Tag: Turnover

  • “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.

     

  • NEPSE Records Modest Gain Amidst Stock Market Fluctuations: Sonapur Minerals Tops Turnover

    NEPSE Records Modest Gain Amidst Stock Market Fluctuations: Sonapur Minerals Tops Turnover


    The Nepal Stock Exchange (NEPSE) Index has recorded a modest gain of 2.60 points or 0.13% compared to the previous day’s closing, concluding at 1,988.04 points. In the preceding trading session, the index witnessed a more substantial increase of 36.86 points.

    The market commenced today with the index opening at 1990.36. It experienced fluctuations throughout the day, reaching an intraday low of 1,976.04 and reaching an intraday high of 2,017.22.

    During today’s trading activities, there were 292 different stocks involved in 81,451 transactions. The total volume of shares traded amounted to 12,095,539, resulting in a total turnover of Rs. 3.90 Arba. The market capitalization stood at Rs. 30.65 Kharba, with a float market capitalization of Rs. 10.68 Kharba.

    Sonapur Minerals And Oil Limited (SONA) emerged as the stock with the highest turnover, reaching Rs. 14.67 crores and closing at a market price of Rs. 359. Additionally, Bottlers Nepal (Balaju) Limited (BNL) experienced a positive circuit of 10%, followed by Molung Hydropower Company Limited (MHCL) at 9.98%, and Ghalemdi Hydro Limited (GHL) at 9.96%.

    Conversely, Kutheli Bukhari Small Hydropower Limited (KBSH) and Super Mai Hydropower Limited (SMH) faced the highest losses, with declines of 5.69% and 5.01%, respectively.

    Examining sector indices, four sectors closed in the red. The “Development Bank Index” observed the highest gain of 1.15%, while the “Hotels And Tourism Index” incurred a loss of 1.62%.

  • “NEPSE Records Volatile Trading Day: High Turnover, Notable Gains, and Losses in Latest Market Update”

    “NEPSE Records Volatile Trading Day: High Turnover, Notable Gains, and Losses in Latest Market Update”


    The Nepal Stock Exchange (NEPSE) Index recorded a decline of 15.40 points, equivalent to 0.78%, settling at 1,948.57 points compared to the previous day’s closing.

    In the preceding trading session, the market had witnessed an impressive 6% surge, prompting multiple trading halts and leading to the early closure of the market for the entire day. The total turnover on NEPSE reached a noteworthy Rs 48.24 Crores, concluding at 1,963.98 points with a substantial triple-digit gain of 111.20 points.

    The day commenced with the index opening at 1989.54, touching an intraday low of 1,928.76, and reaching an intraday high of 1,989.71.

    Throughout the day’s trading activities, 303 different stocks were involved in 109,918 transactions. The volume of shares traded totaled 14,698,517, resulting in a total turnover of Rs. 4.84 Arba, marking the highest turnover recorded in the past 5 and a half months. Notably, the market capitalization stood at Rs. 30.04 Kharba, with a float market capitalization of Rs. 10.49 Kharba.

    Sonapur Minerals And Oil Limited (SONA) emerged as the leader in turnover, reaching Rs. 25.15 crores and closing at a market price of Rs. 328.

    Additionally, Bottlers Nepal (Balaju) Limited (BNL), Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL), and Dolti Power Company Limited (DOLTI) displayed the highest gains at 10%, followed by Hathway Investment Nepal Limited (HATHY) with a gain of 9.90%.

    Conversely, Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) recorded the most significant loss of 7.15% on the day.

    In terms of sector indices, four sector indices closed positively, with the “Mutual Fund Index” registering the highest gain at 2.16%. On the other hand, the “Development Bank Index” experienced the most substantial loss, declining by 2.09%.

