Non-life Insurance sector lost the most; turnover fall by 25%; Weekly Wrap Up of the NEPSE index

NEPSE index movement:

The index opened at 1285.49 points and closed at 1269.59 points with the loss of 15.9 points (1.23%). This week market was open only for four days.

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

This week the NEPSE has formed another bearish candle in a row. So formed candle has comparatively small body compared to last week’s candle. Though the market was clearly dominated by the sellers.

The weekly turnover has decreased constantly in the last four weeks.

NEPSE Chart Analysis:

NEPSE has formed bearish candle in all trading days in this week. NEPSE has formed 9 bearish candles in a row. During this period the NEPSE has lost 59 points (4.44%)

The volume has decreased on a daily basis. The decreasing volume showing the declining charm of the market.

On the other hand, the candlestick has formed a curvy line which shows the rate of fall has declined in recent times.

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 68.77 lakhs crore unit of shares of worth Rs 2.05 arba has been traded through 29 thousand transactions this week compared to 83 lakhs unit of shares of worth Rs 2.75 arba, last week. The current market capitalization of NEPSE stands at Rs. 1,579,387.95 Million.

The total turnover and total traded shares have decreased by 25.61% and 17.79% respectively.

The average daily turnover has decreased Rs 17 crore compared to last week and currently stands at Rs 51.26 crore.

Sector-wise breakdown of the turnover of this week:

Around 41.5% of the total turnover raised by the commercial bank sector.

Non-Life and Manufacturing & Promoter sector contributed 19.8% to the total turnover this 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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NEPSE index and Sub-indices performance: (Increment here is based on the previous week closed value)

The NEPSE index points fall by 1.17%.  All indices were on the losing side this week. The top losing sector of this week is Non-Life insurance. The sub-index lost 4.57%.

The top non-losing sub-index of this week is Development bank index, its value has lost Rs 0.07.

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

The table below shows the list:

Sparsha Laghubitta Bittiya Sanstha Limited (SPARS) has the highest monthly Beta value of 7.23 followed by the Corporate Development Bank Limited (CORBL) with 3.63 beta value.

Top Ten Gainers of the week:  

This list excludes the promoter’s shares.

Ganapati Microfinance Bittiya Sanstha Limited (GMFBS) is the top gainer of the week. GMFBS closed at Rs 273 with Rs 36 (15.19%) increment.

Khani Khola Hydropower Company Limited (KKHC) price has increased by Rs 9(14.06%), this week.

Top Ten Losers of the week:

This list excludes the promoter’s shares.

Nepal Hydro Developer Limited (NHDL) is the top loser of the week. NHDL's stock opened at Rs 163 and closed at Rs 129 with the loss of 20.86% (Rs 34).

Surya Life Insurance Company Limited (SLICL) lost 18.87% due to the adjustment of 12% bonus share of the company (107).

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 Stocks by Turnover:

Shivam Cement Limited (SHIVM) was the top traded company of the week. More than Rs 14.56 crore worth of SHIVM shares were traded this week.

NIC Asia Bank Limited (NICA) is the second top traded company of the week with Rs 10.27 crore transaction amount.

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 16.86 crores.

All the analysis are done with the SS Pro Software. To know more about the software click on the link below

SS Pro

Top Seller Broker of the Week:

Again, Online Securities Pvt. Ltd. (Broker No- 49) is the top seller broker for this week. The brokerage firm has sold stocks of worth Rs 19.03 crores.