Weekly Analysis: Index closed at 1510.02 points on post Dasain trading week
Fri, Oct 13, 2017 5:09 PM on Latest, Exclusive, Mutual Fund, Financial Analysis, Featured, Breaking News, Company Analysis, NEPSE News, Others, Stock Market, Weekly Analysis,
This week (Oct 8- Oct 12), NEPSE had fully 5 trading days. This week’s closing i.e. Oct 12 NEPSE index closed at a figure of 1510.02; a decrease in the NEPSE index by 32.63 points as the previous week’s closing (Oct 4) was 1,542.65 points. On Sunday, NEPSE index saw a massive decrement by 32.64 points closing at 1510.01 index and then a slightly increase by 4.03 points to settle on 1510.02 points on Thursday.
Similarly, this week, the sensitive index closed at 317.63 points and float index closed at 108.81 points. In the previous week, both the sensitive and float index closed at a figure of 323.87 and 111.65 points respectively.
The float index indicates the performance of public (tradable) shares, while the sensitive index measures the performance of Group ‘A’ companies listed by the NEPSE.
In 5 trading days, shares worth Rs 1.77 arba were traded. The total traded share quantity figure at NEPSE this week stood at 39,43,805 units, with total 20,410 transactions.
Market Capitalization stood at Rs 17.53 kharba.
This week on NEPSE the total market capitalization stood at Rs 17.53 kharba while the floated market capitalization at the end of the week was a figure of Rs 5.90 kharba. In previous week, total market capitalization stood at Rs 17.90 kharba and the floated market capitalization stood at Rs 6.05 kharba.
The reason behind the huge decrement in NEPSE by 32.63 this week may be:
- Quarter Interest Payment Pressure
- Political Divergence
- Below Expectation Dividend by Micro-Finance Companies
- Over supply of shares with the listing of right and bonus shares
Overall, the secondary market is bearish in trend with most of the companies and sectors are ended with red in color, decreased.
A brief detail following the sector wise summary stands as:
- Deep Thapa (Nepal Stock Data Analyst) https://www.facebook.com/deepthapa100