Market Watch of April 19

  7 min 25 sec to read
Market Watch of April 19

                                               Pic. Showing NEPSE Candle Stick Chart

 

Current Price (CMP): 1232.26

 

OHLC Update of 5th Baisakh:

O: 1217.04
H: 1232.26
L: 1214.95
C:  1232.26

Pivot for 8th Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1,203.41

1,209.18

1,220.72

1,226.49

1,238.03

1,243.8

1,255.34

 

OHLC Update of 1st Week of Baisakh:

O: 1184.02
H: 1232.26
L: 1181.87
C:  1232.26

Pivot for the 2nd Week of Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1,148.28

1,165.07

1,198.67

1,215.46

1,249.06

1,265.85

1,299.45

 

Pivot for this month:

S3

S2

S1

Pivot

R1

R2

R3

1077.31

1104.17

1144.09

1170.95

1210.87

1237.73

1277.65

 

Turnover Update:

1st week of Baisakh (2nd – 5th): Nrs. 262 Crores

Last week of Chaitra (24th - 28th): NRs. 299.27 Crores

5th Baisakh: Nrs. 75.12 Crores

4th Baisakh: Nrs. 82.16 Crores

Commentary:

  • 1. Today market has remained positive like yesterday. Likewise the other indexes are also positive.
  • 2. The volume today is lower than that of yesterday.
  • 3. Out of 10 Sub-indices Hydropower, Finance, Non- Life Insurance and Life Insurance are negative today.
  • 4. We can see noticeable changes on Banking, Hotels and Manufacturing & Processing of 25.35, 16.36 and 10.57 respectively.
  • 5. Today top 4 turnovers are from the banking sector.

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

KBL

NRs. 8.58 crores

269

PRVU

NRs. 4.47 crores

278

NBL

NRs. 4.20 crores

302

NMB

NRs. 3.61 crores

385

CBBL

NRs. 2.99 crores

1,014

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 56.73 Crores

1,956,989

5,512

Finance

NRs.  018  Crores

14,151

79

Hotels

NRs. 0.09 Crores

3,345

18

Manufacturing And Processing

NRs. 0.66 Crores

19,981

91

Others

NRs. 0.90 Crores

12,326

122

Hydro Power

NRs. 3.07 Crores

153,960

1,120

Non Life Insurance

NRs.  5.90 Crores

98,434

608

Development Banks

NRs. 2.93 Crores

147,388

495

Mutual Fund

NRs. 0.20 Crores

205,521

50

Promoter Share

NRs. 1.60 Crores

45,494

69

                                            Pic. Showing Sensitive Candle Stick Chart

Analysis:

  • 1. This week we only had 4 trading days instead of 5 due to Nepali New Year. We can see the improvement in the NEPSE Market gradually as the market this week started from 1188.71 and ended at 1232.26.
  • 2. This week banking sector is in uptrend as its NEPSE index has been increasing likewise more of the sub indices are also in uptrend which are Hotels, Development Banks whose points are increasing smoothly.
  • 3. The most noticeable change in sub-indices is of the Hotel sector which started 1752.01 and ended at 1784.00 on the 1st week of Baisakh.  
  • 4. Though the market is increasing the volume of the last week of Chaitra is greater than of 1st week of Baisakh which means that the market is looking for Saturation.

 

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