  • Nepal Stock Exchange Reports Marginal Decline: Market Highlights and Sector Performance

    Nepal Stock Exchange Reports Marginal Decline: Market Highlights and Sector Performance


    The Nepal Stock Exchange (NEPSE) Index experienced a decrease of 7.29 points, equivalent to 0.39% from the previous day’s closing, settling at 1,851.23 points. In the preceding trading session, the index had incurred a loss of 18.06 points. The day commenced with an opening index of 1858.47, reaching an intraday low of 1,837.85 and a high of 1,861.67.

    During today’s trading session, a total of 293 different stocks were exchanged in 36,977 transactions, resulting in the trading of 3,419,073 shares and a total turnover of Rs. 9.64 arba. The market capitalization, based on float, stood at Rs. 9.94 Kharba, contributing to an overall market capitalization of Rs. 28.54 Kharba.

    Sonapur Minerals And Oil Limited (SONA) claimed the highest turnover for the day at Rs. 6.95 crores, with a market price of Rs. 295. Meanwhile, Three Star Hydropower Limited (TSHL) emerged as the highest gainer, marking a growth of 9.63%, followed by Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) at 9.04%.

    Conversely, Mountain Energy Nepal Limited (MEN), United IDI Mardi RB Hydropower Limited (UMRH), and NRN Infrastructure and Development Limited (NRN) suffered the most substantial losses, each recording a decline of 9.99% and 9.98%, respectively.

    In terms of sector performance, all sector indices concluded in negative territory, except for the “Microfinance Index,” which saw a modest gain of 0.06%. Notably, the “Mutual Fund” sector experienced a loss of 1.25%.

  • NEPSE Records Marginal Losses as Sonapur Minerals Leads Turnover

    NEPSE Records Marginal Losses as Sonapur Minerals Leads Turnover


    The Nepal Stock Exchange (NEPSE) Index recorded a decline of 11.27 points, equivalent to 0.59%, compared to the previous day’s closing, settling at 1,896.67 points. In contrast, the day before had seen a notable gain of 47.75 points for the index. The trading session commenced with the index opening at 1909.97 and experiencing an intraday low of 1,889.71, while reaching an intraday high of 1,926.52.

    Throughout the day, a total of 290 different stocks were traded in 52,480 transactions, involving the exchange of 6,017,397 shares. This activity contributed to a cumulative turnover of Rs. 1.75 arba. The market capitalization, based on the float, amounted to Rs. 10.20 Kharba, with the overall market capitalization reaching Rs. 29.24 Kharba.

    Sonapur Minerals And Oil Limited (SONA) led in turnover, concluding the day with the highest turnover of Rs. 7.77 crores at a market price of Rs. 288. The top gainer for the day was Upper Syange Hydropower Limited (USHL), registering a 10% increase.

    Conversely, the most significant loss for the day was reported by Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS), with a decline of 8.04%. Notably, all sector indices closed in the red, except for “Hotels And Tourism Index, Investment Index, Mutual Fund, Trading Index.” The “Investment Index” experienced the most gain, registering a 0.49% increase, while the “Life Insurance” sector saw a loss of 0.89%.

  • NEPSE Weekly Review: Market Trends, Technical Analysis, and Key Insights

    NEPSE Weekly Review: Market Trends, Technical Analysis, and Key Insights


     

    This week, the NEPSE index concluded at 1,860.20, marking an increase of 8.12 points (0.44%) from the previous week’s closing at 1,850.08. The index exhibited a range between 1,816.68 and 1,872.64, indicating a weekly volatility of 55.96 points, slightly higher than the 50.98 points observed in the preceding week. The most significant intraday loss, amounting to 20.68 points, occurred on Wednesday, accompanying a turnover of Rs 1.08 Arba. However, the overall weekly turnover amounted to Rs 4.48 Arba.

    Momentum Indicators:
    The Relative Strength Index (RSI) recorded 43.84 on the daily timeframe and 40.47 on the weekly chart. Meanwhile, the Moving Average Convergence Divergence (MACD) indicators are in the negative zone, with the signal line crossing the MACD line. The MACD reading stands at -25.53.

