Microfinance sector fell this week after continuous last two week rallies; Hydropower sector lost the most by 6.02%; Weekly Wrap up of the NEPSE index
Fri, Aug 9, 2019 3:52 PM on Stock Market, Weekly Analysis, Featured,
NEPSE Index movement:
The Index opened at 1263.84 points and closed at 1238.56 points with the loss of 25.28 points (2%). Market was bearish this week, index kept on losing points. On the first trading day the index was down by 4.20 points, on Monday index lost 4.55 points, on Tuesday index continues its fall thus, lost 9.36 points, on Wednesday index was up by 2.75 points and on Thursday index was down by 9.92 points.
Candlestick pattern:
On a daily candlestick pattern, no specific pattern was observed and on the weekly basis, a type of bearish marubozu has observed.1238.56 is the lowest point and closing for this week. Bearish marubozu supports the downtrend.
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 was generated by moving average on 29th of July,2019.
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:
Looking from low of 1102.32 to high of 1349.38, Fibonacci retracement shows major support of 50% is at 1224 and 61.8% is at 1195 level.
Support and resistance level for next week according to Pivot Point.
Pivot Point- 1247 point
1st Resistance-1257 point 1st support-1228 point
2nd Resistance-1276 point 2nd support-1218 point
Conclusion: All major indicators are supporting for the downtrend.
Prediction: Low volatile downtrend.
This week's market statistics:
Index Open-1263.87 points Index closed-1238.56 points
Index High- 1266.37 points Index low- 1237.70 points
Weekly Market Summary of NEPSE
More than 74.38 lakhs unit shares of worth Rs 2.19 arba has been traded through 56,809 transactions this week compared to 74.81 lakhs unit of shares of worth Rs 2.08 arba, last week. The current market capitalization of NEPSE stands at Rs. 1,567,426.60 Million.
| This week | Last week | Percentage Change | |
|---|---|---|---|
| Total Turnover (Rs.) | 2,191,387,636.00 | 2,086,215,671.00 | 5.04% |
| Total Traded Shares | 7,438,848.00 | 7,481,445.00 | -0.57% |
| Total No. of Transactions | 56,809.00 | 32,269.00 | 76.05% |
| Market Cap at (In million Rs) | 1,567,426.60 | 1,574,284.82 | -0.44% |
| Floated Market Cap at (In million Rs) | 562,441.89 | 561,899.39 | 0.10% |
| No of trading days | 5 | 5 |
The turnover has increased by 5.04% this week compared to last week. And also the total number of transactions increased by massive 76.05%.
Sector-wise breakdown of the turnover of this week:
The commercial bank sectors made 44.86% of the total turnover this week. The turnover in the commercial bank sector decreased by 19.47% compared to last week.
Microfinance sector weightage fell to 18.97% of the total turnover this week which was 24.37% last week.
| Sector | This Week (Aug 4-8) | Last Week (July 28-Aug 2) | ||
|---|---|---|---|---|
| Turnover (Rs in Millions) | Weightage | Turnover (Rs in Millions) | Weightage | |
| Commercial Banks | 983.08 | 44.86% | 822.82 | 39.44% |
| Microfinance | 415.6 | 18.97% | 508.33 | 24.37% |
| Hydro Power | 260.6 | 11.89% | 104.89 | 5.03% |
| Development Banks | 142.89 | 6.52% | 101.4 | 4.86% |
| Promotor Shares | 96.65 | 4.41% | 166.58 | 7.98% |
| Life Insurance | 90.23 | 4.12% | 86.62 | 4.15% |
| Non Life Insurance | 65.45 | 2.99% | 147.85 | 7.09% |
| Manu. And Processing | 58.09 | 2.65% | 75.06 | 3.60% |
| Others | 31.16 | 1.42% | 25.33 | 1.21% |
| Finance | 23.3 | 1.06% | 19.49 | 0.93% |
| Hotels | 15.94 | 0.73% | 11.28 | 0.54% |
| Mutual Fund | 7.34 | 0.33% | 16 | 0.77% |
| Tradings | 1.07 | 0.05% | 0.57 | 0.03% |
NEPSE index and Sub-indices performance: (Increment here is based on the previous week closed value)
The NEPSE index declined by 2%. Majority of the indices end the week with the loss. Top looser sector of this week is hydropower sector with the massive decrement of 6.02%.
