Life Insurance sector lost the most this week; number of transaction fall by 17.35%; Weekly Wrap Up of the NEPSE index
Fri, Aug 30, 2019 1:52 PM on NEPSE News, Weekly Analysis, Stock Market, Featured,
NEPSE index movement:
The Index opened at 1213.06 points and closed at 1196.41 points with the loss of 16.65 points (1.39%). On Sunday the index was down by 3.44 points, on Monday index lost 6.49 points, on Tuesday index gain 4.87 points, on Wednesday index continues its fall thus, lost 10.25 points and on Thursday index was down by 1.34 points.
Candlestick pattern:
Small sized and small body candlestick were formed in 4 trading days. On Wednesday, long black candled was made with the close below psychological level 1200.
Exponential Moving Average:
We have used EMA's of 5 days' time period (blue line), 20 days' time period (red line). At present, NEPSE Index is below both 5 days EMA and 20 days EMA. Value below moving average usually is bearish signal. Dead cross signal generated by moving average on 29th of July,2019 is still valid.
Moving Average Convergence and Divergence:
MACD line (blue) and the signal line (red line) are in negative zone. Histogram is also in negative zone which shows market could fall further in upcoming days.
Fibonacci retracement method:
Nepse Index closed at 1196.41 this week. 1193 is 61.8% Fibonacci retracement from low of 1098 to high of 1349.So, market may hover around 1190 to 1200 this week.
This week's market statistics:
Index Open-1213.06 points Index closed-1196.41 points
Index High- 1213.06 points Index low- 1194.09 points
Support and resistance level for next week according to Pivot Point.
Pivot Point- 1201 point
1st Resistance-1208 point 1st support-1189 point
2nd Resistance-1220 point 2nd support-1182 point
Conclusion: All major indicators are supporting for the downtrend. We can aspect continuation of bearish in next week as well.
Prediction: Low volatile range trading between 1180 – 1200.
Weekly Market Summary of NEPSE
60.24 lakhs unit shares of worth Rs 1.62 arba has been traded through 29.60 thousand transactions this week compared to 61 lakhs unit of shares of worth Rs 1.54 arba, last week. The current market capitalization of NEPSE stands at Rs. 1,519,459.38 Million.
| This week | Last week | Percentage Change | |
|---|---|---|---|
| Total Turnover (Rs.) | 1,624,838,377.00 | 1,545,974,121.00 | 5.10% |
| Total Traded Shares | 6,024,975.00 | 6,100,559.00 | -1.24% |
| Total No. of Transactions | 29,600.00 | 35,815.00 | -17.35% |
| Market Cap at (In million Rs) | 1,519,459.38 | 1,539,801.04 | -1.32% |
| Floated Market Cap at (In million Rs) | 546,197.59 | 553,624.60 | -1.34% |
| No of trading days | 5 | 5 |
The turnover has increased by 5.10% this week compared to last week. However, the total number of transaction decreased by 17.35%.
Sector-wise breakdown of the turnover of this week:
The commercial bank sectors made 42% of the total turnover this week. The turnover in the commercial bank sector was 44.74% last week.
| Sector | This Week (Aug 25-29) | This Week (Aug 18-22) | ||
|---|---|---|---|---|
| Turnover (Rs in Millions) | Weightage | Turnover (Rs in Millions) | Weightage | |
| Commercial Banks | 697.94 | 42.95% | 691.6 | 44.74% |
| Promotor Shares | 291.26 | 17.93% | 194.09 | 12.55% |
| Microfinance | 162.74 | 10.02% | 159.88 | 10.34% |
| Hydro Power | 130.55 | 8.03% | 115.75 | 7.49% |
| Life Insurance | 87.17 | 5.36% | 112.23 | 7.26% |
| Development Banks | 86.26 | 5.31% | 62.01 | 4.01% |
| Non Life Insurance | 46.84 | 2.88% | 57.23 | 3.70% |
| Others | 45.24 | 2.78% | 48.68 | 3.15% |
| Manufacturing And Processing | 40.61 | 2.50% | 47.57 | 3.08% |
| Finance | 16.22 | 1.00% | 32.87 | 2.13% |
| Hotels | 15.11 | 0.93% | 17.48 | 1.13% |
| Mutual Fund | 4.84 | 0.30% | 5.85 | 0.38% |
| Tradings | 0.05 | 0.00% | 0.72 | 0.05% |
| Preference Shares | 0.01 | 0.00% | 0.01 | 0.00% |
NEPSE index and Sub-indices performance: (Increment here is based on the previous week closed value)
The NEPSE index declined by 1.37%. Majority of the indices end the week with the loss. Top loser sector of this week is Life Insurance Sector with the decrement of 3.70%.