    The Nepse Index currently resides below both its 5-day and 20-day Moving Averages, signaling a bearish trend that requires further confirmation. Key support is identified in the 1,807 – 1,837 zone, while resistance is anticipated in the 1,925 – 1,945 zone.

    Part 2: Analysis of Key Data

    The week witnessed the highest intraday loss of 23.82 points on Tuesday, accompanying a turnover of Rs 95.04 Crores. The total weekly turnover amounted to Rs. 4.48 Arba, with over 1.56 crore unit shares traded through 1,74,410 transactions. NEPSE’s current market capitalization is Rs. 2,868,120.36 million, equivalent to Rs 2.86 Kharba.

    Performance of NEPSE Index and Sub-indices:
    The NEPSE index experienced a 0.44% decline this week, with only four sector indices closing in the red.

    Stocks with the Highest Monthly Beta:
    Peoples Hydropower Company Limited (PHCL), Ingwa Hydropower Ltd (IHL), and Buddha Bhumi Nepal Hydropower Company Limited (BNHC) are the top three companies with the highest beta, recording 3.087, 2.571, and 2.412, respectively.

    Top Ten Gainers and Losers of the Week:
    Three Star Hydropower Limited (TSHL) emerged as the top gainer, closing at Rs. 381.10 with a notable increment of Rs. 72.40 (23.45%). Prime Commercial Bank Limited Promoter Share (PCBLP) experienced the most significant decline, with its price decreasing by 15.34%, closing at Rs. 122.

    Top Stocks by Turnover, Volume, and Transactions:
    Sonapur Minerals and Oil Limited (SONA) claimed the top position as the most traded company of the week, with shares worth Rs. 30.62 Crores exchanged.

    Top Buyers and Sellers:
    Naasa Securities Pvt. Ltd (Broker No- 58) was the leading buyer broker, investing Rs. 21.14 Crores. Imperial Securities Company Pvt. Ltd. (Broker No- 45) emerged as the top seller broker, selling stocks worth Rs. 31.43 Crores.

    Top 10 Bought and Sold Companies:
    The analysis has been conducted using the SS Pro Software, providing a comprehensive overview of market trends and activities. For more information about the software, refer to the provided link.

  • NEPSE Index Records Increment Amidst Varied Sector Performances: Market Highlights and Top Movers

    NEPSE Index Records Increment Amidst Varied Sector Performances: Market Highlights and Top Movers


    The NEPSE Index experienced a modest gain of 1.39 points, equivalent to 0.07% compared to the previous day’s closing, reaching a concluding value of 1,853.48 points. Notably, in the last trading session before the Tihar break, the index had encountered a loss of 11.85 points. The day commenced with an opening value of 1852.29, hitting an intraday low of 1,846.52 and reaching an intraday high of 1,873.34.

    Throughout the trading session, a total of 44,727 trades involving 284 different stocks were executed. The overall turnover amounted to Rs. 1.09 Arba, with 3,319,558 units of shares changing hands. The market capitalization, based on float, stood at Rs. 9.97 Kharba, contributing to an overall market capitalization of Rs. 28.55 Kharba.

    Himalayan Distillery Limited (HDL) led in terms of turnover, concluding at a market price of Rs. 1,737 and achieving the highest turnover of Rs. 7.36 crores. Global IME Laghubitta Bittiya Sanstha Ltd. (GILB) emerged as the top gainer for the day with a growth of 9.98%, closely followed by Karnali Development Bank Limited (KRBL) at 9.96%. Conversely, Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) and Sayapatri Hydropower Limited (SPHL) experienced the most significant losses, both at 10%.

    Despite fluctuations, all sector indexes concluded on a positive note, except for “Hotels And Tourism Index,” “Manufacturing And Processing,” “Microfinance Index,” and “Others Index.” Notably, the “Trading Index” recorded the highest daily gain of 1.42%, while the “Manufacturing And Processing” sector saw the most substantial loss, amounting to 1.91%.