The top gainer of the week is the trading sector with 1.27% rise.
| Index | This Week | Last Week | % Change Index |
|---|---|---|---|
| NEPSE | 1,238.56 | 1,263.84 | -2.00% |
| Sensitive | 268 | 272.53 | -1.66% |
| Float | 91.06 | 92.97 | -2.05% |
| Sensitive Float | 85.14 | 86.54 | -1.62% |
| Banking | 1,118.03 | 1,136.29 | -1.61% |
| Development Bank | 1,595.07 | 1,616.90 | -1.35% |
| Finance | 620.77 | 630.96 | -1.61% |
| Hotels | 2,030.80 | 2,066.66 | -1.74% |
| HydroPower | 1,111.54 | 1,182.77 | -6.02% |
| Life Insu | 5,842.77 | 5,894.31 | -0.87% |
| Manufacturing And Processing | 2,576.08 | 2,652.89 | -2.90% |
| Microfinance | 1,523.99 | 1,569.65 | -2.91% |
| Mutual Fund | 9.94 | 10.08 | -1.39% |
| Non Life Insurance | 4,958.09 | 5,073.53 | -2.28% |
| Others | 709.36 | 718.39 | -1.26% |
| Trading | 257.84 | 254.61 | 1.27% |
Stock with the highest monthly Beta value from the Banking &Finance Sector
The table below shows the list:
| SN | Stock Symbol | LTP | Monthly Beta | Sector |
|---|---|---|---|---|
| 1 | SDESI | 610 | 3.99 | Microfinance |
| 2 | GMFBS | 580 | 3.9 | Microfinance |
| 3 | SLBSL | 634 | 3.67 | Microfinance |
| 4 | NMFBS | 1,485 | 3.57 | Microfinance |
| 5 | MLBBL | 492 | 3.55 | Microfinance |
| 6 | LLBS | 760 | 3.4 | Microfinance |
| 7 | SPARS | 610 | 3.37 | Microfinance |
| 8 | NAGRO | 852 | 3.3 | Microfinance |
| 9 | SLBBL | 554 | 3.29 | Microfinance |
| 10 | NADEP | 463 | 3.19 | Microfinance |
Swadeshi Laghubitta Bittiya Sanstha Limited (SDESI) has the highest monthly Beta value of 3.99 followed by the Ganapati Microfinance Bittiya Sanstha Limited (LLBS) with 3.9 beta value.
All the companies of the top ten beta value belong to the microfinance sector.
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:
Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) is the top gainer of the week. SMFBS closed at Rs 780 with Rs 59 (8.18%) decrement.
| S.N. | Symbol | Open Price (Rs.) | Closing Price (Rs.) | Change (Rs.) | Change (%) |
|---|---|---|---|---|---|
| 1 | SMFBS | 721 | 780 | 59 | 8.18 |
| 2 | NAGRO | 789 | 852 | 63 | 7.98 |
| 3 | STC | 493 | 527 | 34 | 6.9 |
| 4 | SLBBL | 520 | 554 | 34 | 6.54 |
| 5 | GLICL | 452 | 477 | 25 | 5.53 |
| 6 | GMFIL | 125 | 130 | 5 | 4 |
| 7 | MSMBS | 503 | 523 | 20 | 3.98 |
| 8 | NLBBL | 554 | 570 | 16 | 2.89 |
| 9 | RRHP | 105 | 108 | 3 | 2.86 |
| 10 | CEFL | 105 | 107 | 2 | 1.9 |
Top Ten Losers of the week:
| S.N. | Symbol | Open Price (Rs.) | Closing Price (Rs.) | Change (Rs.) | Change (%) |
|---|---|---|---|---|---|
| 1 | SLBSL | 737 | 634 | -103 | -13.98 |
| 2 | CLBSL | 586 | 510 | -76 | -12.97 |
| 3 | ILBS | 533 | 469 | -64 | -12.01 |
| 4 | NSEWA | 510 | 459 | -51 | -10 |
| 5 | GBLBS | 410 | 371 | -39 | -9.51 |
| 6 | GILB | 765 | 700 | -65 | -8.5 |
| 7 | GMFBS | 633 | 580 | -53 | -8.37 |
| 8 | NADEP | 504 | 463 | -41 | -8.13 |
| 9 | ALBSL | 515 | 475 | -40 | -7.77 |
| 10 | SPARS | 660 | 610 | -50 | -7.58 |
Top Stocks by Turnover and Top Number of Transaction:
Agricultural Development Bank Limited (ADBL) was the top traded company of the week. More than Rs 17.28 crore worth of ADBL shares were traded this week.
