The Nepal Stock Exchange (NEPSE) recorded a week of modest gains, with the benchmark NEPSE index closing in positive territory despite intra-week fluctuations. Supported by healthy trading turnover and strength in key sectors, the market displayed resilience and cautious optimism.
Market Summary and Index Movement
The NEPSE index ended the week at 2,615.25 points, reflecting a modest gain of 0.29% from the previous week’s close of 2,607.37 points.
- Weekly volatility: 45.58 points
- Weekly high: 2,632.81 points
- Weekly low: 2,587.23 points
- Best daily performance: Tuesday with an intraday gain of 18.38 points
- Total market capitalization: Approximately Rs 43.90 Kharba
Trading Volume and Turnover
Trading activity remained robust, indicating sustained investor participation in the NEPSE market:
- Total weekly turnover: Rs 19.37 Arba
- Total shares traded: Over 4.67 Crore units
- Total transactions: 2,94,024
Technical Analysis and Momentum Indicators
Technical indicators point to a mixed but cautiously bullish outlook:
- Relative Strength Index (RSI): Daily at 50.81; Weekly at 48.15
- MACD: Positive at 2.81, with the signal line in the positive zone
- Moving Averages: NEPSE index trading above the 20-day EMA but below the 5-day EMA
- Key levels: Nearest support at 2,540; Major resistance around 2,700
Top Performing Stocks and Sectors
Most sectors closed positively, with only four sub-indices in the red.
- Top Gainer: Swastik Laghubitta Bittiya Sanstha Limited (SWASTIK) – Up 61.04% to close at Rs. 3,097.10
- Top Loser: Barahi Hydropower Public Limited (BHPL) – Down 14.29% to Rs. 534.00
- Top Traded Stock by Turnover: Ngadi Group Power Limited (NGPL) – Rs. 75.33 Crores
- Highest Beta (Most Volatile) Stocks:
- Joshi Hydropower – Beta 3.798
- Bandipur Cable Car – Beta 3.213
- Sagar Distillery – Beta 2.482
Broker Intelligence
Naasa Securities Co. Ltd. (Broker No. 58) led brokerage activity:
- Top buyer: Stocks worth Rs. 97.04 Crores
- Top seller: Stocks worth Rs. 1.00 Arba
Major Corporate Highlights
Key announcements from NEPSE-listed companies:
- Sagar Distillery Limited: AGM scheduled for Poush 27
- Mailung Khola Jal Vidhyut Company: Proposed 1:0.70 right shares
- Muktinath Krishi Company: Appointed Nepal Life Capital as issue manager for rights shares
- Pashupati Venture: Appointed Citizens Capital as issue manager for upcoming IPO
- Machhapuchchhre Bank: Joined PCAF for enhanced climate responsibility initiatives
This week’s performance underscores steady momentum in the Nepal capital market, with focus on high-volatility hydropower stocks and microfinance sectors. Investors should monitor upcoming corporate actions and technical levels closely.
Disclaimer
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