Part 1: Rundown and Technical Analysis

There were only three trading days this week. The index closed red in all three days. NEPSE was closed on Tuesday on the occasion of Shivaratri and on Thursday on the occasion of Gyalpo Lhosar. The market is closed on Fridays and Saturdays every week.

The NEPSE index closed at 2,547.04 this week after a loss of 63.54 points (-2.43%). The index had closed at 2,661.44 last week with a loss of 2.6% from the week before that.

This week, the index went as high as 2,612.51 and as low as 2,542.77, hence witnessing volatility of 69.74 points. In the previous week, the index had seen volatility of 95.11 points.

Analysis of Trend

The NEPSE index is up only around 3% compared to the…


Read full article at ShareSansar.com


Leave a Reply

Your email address will not be published.


You May Also Like

Too Many Bad News in Single Day: NEPSE Loses 2.17% and Closes at 2,661.44 – |

The NEPSE index closed at 2,661.44 today after losing 58.99 points from…

Last Day to Apply for IPO of Emerging Nepal Limited – |

Emerging Nepal Limited is closing its IPO issue today. Investors have till…

IPO of Emerging Nepal Limited Oversubscribed 40.58 Times by 18,02,182 Applicants, IPO Closes on Sunday – |

Emerging Nepal Limited¬†has issued 5,55,600 units worth Rs 5.5 crore as Initial…

Dolti Power Company appoints NIC ASIA Capital as issue manager to float shares in IPO; 4.5 MW project to go public – |

Dolti Power Company has appointed NIC ASIA Capital as the issue manager…

IPO of Emerging Nepal Limited Closes With 24,15,919 Profit-Hungry Applicants – |

Emerging Nepal Limited has closed its IPO issue today. The investment company…