| S.N. | Top Turnover | Top No of Transaction | ||
|---|---|---|---|---|
| Symbol | Turnover (Rs.) | Symbol | Trans (No) | |
| 1 | ADBL | 172,869,201 | SJCL | 12,780 |
| 2 | NBL | 160,995,710 | RHPL | 12,750 |
| 3 | RHPL | 99,023,711 | ILBS | 1,547 |
| 4 | NCCB | 74,100,841 | UPPER | 1,140 |
| 5 | PRVU | 66,003,645 | NBL | 1,094 |
| 6 | NICA | 55,688,376 | ADBL | 1,024 |
| 7 | SJCL | 52,837,236 | NCCB | 764 |
| 8 | SHIVM | 49,060,487 | ALBSL | 746 |
| 9 | MNBBL | 48,832,394 | SMFBS | 721 |
| 10 | NABIL | 42,075,527 | GBLBS | 682 |
Nepal Bank Limited (NBL) was the second top traded company of the week with Rs 16.09 crore transaction amount.
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 15.55 crores.
| S.N. | Broker No. | Broker Name | Buy Amount (Rs.) |
|---|---|---|---|
| 1 | 34 | Vision Securities Pvt.Limited | 155,532,263.02 |
| 2 | 58 | Naasa Securities Co. Ltd. | 117,433,571.30 |
| 3 | 6 | Agrawal Securities Pvt. Limited | 104,060,358.30 |
| 4 | 17 | ABC Securities Pvt. Limited | 98,448,770.00 |
| 5 | 49 | Online Securities Pvt.Ltd | 95,737,948.00 |
| 6 | 44 | Dynamic Money Managers Securities Pvt.Ltd | 89,091,407.00 |
| 7 | 14 | Nepal Stock House Pvt. Limited | 87,175,496.00 |
| 8 | 4 | Opal Securities Investment Pvt. Limited | 80,110,334.00 |
| 9 | 39 | Sumeru Securities Pvt.Limited | 78,279,088.00 |
| 10 | 45 | Imperial Securities Co .Pvt.Limited | 74,913,603.30 |
Top Seller Broker of the Week:
Vision Securities Pvt. Limited. (Broker No- 34) was also the top seller broker for this week. The brokerage firm has sold stocks of worth Rs 16.58 crores.
| S.N. | Broker No. | Broker Name | Sell Amount (Rs.) |
|---|---|---|---|
| 1 | 34 | Vision Securities Pvt.Limited | 165,826,968.01 |
| 2 | 49 | Online Securities Pvt.Ltd | 103,175,771.00 |
| 3 | 58 | Naasa Securities Co. Ltd. | 102,956,587.00 |
| 4 | 4 | Opal Securities Investment Pvt. Limited | 98,207,841.00 |
| 5 | 17 | ABC Securities Pvt. Limited | 92,759,228.77 |
| 6 | 44 | Dynamic Money Managers Securities Pvt.Ltd | 71,899,456.90 |
| 7 | 45 | Imperial Securities Co .Pvt.Limited | 69,260,928.00 |
| 8 | 38 | Dipshika Dhitopatra Karobar Co. Pvt.Limited | 67,723,181.00 |
| 9 | 50 | Crystal Kanchenjunga Securities Pvt.Ltd | 64,628,706.00 |
| 10 | 57 | Araya Tara Investment And Securities Pvt. Ltd. | 63,709,238.30 |
Top 10 companies in terms of highest Market Capitalization:
| S. No. | Symbol | Capitalization (Rs. In Million) |
|---|---|---|
| 1 | NTC | 103,050.00 |
| 2 | NABIL | 71,137.92 |
| 3 | NIB | 64,065.21 |
| 4 | EBL | 52,415.42 |
| 5 | SCB | 52,074.30 |
| 6 | NLIC | 47,981.48 |
| 7 | HBL | 46,691.00 |
| 8 | NICA | 39,665.69 |
| 9 | ADBL | 38,856.93 |
| 10 | SBI | 38,021.63 |
