Weekly Analysis: Index closing at 1539.81 points indicates increasing trend post Dasain festivals

This week (Sep 17- Sep 21), NEPSE had 3 trading days; market was closed on Sep 19 and Sep 21 on the occasion of Constitution Day and Ghatasthapana respectively. This week’s closing i.e. Sep 20 NEPSE index closed at a figure of 1539.81; an increase in the NEPSE index by 9.50 points as the previous week’s closing (Sep 17) was 1,530.31 points. On Sunday, NEPSE index saw a rise by 17.63 points closing at 1547.94 index and then finally drop with 3.89 points to settle on 1539.81 points on Wednesday. Similarly, this week, the sensitive index closed at 323.11 points and float index closed at 111.68 points. In the previous week, both the sensitive and float index closed at a figure of 320.73 and 110.88 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 3 trading days, shares worth Rs 1.80 arba were traded. The total traded share quantity figure at NEPSE this week stood at 3,715,493 units, with total 18,467 transactions. Market Capitalization stood at Rs 17.86 kharba This week on NEPSE the total market capitalization stood at Rs 17.86 kharba while the floated market capitalization at the end of the week was a figure of Rs 6.04 kharba.  In previous week, total market capitalization stood at Rs 17.75 kharba and the floated market capitalization stood at Rs 6.00 kharba. The slightly increment in NEPSE can be attributed to the regular decrement in the market and tries to be stable. Overall, the secondary market is slightly bullish in trend with most of the companies tries to stop their price to further fall and sectors are mix in color both green and red. A brief detail following the sector wise summary stands as:

• Deep Thapa (Nepal Stock Data Analyst)