  • NEPSE Index Records 0.60% Gain with Impressive Debut for Sharepro Securities

    NEPSE Index Records 0.60% Gain with Impressive Debut for Sharepro Securities


    Vision Lumbini Urja Company Limited is in the process of concluding its initial public offering (IPO) of 20,75,285 units of shares with a par value of Rs. 100. The IPO began on the 16th of Kartik, 2080, and is set to close on the 20th of Kartik.

    Previously, the company had issued 19,12,500 units of shares to locals affected by the project in Kaski District, out of which only 14,24,590 units were allocated to eligible applicants. Consequently, the remaining 4,87,910 units of unsubscribed shares from project-affected locals were combined with the initial 19,12,500 units, resulting in a total of 24,00,410 units made available for the general public.

    Out of these 24,00,410 units, 191,250 units have already been allotted to Nepalese citizens working abroad, while 95,625 units have been designated for mutual funds. An additional 38,250 units have been reserved for the company’s employees. The remaining 20,75,285 units are now open for the general public to subscribe to.

    Muktinath Capital Limited has been appointed as the issue manager for this IPO. Interested applicants can apply for a minimum of 10 units, with a maximum limit of 380,000 units.

    Remarkably, according to CDSC (Central Depository and Clearing Limited), a total of 8,47,770 applicants have submitted applications for 98,80,430 units, indicating that the IPO has been oversubscribed by 4.76 times as of 5 PM the previous evening.

    Additionally, ICRA Nepal has reaffirmed its ratings for Vision Lumbini Urja Company Limited, with a long-term rating of [ICRANP] LBB- and a short-term rating of [ICRANP] A4. These ratings pertain to the company’s loan limits.

    Vision Lumbini Urja Company Limited is actively involved in the development of the 25-MW Seti Nadi Hydroelectric Project in the Machhapuchchhre rural municipality of Kaski District, Gandaki Province, Nepal. The project is classified as a run-of-the-river (R-o-R) type and is being developed with a 44.5% probability of exceedance.

  • Nepal’s OTC Market Witnesses Surge in Trading Activity in Current Fiscal Year

    Nepal’s OTC Market Witnesses Surge in Trading Activity in Current Fiscal Year


    During the initial quarter of the current fiscal year, Nepal’s stock market saw a notable increase in over-the-counter (OTC) trading activity, registering a turnover of Rs. 1.71 Arba. What sets this OTC market apart is that a significant portion of these traded shares, approximately 36,721,120, belonged to companies not listed on the Nepal Stock Exchange (NEPSE) or had been previously delisted.

    The OTC market, also known as the off-board market, operates outside the regular trading hours of NEPSE and offers a platform for the trading of shares of companies that are not listed on NEPSE or have been delisted. Typically, OTC trading takes place from 11 AM to 1 PM on NEPSE, excluding public holidays and Fridays.

    To establish a structured framework for the OTC market, NEPSE introduced the ‘OTC Market Regulations, 2065’ in Jestha, 2065. This laid the groundwork for a distinct trading counter, separate from regular automated trading.

    Engaging in the OTC market entails investors directly submitting their buy and sell orders to the market, which NEPSE registers in sequential order. Buyers in the OTC market are required to provide company-specific purchase orders and deposit 10% of the share amount as collateral. This information, which includes the company’s name, investor details, and pricing, is displayed on the price quoting board. Subsequently, the market adjusts trading based on the received orders and price information, with transactions taking place when prices and quantities align.

    Regarding the clearance process, sellers must present the share certificates to the designated branch for verification within three business days. On the other hand, buyers are obligated to deposit the payment within the same duration at the bank specified by NEPSE. This process ensures the orderly execution of OTC transactions.

  • NEPSE Index Declines as Market Records Mixed Performances among Stocks and Sectors

    NEPSE Index Declines as Market Records Mixed Performances among Stocks and Sectors


    The Nepal Stock Exchange (NEPSE) Index concluded the day at 1,864.40 points, recording a decline of 14.29 points, or 0.76%, compared to the previous day’s closing. The index had made a slight gain of 3.04 points during the last trading session.

