NEPSE Concludes Week With 1.42% Loss and Turnover of Rs 41.82 Arba; Weekly Summary with Sector Comparison, Major Highlights, and More
Fri, Sep 13, 2024 11:55 AM on Stock Market, Weekly Analysis, SS Pro, Latest,
Part 1: Rundown and Technical Analysis
The NEPSE Index closed at 2,688.53 after losing 38.83 points (1.42%). The index closed at 2,749.57 last week losing 0.81% from the previous week.
This week, the index went as high as 2,760.45 and as low as 2,601.91 hence witnessing volatility of 158.54 points. The index had seen volatility of 181.52 points in the previous week.
The highest intraday gain was 78.32 points on Thursday with a turnover of Rs 8.16 Arba, however, the total turnover stood at Rs 41.82 Arba this week.
Momentum Indicators
The RSI reading on the daily timeframe is 47.95. Meanwhile, the RSI reading on the weekly chart is 64.29.
Conversely, the MACD and Signal lines are in the positive zone i.e., above zero with the MACD reading at 0.53.
Nepse Index is below the 20-day Exponential Moving Average and the 5-day Exponential Moving Average. The Index below the moving average indicates earlier bearish sentiment.
2,570 level may act as the nearest support whereas, the 3,000 zone will act as resistance.
Part 2: Insight into Important Data
The highest intraday gain was 78.32 points on Thursday with a turnover of Rs 8.16 Arba, however, the total turnover stood at Rs 41.82 Arba this week. Over 9.72 crore unit shares have been traded through 508,243 transactions this week. The current market capitalization of NEPSE is Rs. 4,274,977.58 million i.e. Rs 42.74 Kharba.
NEPSE index and Sub-indices performance: (Gain/ loss is based on the previous week's close)
The NEPSE index declined by 1.42% this week. Only one sector index is closed in the green.
Stocks with the highest Monthly Beta:
Top Ten Gainers of the Week:
Top Ten Losers of the Week:
Sanima Equity Fund (SAEF) price has decreased by 15.08% and its LTP stands at Rs. 10.70.
All the analysis is done with the SS Pro Software. To learn more about the software, click on the link below.
Top Stocks by Turnover, Volume, and Number of Transactions:
CEDB Hydropower Development Company Limited (CHDC) is the top-traded company of the week. Rs. 1.81 Arba worth of CHDC shares were traded this week.
Top Buyers Brokers of the Week:
This week, Naasa Securities Company Limited (Broker No- 58) was the top buyer broker and bought stocks worth Rs. 2.97 Arba.
Top 10 Bought Companies by Top Buyer Brokers:
Top Seller Brokers of the Week:
Naasa Securities Company Limited (Broker No- 58) was the top seller broker for this week. The brokerage firm has sold stocks worth Rs. 2.87 Arba.
Top 10 Sold Companies by Top Seller Brokers:
All the analysis is done with the SS Pro Software. To learn more about the software, click on the link below.
