NEPSE Ends Week Up 0.18% with Rs 18.93 Arba Turnover; Weekly Summary with Sector Comparison and Key Highlights
The NEPSE Index closed at 2,591.80, gaining 4.55 points (0.18%) for the week, with total turnover of Rs 18.93 Arba. Only eight sector indices advanced, while Kutheli Bukhari Small Hydropower (KBSH) led gainers and Ridge Line Energy (RLEL) topped losers. Technical indicators remain cautious, with the index below key moving averages and support at 2,500.
Part 1: Rundown and Technical Analysis
The NEPSE Index closed the week at 2,591.80, up 4.55 points (0.18%). The index had ended the previous week at 2,587.25, down 1.62% from the week before.
This week, the index reached a high of 2,591.85 and a low of 2,557.80, resulting in a volatility of 34.05 points. The previous week saw volatility of 55.92 points.
The highest intraday gain was 17.15 points on Friday, with a turnover of Rs 4.83 Arba; however, the total turnover for the week stood at Rs 18.93 Arba.
Momentum Indicators
- The RSI reading on the daily timeframe is 48.67, while the weekly chart shows 43.54.
- The MACD is below zero, with the Signal line in negative territory, and the MACD reading at -6.61.
- 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 gain was 17.15 points on Friday, with a turnover of Rs 4.83 Arba; however, the total turnover for the week stood at Rs 18.93 Arba. Over 5.23 Crore unit shares have been traded through 2,21,706 transactions this week. The current market capitalization of NEPSE is Rs 4,458,211.88 million, i.e., Rs 44.58 Kharba.
NEPSE Index and Sub-indices Performance
(Gain/loss is based on the previous week's close)
The NEPSE index increased by 0.18% this week. Only eight sector indices closed in the green.
Stocks with the Highest Monthly Beta
The top three companies with the highest beta are:
- Sindhu Bikas Bank Limited (SINDU) – beta 5.884
- Trishuli Jal Vidhyut Company Limited (TVCL) – beta 3.564
- Appolo Hydropower Limited (APHL) – beta 2.363
Top Ten Gainers of the Week
Kutheli Bukhari Small Hydropower Limited (KBSH) is the top gainer. KBSH closed at Rs 970.00, up Rs 164.00 (20.35%).
Top Ten Losers of the Week
Ridge Line Energy Limited (RLEL)'s price decreased by 8.86%, with its LTP at Rs 668.00.
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
Ghalemdi Hydro Limited (GHL) is the top-traded company of the week. Rs 1.25 Arba worth of GHL 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 and purchased stocks worth Rs 1.47 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 1.49 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.