NEPSE Ends Week Down 1.62% with Rs 23.99 Arba Turnover; Sector-Wise Summary, Key Highlights, and More
The NEPSE Index closed the week at 2,587.25, down 42.56 points (1.62%), with a total turnover of Rs 23.99 Arba. All sector indices ended in the red, while momentum indicators suggest bearish sentiment. The 2,500 level is seen as immediate support, with 2,750 as major resistance.
Part 1: Rundown and Technical Analysis
The NEPSE Index closed at 2,587.25, down 42.56 points (1.62%) for the week. The index had closed at 2,629.81 last week, down 0.66% from the previous week.
This week, the index reached a high of 2,638.28 and a low of 2,582.36, resulting in a volatility of 55.92 points. The index had seen volatility of 65.72 points in the previous week.
The highest intraday loss was 16.48 points on Monday, with a turnover of Rs 5.38 Arba; however, the total turnover for the week stood at Rs 23.99 Arba.
Momentum Indicators
- The RSI reading on the daily timeframe is 45.43, while on the weekly chart it is 43.04.
- The MACD is below zero, and the Signal line is in the negative zone, with the MACD reading at -0.90.
- The NEPSE Index is below both the 20-day Exponential Moving Average and the 5-day Exponential Moving Average. Trading below the short moving average indicates earlier bearish sentiment.
The 2,500 level may serve as the nearest support, while the 2,750 zone will act as a major resistance zone.
Part 2: Insight into Important Data
The highest intraday loss was 11.78 points on Monday, with a turnover of Rs 5.38 Arba; however, the total turnover for the week stood at Rs 23.99 Arba. Over 6.08 Crore unit shares have been traded through 2,53,104 transactions this week. The current market capitalization of NEPSE is Rs 4,450,373.85 million, i.e., Rs 44.50 Kharba.
NEPSE Index and Sub-indices Performance
The NEPSE index decreased by 1.62% this week. All sector indices closed in the red.
Stocks with the Highest Monthly Beta
The top three companies with the highest beta are:
- Sindhu Bikas Bank Limited (SINDU) – Beta: 4.157
- Mailung Khola Jal Vidhyut Company Limited (MKJC) – Beta: 3.047
- Rasuwagadhi Hydropower Company Limited (RHPL) – Beta: 2.607
Top Ten Gainers of the Week
7% Laxmi Sunrise Debenture 2092 (LSD92) is the top gainer. LSD92 closed at Rs 1,150.00, up Rs 150.00 (15.00%).
Top Ten Losers of the Week
Garima Bikas Bank Limited (GBBL)'s price decreased by 11.19%, with its LTP at Rs 400.00.
All analyses are conducted using the SS Pro Software. To learn more about the software, click on the link below.
Top Stocks by Turnover, Volume, and Number of Transactions
Himalayan Distillery Limited (HDL) is the top-traded company of the week. Rs 95.92 Crores worth of HDL shares were traded this week.
Top Buyers Brokers of the Week
This week, Naasa Securities Co. Ltd. (Broker No. 58) was the top buying broker, purchasing stocks worth Rs 1.86 Arba.
Top 10 Bought Companies by Top Buyer Brokers
Top Seller Brokers of the Week
Naasa Securities Co. Limited (Broker No. 58) was the top seller broker for this week. The brokerage firm sold stocks worth Rs 1.56 Arba.
Top 10 Sold Companies by Top Seller Brokers
All analyses are conducted using the SS Pro Software. To learn more about the software, click on the link below.