 (NIBSF1) is the top gainer of the week. NIBSF1 closed at Re 9.3 with Rs 0.78 (9.15%) increment.
| S.N. | Symbol | Open Price (Rs.) | Closing Price (Rs.) | Change (Rs.) | Change (%) |
|---|---|---|---|---|---|
| 1 | NIBSF1 | 8.52 | 9.3 | 0.78 | 9.15 |
| 2 | GGBSL | 286 | 311 | 25 | 8.74 |
| 3 | SPDL | 75 | 81 | 6 | 8 |
| 4 | RHPL | 167 | 180 | 13 | 7.78 |
| 5 | CFCL | 107 | 115 | 8 | 7.48 |
| 6 | HPPL | 138 | 148 | 10 | 7.25 |
| 7 | NICA | 386 | 411 | 25 | 6.48 |
| 8 | MHNL | 79 | 84 | 5 | 6.33 |
| 9 | AHPC | 98 | 104 | 6 | 6.12 |
| 10 | NHPC | 53 | 56 | 3 | 5.66 |
Top Ten Losers of the week:
Everest Bank Limited Convertible Preference Share (EBLCP) price has decreased by 13.78% and its LTP stands at Rs 613.
| S.N. | Symbol | Open Price (Rs.) | Closing Price (Rs.) | Change (Rs.) | Change (%) |
|---|---|---|---|---|---|
| 1 | EBLCP | 711 | 613 | -98 | -13.78 |
| 2 | RADHI | 148 | 136 | -12 | -8.11 |
| 3 | CEFL | 116 | 107 | -9 | -7.76 |
| 4 | DHPL | 58 | 54 | -4 | -6.9 |
| 5 | MSMBS | 493 | 460 | -33 | -6.69 |
| 6 | KKHC | 60 | 56 | -4 | -6.67 |
| 7 | NLG | 591 | 561 | -30 | -5.08 |
| 8 | UIC | 265 | 253 | -12 | -4.53 |
| 9 | AKPL | 136 | 130 | -6 | -4.41 |
| 10 | PICL | 458 | 440 | -18 | -3.93 |
Top Stocks by Turnover and Number of Transaction:
Prabhu Bank Limited (PRVU) was the top traded company of the week. Total Rs 8.70 crore worth of PRVU shares were traded this week.
| S.N. | Top Turnover | Top No of Transaction | ||
|---|---|---|---|---|
| Symbol | Turnover (Rs.) | Symbol | Trans (No) | |
| 1 | PRVU | 87,047,496 | RHPL | 1,609 |
| 2 | MBL | 77,284,782 | SJCL | 1,141 |
| 3 | NICA | 65,879,952 | PRVU | 803 |
| 4 | NBL | 33,308,179 | NICA | 585 |
| 5 | NABIL | 30,019,841 | UPPER | 564 |
| 6 | EBL | 29,573,705 | MEGA | 420 |
| 7 | MEGA | 26,285,849 | NLIC | 386 |
| 8 | NLIC | 25,763,597 | SCB | 373 |
| 9 | RHPL | 24,983,530 | NIB | 344 |
| 10 | SBL | 23,601,466 | NMBMF | 340 |
Top Buyers Brokers of the Week:
Dakshinkali Investment Securities (Broker No- 33) was the top buyer broker of this week and it has bought stocks of worth Rs 9.93 crores.
| S.N. | Broker No. | Broker Name | Buy Amount (Rs.) |
|---|---|---|---|
| 1 | 33 | Dakshinkali Investment Securities | 99,362,678.00 |
| 2 | 39 | Sumeru Securities Pvt.Limited | 77,985,077.00 |
| 3 | 6 | Agrawal Securities Pvt. Limited | 67,739,012.00 |
| 4 | 49 | Online Securities Pvt.Ltd | 59,989,522.00 |
| 5 | 34 | Vision Securities Pvt.Limited | 50,053,139.00 |
| 6 | 28 | Shree Krishna Securities Limited | 48,475,719.00 |
| 7 | 57 | Araya Tara Investment And Securities | 48,301,456.00 |
| 8 | 44 | Dynamic Money Managers Securities | 46,646,293.00 |
| 9 | 58 | Naasa Securities Co. Ltd. | 45,386,231.00 |
| 10 | 14 | Nepal Stock House Pvt. Limited | 42,327,695.00 |
Top Seller Broker of the Week:
Dakshinkali Investment Securities (Broker No- 33) is the top seller broker for this week. The brokerage firm has sold stocks of worth Rs 9.71 crores.
| S.N. | Broker No. | Broker Name | Sell Amount (Rs.) |
|---|---|---|---|
| 1 | 33 | Dakshinkali Investment Securities | 97,111,832.00 |
| 2 | 58 | Naasa Securities Co. Ltd. | 80,752,568.00 |
| 3 | 45 | Imperial Securities Co .Pvt.Limited | 75,275,309.00 |
| 4 | 34 | Vision Securities Pvt.Limited | 66,229,135.00 |
| 5 | 57 | Araya Tara Investment And Securities | 56,182,344.00 |
| 6 | 49 | Online Securities Pvt.Ltd | 52,553,006.00 |
| 7 | 44 | Dynamic Money Managers Securities | 49,506,658.00 |
| 8 | 39 | Sumeru Securities Pvt.Limited | 47,279,538.00 |
| 9 | 32 | Premier Securites Company Limited | 35,690,197.00 |
| 10 | 38 | Dipshika Dhitopatra Karobar Co. | 31,977,012.44 |
Top 10 Market Capitalization Companies:
| S. No. | Symbol | Capitalization (Rs. In Million) |
|---|---|---|
| 1 | NTC | 94,800.00 |
| 2 | NABIL | 69,156.86 |
| 3 | NIB | 57,270.38 |
| 4 | SCB | 45,344.70 |
| 5 | EBL | 44,709.63 |
| 6 | NLIC | 43,969.29 |
| 7 | HBL | 43,197.70 |
| 8 | NICA | 39,939.55 |
| 9 | ADBL | 37,324.29 |
| 10 | NMB | 36,741.38 |
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