The top gainer of the week is the trading sector with 1.07% increment.
| Index | This Week | Last Week | Point Change | % Change Index |
|---|---|---|---|---|
| NEPSE | 1,196.41 | 1,213.06 | -16.65 | -1.37% |
| Sensitive | 261.24 | 263.7 | -2.46 | -0.93% |
| Float | 88.06 | 89.3 | -1.24 | -1.39% |
| Sensitive Float | 83.34 | 84.18 | -0.84 | -1.00% |
| Banking | 1,087.92 | 1,097.95 | -10.03 | -0.91% |
| Development Bank | 1,583.90 | 1,588.97 | -5.07 | -0.32% |
| Finance | 580.68 | 582.07 | -1.39 | -0.24% |
| Hotels | 2,001.26 | 2,022.69 | -21.43 | -1.06% |
| HydroPower | 1,014.57 | 1,048.02 | -33.45 | -3.19% |
| Life Insu | 5,491.79 | 5,702.96 | -211.17 | -3.70% |
| Manufacturing And Processing | 2,515.51 | 2,560.64 | -45.13 | -1.76% |
| Microfinance | 1,510.74 | 1,516.89 | -6.15 | -0.41% |
| Mutual Fund | 9.78 | 9.9 | -0.12 | -1.21% |
| Non Life Insu | 4,638.62 | 4,759.17 | -120.55 | -2.53% |
| Others | 685.89 | 696.3 | -10.41 | -1.50% |
| Trading | 282.13 | 279.13 | 3.00 | 1.07% |
Stock with the highest monthly Beta value from the Banking &Finance Sector
The table below shows the list:
| SN | Stock Symbol | LTP | Monthly Beta |
|---|---|---|---|
| 1 | GLBSL | 475 | 5.97 |
| 2 | SPARS | 599 | 5.32 |
| 3 | AKBSL | 318 | 5.31 |
| 4 | NADEP | 478 | 4.9 |
| 5 | WMBF | 89 | 4.77 |
| 6 | SLBSL | 737 | 4.77 |
| 7 | MLBBL | 452 | 4.35 |
| 8 | GMFBS | 518 | 4.33 |
| 9 | NNLB | 438 | 4.31 |
| 10 | GBLBS | 347 | 3.88 |
Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has the highest monthly Beta value of 5.97 followed by the Sparsha Laghubitta Bittiya Sanstha Limited (SPARS) with 5.32 beta value.
All the analysis are done with the SS Pro Software. To know more about the software click on the link below
Top Ten Gainers of the week:
Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) is the top gainer of the week. SABSL closed at Rs 441 with Rs 121 (37.81%) increment.
| S.N. | Symbol | Open Price (Rs.) | Closing Price (Rs.) | Change (Rs.) | Change (%) |
|---|---|---|---|---|---|
| 1 | SABSL | 320 | 441 | 121 | 37.81 |
| 2 | SINDU | 128 | 138 | 10 | 7.81 |
| 3 | PROFL | 98 | 104 | 6 | 6.12 |
| 4 | MERO | 535 | 564 | 29 | 5.42 |
| 5 | STC | 575 | 603 | 28 | 4.87 |
| 6 | NADEP | 466 | 478 | 12 | 2.58 |
| 7 | BNT | 6,300.00 | 6,426.00 | 126 | 2 |
| 8 | RMDC | 651 | 663 | 12 | 1.84 |
| 9 | SMATA | 1,300.00 | 1,323.00 | 23 | 1.77 |
| 10 | CFCL | 115 | 117 | 2 | 1.74 |
Top Ten Losers of the week:
Panchthar Power Company Limited (PPCL) price has decreased by 9.91%.
