“NEPSE Weekly Review: Index Surges 7.66%, Technical Analysis, and Market Highlights”

“NEPSE Weekly Review: Index Surges 7.66%, Technical Analysis, and Market Highlights”

 

In the current trading week, the NEPSE index concluded at 1,994.60, marking a notable increase of 141.83 points (7.66%). This follows a marginal loss of 0.31% in the previous week when the index closed at 1,852.77. The week saw the index’s volatility range from 1,866.06 to 2,016.87, totaling 150.81 points, a significant rise from the 30.99 points observed in the prior week.

Momentum indicators reveal a daily RSI reading of 67.98 and a weekly RSI reading of 53.53. The MACD line and Signal line are both in the positive zone, indicating positivity, with the MACD reading at 20.95. The NEPSE index currently stands above its 5-day and 20-day Moving Averages, signaling a bullish trend that warrants further confirmation. Potential support is identified in the 1,908 – 1,923 zone, while resistance is anticipated in the 2,030 – 2,060 zone.

**Part 2: Insight into Key Data**

The highest intraday gain occurred on Sunday, reaching 111.21 points with a turnover of Rs 0.45 Arba, contributing to a total weekly turnover of Rs 16.66 Arba. Trading activity involved more than 5.02 crore unit shares through 3,60,771 transactions. NEPSE’s current market capitalization is reported at Rs. 3,075,147.62 million, equivalent to Rs 30.75 Kharba.

NEPSE’s index displayed a robust 7.66% increase this week, with all sector indices closing in positive territory.

**Stock Performance Metrics:**
– **Monthly Beta Leaders:** Panchakanya Mai Hydropower Limited (PMHPL), Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS), and United Idi-Mardi and R.B. Hydropower Limited (UMRH) lead with betas of 2.07, 2.021, and 1.902, respectively.
– **Top Gainer:** Dolti Power Company Ltd (DOLTI) emerged as the top gainer, closing at Rs. 330.50 with a significant increment of Rs. 118.50 (55.90%).

**Top Loser of the Week:**
– **10% Prime Debenture 2088 (PBD88):** Experienced a decrease of 4.24%, settling at an LTP of Rs. 970.

**Market Activities:**
– **Top-Traded Stock:** Sonapur Minerals and Oil Limited (SONA) led the charts with a total trade value of Rs. 74.56 Crores.
– **Top Buyer Broker:** Vision Securities Pvt. Ltd (Broker No- 34) emerged as the leading buyer broker, purchasing stocks worth Rs. 90.55 Crores.
– **Top Seller Broker:** Naasa Securities Co. Ltd (Broker No- 58) took the lead as the top seller broker, with sales amounting to Rs. 80.77 Crores.

 

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