A week on review: Increasing interest rate and excessive supply drags the market down by 48 points, Nepal Telecom and Nepal Grameen most sold by top brokers this week
Fri, Dec 22, 2017 8:08 AM on Latest, Exclusive, Featured, Stock Market, Weekly Analysis,
The trading for the week ended with the market (NESPE) losing points for the 5 straight days of the week. The market losses total 48 points this week dragging the NEPSE index to 1472.15 points from last week of 1520.15.
After the last week completion of election result, the investors are worried about the increasing interest rate which again hurts the confidence of general investors. Again like last year, CD ratio of most of the commercial banks are almost tight and the obligation of advance tax payment to the government by business communities will further deepen the liquidity in coming days.
Now let us take a look at the sensitive index which started at the week at 320.65 and is following the downward trend to end the week at 309.94 and also the sensitive float and float index both opened at 96.99 and 108.89 respectively and closed at 94.05 and 105.66 respectively.
The following table shows the weekly change of the sub indexes in terms of both points and percentage change.
This week Top Company as per Total Amount, Total Transaction, Total Traded Shares and Gainer & Loser Lists stands as:
Floor sheet and Broker Analysis:
This week the top broker was Vision Securities P Limited (no 34) whish traded shares worth Rs26.16 crores, the succeeding brokers was Naasa securities (no 58) and Premier Securities (no 32) with Rs 25.29 crores and Rs 21.04 crores respectively.
The top 10 brokers by total amount and matching amount this week are:
The top 10 brokers based on buying and selling amounts are:
Likewise, the top 10 most traded (bought and sold) companies by the top 10 brokers are: