NEPSE Concludes Week With 3.19% Loss and Turnover of Rs 19.30 Arba; Weekly Summary with Sector Comparison, Major Highlights, and More
Fri, Dec 20, 2024 2:43 PM on Highlight News, NEPSE News, Stock Market, Weekly Analysis, SS Pro,
Part 1: Rundown and Technical Analysis
The market traded for Four days this week as Sunday was a public holiday.
The NEPSE Index closed at 2,596.82 after losing 85.47 points (3.19%). The index closed at 2,682.29 last week losing 1.92% from the previous week.
This week, the index went as high as 2,684.32 and as low as 2,593.18 hence witnessing volatility of 91.14 points. The index had seen volatility of 75.31 points in the previous week.
The highest intraday loss was 51.38 points on Monday with a turnover of Rs 5.93 Arba, however, the total turnover stood at Rs 19.30 Arba this week.
Momentum Indicators
The RSI reading on the daily timeframe is 36.04. Meanwhile, the RSI reading on the weekly chart is 51.35.
Conversely, the MACD and Signal lines are in the negative zone i.e., below zero with the MACD reading at -18.95.
Nepse Index is below both the 20-day Exponential Moving Average and the 5-day Exponential Moving Average. The Index below the moving average indicates earlier bearish sentiment.
Nepse Index closing below 2600 indicates the possibility of futher down. 2,460 level may act as the nearest support whereas, the 2,600 zone will act as resistance.
Part 2: Insight into Important Data
The highest intraday loss was 51.38 points on Monday with a turnover of Rs 5.93 Arba, however, the total turnover stood at Rs 19.30 Arba this week. Over 3.96 crore unit shares have been traded through 227,015 transactions this week. The current market capitalization of NEPSE is Rs. 4,307,357.73 million i.e. Rs 43.07 Kharba.
NEPSE index and Sub-indices performance: (Gain/ loss is based on the previous week's close)
The NEPSE index declined by 3.19% this week. All sector indices are closed in the red.
Stocks with the highest Monthly Beta:
Top Ten Gainers of the Week:
Top Ten Losers of the Week:
River Falls Power Limited's (RFPL) price has decreased by 15.14% and its LTP stands at Rs. 891.50.
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:
Janaki Finance Company Limited (JFL) is the top-traded company of the week. Rs. 73.92 Crores worth of JFL 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. 1.28 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. 1.17 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.
