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 Latest, Stock Market, Weekly Analysis,

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

SS Pro

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