    The trading day began with the index opening at 1,878.29, reaching an intraday low of 1,860.47, and touching an intraday high of 1,878.98.

    Throughout today’s trading activities, a total of 286 different stocks were traded in 25,625 transactions. The volume of shares traded amounted to 2,258,187 units, with a cumulative turnover of Rs. 57.14 Crore. The market capitalization stood at Rs. 28.71 Kharba, and the float market capitalization was at Rs. 10.07 Kharba.

    SuryaJyoti Life Insurance Company Limited (SJLIC) had the highest turnover for the day, with a trading value of Rs. 1.70 crores, and it closed at a market price of Rs. 480.

    Similarly, Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) exhibited the most significant gain, with a rise of 6.05% in its value during today’s trading.

    On the other hand, Sonapur Minerals And Oil Limited (SONA) experienced the most substantial loss, declining by 9.98% today. The stock entered a negative circuit for three consecutive days, resulting in this decline in its trading value.

    In terms of sector indices, all sectors closed in the red. The “Life Insurance” sector saw the most significant loss, with a decrease of 1.46%, while the “Others Index” recorded the smallest loss of 0.26% for the day.

  • NEPSE Index Gains 0.71% in Trading Session with Notable Stock Movements

    NEPSE Index Gains 0.71% in Trading Session with Notable Stock Movements


    During the most recent trading session on the Nepal Stock Exchange (NEPSE), the NEPSE Index concluded at 1,864.62 points, marking a significant increase of 13.18 points or 0.71% when compared to the previous day’s closing figure. The index had experienced a notable loss of 23.16 points during the preceding trading session.

    The day’s trading began with the index opening at 1,851.18 points, subsequently reaching an intraday low of 1,851.03 points. However, it managed to climb to an intraday high of 1,884.67 points before the trading session ended.

    In the course of today’s trading activities, a total of 289 different stocks were traded through 45,456 transactions. The total volume of shares exchanged amounted to 3,813,233 units, resulting in a collective turnover of Rs. 1 Arba. The overall market capitalization was reported at Rs. 28.61 Kharba, and the float market capitalization stood at Rs. 10.03 Kharba.

    Hathway Investment Nepal Limited (HATHY) boasted the highest turnover for the day, with transactions totaling Rs. 4.62 crores, and it closed at a market price of Rs. 284.

    Furthermore, NIBL Pragati Fund (NIBLPF) exhibited the most substantial gain, with an impressive 7.35% increase, closely followed by Swet-Ganga Hydropower & Construction Limited (SGHC), which recorded a gain of 6.91%.

    On the flip side, Hathway Investment Nepal Limited (HATHY) experienced the most significant loss, falling by 8.53%.

    Regarding sector indices, three sectors concluded in the red, with the “Trading Index” showing the most substantial loss at 1.25%. Conversely, the “Finance Index” demonstrated the highest gain, recording a 1.30% increase.

  • NEPSE Index Sees Substantial Weekly Loss with Notable Intraday Volatility

    NEPSE Index Sees Substantial Weekly Loss with Notable Intraday Volatility


    The NEPSE index concluded the week at a closing value of 1,874.60, marking a significant decline of 82.32 points, equivalent to 4.21%. In comparison, the index had finished at 1,956.92 the prior week, experiencing a loss of 2.36% from the week before.

    Throughout the current week, the NEPSE index displayed a range of fluctuations, reaching its peak at 1,963.80 and hitting its lowest point at 1,870.26. This translated to a considerable level of volatility, with a total range of 93.54 points. The previous week, in contrast, saw a lesser degree of volatility, with fluctuations amounting to 47.66 points.

    On the first trading day of the week, Sunday, the NEPSE index recorded its most substantial intraday loss, with a drop of 35.68 points. The total turnover for that day reached Rs 1.80 Arba. Nevertheless, the cumulative turnover for the entire week stood at a significantly higher figure of Rs 7.04 Arba.