| S.N. | Symbol | Open Price (Rs.) | Closing Price (Rs.) | Change (Rs.) | Change (%) |
|---|---|---|---|---|---|
| 1 | PPCL | 111 | 100 | -11 | -9.91 |
| 2 | PIC | 450 | 410 | -40 | -8.89 |
| 3 | RMDCPO | 350 | 319.5 | -30.5 | -8.71 |
| 4 | GLICL | 460 | 420 | -40 | -8.7 |
| 5 | CEFL | 116 | 106 | -10 | -8.62 |
| 6 | RHPL | 200 | 185 | -15 | -7.5 |
| 7 | AKJCL | 67 | 62 | -5 | -7.46 |
| 8 | UPCL | 83 | 77 | -6 | -7.23 |
| 9 | SJCL | 217 | 203 | -14 | -6.45 |
| 10 | WMBF | 95 | 89 | -6 | -6.32 |
Top Stocks by Turnover and Number of transaction:
RMDC Promoter was the top traded company of the week. More than Rs 10.54 crore worth of RMDCPO shares were traded this week.
| S.N. | Top Turnover | Top No of Transaction | ||
|---|---|---|---|---|
| Symbol | Turnover (Rs.) | Symbol | Trans (No) | |
| 1 | RMDCPO | 105,466,236 | RHPL | 3,648 |
| 2 | PRVUPO | 102,161,784 | SJCL | 3,593 |
| 3 | NICA | 97,323,081 | NICA | 1,002 |
| 4 | NBL | 72,334,534 | UPPER | 981 |
| 5 | KBL | 69,295,484 | KBL | 710 |
| 6 | PRVU | 50,787,132 | PRVU | 613 |
| 7 | CBBLPO | 47,037,120 | NIB | 587 |
| 8 | NIB | 41,300,454 | MEGA | 552 |
| 9 | NLIC | 39,508,623 | NBL | 532 |
| 10 | NABIL | 38,668,470 | NLIC | 527 |
Top Buyers Brokers of the Week:
Vision Securities Pvt. Limited (Broker No- 34) was the top Buyer broker of this week and it has bought stocks of worth Rs 16.07 crores.
| S.N. | Broker No. | Broker Name | Buy Amount (Rs.) |
|---|---|---|---|
| 1 | 34 | Vision Securities Pvt.Limited | 160,770,412.70 |
| 2 | 35 | Kohinoor Investment and Securities | 121,557,027.00 |
| 3 | 45 | Imperial Securities Co .Pvt.Limited | 98,069,830.45 |
| 4 | 49 | Online Securities Pvt.Ltd | 95,213,998.60 |
| 5 | 13 | Thrive Brokerage House Pvt. Limited | 76,865,864.00 |
| 6 | 44 | Dynamic Money Managers Securities | 56,286,267.00 |
| 7 | 33 | Dakshinkali Investment Securities | 53,207,420.00 |
| 8 | 47 | Neev Securities Pvt.Ltd | 48,277,328.00 |
| 9 | 38 | Dipshika Dhitopatra Karobar Co. | 47,774,951.00 |
| 10 | 39 | Sumeru Securities Pvt.Limited | 40,180,941.00 |
Top Seller Broker of the Week:
Dakshinkali Investment Securities (Broker No- 33) is the top seller broker for this week. The brokerage firm has sold stocks of worth Rs 15.24 crores.
| S.N. | Broker No. | Broker Name | Sell Amount (Rs.) |
|---|---|---|---|
| 1 | 33 | Dakshinkali Investment Securities | 152,447,614.00 |
| 2 | 11 | Malla & Malla Stock Broking Company | 121,786,212.00 |
| 3 | 4 | Opal Securities Investment | 95,525,967.00 |
| 4 | 58 | Naasa Securities Co. Ltd. | 91,123,468.40 |
| 5 | 49 | Online Securities Pvt.Ltd | 79,698,706.68 |
| 6 | 44 | Dynamic Money Managers Securities | 57,638,787.44 |
| 7 | 50 | Crystal Kanchenjunga Securities | 51,311,299.00 |
| 8 | 17 | ABC Securities Pvt. Limited | 51,104,524.50 |
| 9 | 45 | Imperial Securities Co .Pvt.Limited | 42,247,529.90 |
| 10 | 42 | Sani Securities Company Limited | 41,575,467.10 |
All the analysis are done with the SS Pro Software. To know more about the software click on the link below
Top Market Capitalization Company:
| S. No. | Symbol | Capitalization (Rs. In Million) |
|---|---|---|
| 1 | NTC | 100050 |
| 2 | NABIL | 69336.96 |
| 3 | NIB | 59715.63 |
| 4 | EBL | 51693 |
| 5 | SCB | 50071.44 |
| 6 | HBL | 46179.79 |
| 7 | NLIC | 45563.17 |
| 8 | NICA | 38782.26 |
| 9 | ADBL | 38406.15 |
| 10 | SBI | 37599.16 |
