Samudayik Laghubitta is up by 31% this week & Upper Tamakoshi is the top traded stock for this week; weekly wrap up of NEPSE Index
Fri, Feb 8, 2019 2:29 PM on Featured, Stock Market, Weekly Analysis,
NEPSE index movement:
The index opened at 1160.57 points and closed at 1139.57 points with the loss of 21 points (1.81%). In the last 17 trading days, the index has lost around 55.97 points (4.68%).
NEPSE Chart Analysis:
On the daily time period, the candlestick with a small body and small tails has formed. This kind of pattern indicates the slowdown of the current market trend.
In the last three week, the index has consistently lost its value.
The 5-days EMA (blue line) is below the 20-days EMA (red line) favoring a bearish trend. The space between them is increasing which gives strength to the bearish trend.
Weekly Market Summary of NEPSE
More than 51.03 lakh unit of shares of worth Rs 1.50 arba has been traded through 27 thousand transactions this week comparing to 45.72 lakhs unit of shares of worth Rs 1.33 arba last week. The current market capitalization of NEPSE stands at Rs. 1,390,639.65 Million, the market capitalization has decreased by 1.88% this week.
The turnover and total traded stock have increased by more than 11% this week compared to last week.
Top Ten Gainers of the week:
Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) is the top gainer of the week. SLBSL closed at Rs 852 with 31.48% increment, this week.
The SLBSL price increases by more than 68% in the last two week. The SLBSL price has increased from Rs 505 to Rs 852 with Rs 347 gain in the last couple of week.
CHLBS stock price surges up by 9.69%, this week.
Top Ten Losers of the week:
City Express Finance Limited (CEFL) is the top loser of the week for two consecutive weeks. The CEFL's stock opened at Rs 111 and closed at Rs 100 with the loss of 9.91%. In the last couple of week, the CEFL stock lost Rs 33 (24%).
Joshi Hydropower Development Company Limited (JOSHI) has lost 8.64% this week. The Upper Tamakoshi is consistently in the list of top losers in last three week.
Top Stocks by Turnover:
Upper Tamakoshi (UPPER) was the top traded company of the week. More than Rs 10.04 crore worth of UPPER's shares was traded this week. Upper Tamakoshi is the top traded company consistently for the last three week.
In this period, UPPER's shares of Rs 67.73 crore were traded and has lost 23.45% in its value.
Nepal Bank Limited (NBL) is the second most traded company with Rs 6.65 traded amount.
Top Seller Brokers of the Week:
Vision Securities (Broker No- 34) was a top seller broker of this week and it has sold stocks of worth Rs 12.16 crores.
Top Buyers Broker:
Again, the Vision Securities (Broker No- 34) is the top buyer broker for this week. The brokerage firm has bought stocks of worth Rs 10.43 crore.
The vision securities is the top buyer broker in the last couple of week.
