Sparsha Laghubitta up by 37%;Shivam Cement traded the most;  Weekly Wrap Up of the NEPSE index

NEPSE index movement:

The index opened at 1315.97 points and closed at 1319.38 points with the minimal gain of 3.41 points (0.25 %).

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

This week's candle has a very small body with respect to its shadows. The NEPSE has formed the same kind of four candles in the last 5 weeks.

During this period, the market has witnessed some volatile periods however the clear dominance of either of buyers or sellers was not observed.

 This week’s candle shows the well-balanced battle between the seller and buyers. As the tail of the candle is somehow uniformly distributed on both sides.

Despite the huge turnover on the last trading day, the weekly turnover has decreased significantly compared to last week.

NEPSE Chart Analysis:

On the first and the last trading day of the week, we observed the larger bodied bearish candle followed by small-bodied candles.

Despite NEPSE’s gain on Thursday, the market had formed bearish candle on that day as NEPSE was not able to close above the opening price.

The 5-days EMA (blue line) and 20-days EMA (red line) is favoring a bullish trend.

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

SS Pro

Weekly Market Summary of NEPSE

More than 1.36 crore unit of shares of worth Rs 4.33 arba has been traded through 51 thousand transactions this week compared to 1.61 crore unit of shares of worth Rs 5.02 arba, last week. The current market capitalization of NEPSE stands at Rs. 1,639,559.21 Million.

The total turnover and total traded shares have decreased by 13.77% and 15.26% respectively. This week’s average turnover is Rs 86.63 crore

Sector-wise breakdown of the turnover of this week:

Around 45.5% of the total turnover raised by the commercial bank sector.

Hydropower and Manufacturing & Processing sector contributed 26% to the total turnover this week.

NEPSE index and Sub-indices performance: (Increment here is based on the previous week closed value)

The NEPSE index points fall by 0.37%.  All major indices have ended this week with the gain. The Top losing sector of last week, the Manufacturing and Processing sector has gained the most this week. The sub-index was up by 7.33%.

The top loser sub-index of this week is Hotel index, its value has increased by 2.82%.

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

SS Pro

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

The table below shows the list:

World Merchant Banking & Finance Limited (WMBF) has the highest monthly Beta value of 4.58.

Top Ten Gainers of the week:  

This list excludes the promoter’s shares.

Sparsha Laghubitta Bittiya Sanstha Limited (SPARS) is the top gainer of the week. SPARS closed at Rs 575 with Rs 158 (37.89%) increment.

Himalaya Urja Bikas Company Limited (HURJA) price has increased by Rs 30 (23.08%), this week.

Top Ten Losers of the week:

This list excludes the promoter’s shares.

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

SS Pro

Joshi Hydropower Development Company Limited (JOSHI) is the top loser of the week. JOSHI's stock opened at Rs 123 and closed at Rs 94 with the loss of 29.58% (Rs 23.58).

Panchthar Power Company Limited (PPCL) lost 9.94% (18).

Top Stocks by Turnover:

Shivam Cement Limited (SHIVM) was the top traded company of the week. More than Rs 66.11 crore worth of NBL shares were traded this week.

Prabhu bank limited (PRAVU) is the second top traded company of the week with Rs 43.95 crore transaction amount.

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

SS Pro

Top Buyers Brokers of the Week:

Vision Securities Pvt. Limited (Broker No- 34) was the top Buyer broker of this week and it has sold stocks of worth Rs 35.32 crores.

Top Seller Broker of the Week:

Again, Vision Securities Pvt. Limited. (Broker No- 34) is the top seller broker for this week. The brokerage firm has sold stocks of worth Rs 45.68 crores.