Shivam Cement’s price elevated by 39%;Total turnover increased by 42% ; Weekly Wrap Up of the NEPSE index

NEPSE index movement:

This week, the index opened at 1292.12 points and closed at 1318.71 points with a gain of 26.59 points (2.05%).

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

The NEPSE index has formed a bullish candle with a decent body in the weekly time period.

This week’s candle has the longer tail in the upper side compared to its lower side. Further, the market volume has increased compared to last week, that express the positive sentiment of an investor in the market.

NEPSE Chart Analysis:

This week, NEPSE has formed four bullish candles in a row but at the end, NEPSE closed with the bearish candle.

No special pattern was observed from the candlestick pattern this week. The volume has increased consistently in the daily time period.

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 1.56 crore unit of shares of worth Rs 4.94 arba has been traded through 50 thousand transactions this week compared to 1.24 crore unit of shares of worth Rs 3.46 arba, last week. The current market capitalization of NEPSE stands at Rs. 1,636,790.16 Million.

The turnover, as well as the number of traded shares, has increased massively by 42.71% and 23.08% respectively, compared to the last week.

Sector-wise breakdown of the turnover of this week:

Around 45% of the total turnover raised by the commercial bank sector.

10.9% of the total turnover elevated from the Non-Life Insurance sector 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 was up by 2.07% and this week the market has followed the “Save All Investor” anthem as we can see all except Life Insurance sub-indices were closed with the loss.

The top gainer sub-index of this week is the Manufacturing & Processing index, its value has increased by 11.95%. In the last two weeks, the Manufacturing & Processing index increased by more than 20%. On the other hand, the only loser index of this week is Life Insurance sub-index with the loss of a mere 0.15%.

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

The table below shows the list:

Progressive Finance Limited (PROFL) has the highest monthly Beta value of 2.75. That mean, the Progressive Finance had gain/lost 2.75% on every 1% gain/loss of the NESPE index in last one month.  Majority of the stock in the list belong to the commercial bank 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:  

This list excludes the promoter’s shares.

Shivam Cements Limited (SHIVM) is the top gainer of the week. SHIVM closed at Rs 572 with Rs 161 (39.17%) increment.  Last week, Shivam Cements Limited (SHIVM) price has increased by 19.48%. In the last two weeks, its price has increased by around 66%.

Nepal Hydro Developer Limited (NHDL) price has increased by Rs 23 (17.04%), this week.

Top Ten Losers of the week:

This list excludes the promoter’s shares.

Suryodaya Laghubitta Bittiya Sanstha Limited (SLBS) is the top loser of the week. SLBS's stock opened at Rs 964 and closed at Rs 853 with the loss of 11.51% (Rs 111).

Global IME Samunnat Scheme 1 (GIMES1) has lost 10.95% this week.

Top Stocks by Turnover:

Shivam Cements Limited (SHIVM) was the top traded company of the week. More than Rs 53.11 crore worth of SHIVM shares were traded this week.

Nepal Bank Limited (NBL) is the second top traded company of the week with Rs 37.30 crore transaction amount.

Top Buyers Brokers of the Week:

Naasa Securities Co. Ltd. (Broker No- 58) was the top Buyer broker of this week and it has sold stocks of worth Rs 35.65 crores.

Top Seller Broker of the Week:

Dakshinkali Investment Securities Pvt.Limited (Broker No- 33) is the top seller broker for this week. The brokerage firm has sold stocks of worth Rs 28.31 crores.

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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