SUNRISE MARKET PULSE April 04, 2019 Issuesunrisecapital.com.np/Modules/SunriseCapital/... · lost....
Transcript of SUNRISE MARKET PULSE April 04, 2019 Issuesunrisecapital.com.np/Modules/SunriseCapital/... · lost....
WEEKLY MARKET RECAP March 28-April 04, 2019 Issue-35
SUNRISE MARKET PULSE
NEPSE continued its upward momentum last week gaining 20.67 points. On the first trading day of the week NEPSE lost 0.94 points. On the first 30 minutes after the trading started, the index went up reaching 1148.93 points and then started to fall down making intra day low at 1139.51 points. The index recovered after 1:15 pm and finally closed at 1143.59 points. On the second and third trading days NEPSE gained 6.40 points 13.48 points respectively. On the forth trading day, NEPSE rapidly fell on the first 30 minutes reaching 1158.72 points (intraday low). The index then quickly recovered and went high up to 1172.40 points making intraday as well as weekly high. Afterwards, the index fell for about 30 minutes, bounced from 1164.14 points and closed at 1165.77. On the final trading day of the week, the index went down for first 45 minutes and bounced from 1160.91. The index made intraday high at 1169.87 points. The index started to fall on the last trading hour and finally closed at 1165.20 points.
Technical Indicators
Support and Resistance The technical chart suggests that the NEPSE is struggling to go past the resistance zone of 1160-1170. This region can be regarded as immediate resistance zone while immediate support zone for NEPSE is 1100-1110. 1100 can also be regarded as a psychological support for NEPSE. RSI NEPSE’s RSI in the week’s closing is at 64. RSI indicates that the market is currently in neutral zone. The RSI on the preceding week was 54 points. Moving Averages The SMA 5 and SMA 20 are above SMA 50 indicating the short term bullish momentum. All the short term moving averages are below SMA 200 signifying that the long term trend of the market is still bearish. ADX +DI is above –DI suggesting that the market is in upward momentum. ADX is at 25 indicating that the upward momentum of the market is strong.
Parameters
Weekly Close 1165.20
Weekly High 1172.40
Weekly Low 1139.51
Av. Volume 417,922,116.00
RSI 64
SMA(200) 1184.38
SMA(50) 1138.51
SMA(21) 1146.32
SMA(6) 1155.44
B. Band (Top) 1170.87
B. Band (Median) 1148.04
B. Band (Bottom) 1125.22
Technical Overview
Index March 28,2019
April 04,2019 % Change
NEPSE 1,144.53 1,165.20 1.81%
Sensitive 243.49 248.57 2.09%
Float 83.35 85.18 2.20%
Sensitive Float 76.59 78.51 2.51%
Sub– Indices March 28,2019
April 04,2019 % Change
Banking 989.29 1,024.80 3.59%
Dev. Banks 1,451.58 1,461.80 0.70%
Finance 615.24 615.9 0.11%
Hotels 1,722.52 1,734.19 0.68%
Hydropower 1,158.85 1,152.75 -0.53%
Life Insurance 5,920.97 5,885.19 -0.60%
Microfinance 1,385.39 1,372.33 -0.94%
Non Life Ins. 5,385.14 5,357.86 -0.51%
Others 706.72 708.04 0.19%
NEPSE gained 1.81% last week closing at 1165.20.
Sensitive, Float and Sensitive Float Index all posted a
growth. Sensitive Index Float Index and Sensitive Float
index were up by 2.09%, 2.20% and 2.51% respectively.
Among nine sub indices, four indices posted a decline
while five indices witnessed a growth. Hydropower, Life
Insurance, Microfinance and Non Life Insurance indices
lost. Microfinance Index was the most to lose with 0.94%
decline. Among the gainers, Commercial Bank index
gained the most with 3.59 % growth. Development Bank
Index gained 0.70%.
The average volume per day on last trading week was
41.79 crores. Market capitalization at the end of the week
stood at 14.24 kharba. The market capitalization on the
last day of the preceding week was 13.93 kharba. The
investors gained 25 arba last week.
Date Total Turnover
(Rs.) Market Cap (in Millions)
4-Apr-19 423,492,663.00 1,424,089.62 3-Apr-19 545,818,619.00 1,424,867.12 2-Apr-19 500,881,738.00 1,422,224.93 1-Apr-19 352,810,750.00 1,405,210.80 31-Mar-19 266,606,810.00 1,397,633.95
Stocks Previous Week
Close Weekend
Close %Change
Top Gainers
LEMF 7.1 8.03 13.10%
BHBL 146 165 13.01%
NICA 398 440 10.55%
Top Losers
UPCL 179 108 -39.66%
KADBL 171 153 -10.53%
DHPL 93 86 -7.53%
Top Transactions
Stocks Quantity
Top Turnover (Rs.)
NICA 160,443,403.00
NCCB 115,897,330.00
PRVU 84,893,893.00
Top Traded Stocks (Kitta)
NCCB 528,330.00
CBL 380,359.00
NICA 376,856.00
Top Brokers
Market Outlook
Note: The number represents number of traded stocks
Brokers Amount (Rs.)
Top Buyer
58 155,252,068.70
49 95,606,219.94
45 90,520,342.00
Top Seller
49 143,571,586.00
58 114,998,109.02
44 102,273,208.96
Stock Price Movement Over The Week
Symbol Particulars
SMATA 37,920 units of Bonus Shares listed for trading
IGI 43,20,000 units of Right Shares listed for trading
SADBL 10,02,554 units of Bonus Shares listed for trading
SINDU 2,80,808.16 units of Bonus Shares listed for trading
LBBL 3,62,436.44 units of Right Shares listed for trading
SBL 42,32,192.64 units of Bonus Shares listed for trading
Major Events
Company Book Close AGM Major Agenda
CCBL 2019-04-12 2019-04-25 Proposal for 2%stock and 4.5%Cash dividend Approval to operate as a stock broker Acquisition/Merger with any other BFI
SHIVM 2019-04-09 2019-04-22 Proposal for 15.7895% Cash dividend
Book Close and AGM announcement
Current IPO Issuance to General Public
Company Name Units Opening Date Closing Date
Himalayan Urja Bikash Company Limited 14,85,000 2019-04-03 2019-04-08
Union Hydropower Company Limited 34,63,654 2019-03-27 2019-04-25
Quote of the week
Company Units Opening Date Closing Date
PROFL 6,67,305 2019-04-03 2019-04-11
SBBLPO 27,18,835 2019-03-21 2019-04-08
Stock market goes up or down, and you can't adjust your portfolio based on the whims of the market, so you have to have a strategy in a position and stay true to that strategy and not pay attention to noise that could surround any
particular investment. -John Paulson
Current Right Shares Auction Issue
Disclaimer: Sunrise Market Pulse (SMP) is newsletter published by Sunrise Capital Limited for general informational purposes only. No reader/subscriber should assume that any information presented and/or made available on SMP serves as the receipt of,
or a substitute for, personalized individual advice from the adviser or any other investment professional. Any mention in SMP of a particular security, index or other instruments is neither a recommendation by SMP to buy, sell, or hold that security or other instruments, nor does it constitute an opinion of Sunrise Capital Limited (or of any of its employees, agents or representatives) as to the suitability of that security or other instrument for any particular purpose. The information provided by SMP is obtained
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S.N. Mutual Fund Weekly NAV
(March 29,2019) Monthly NAV (14th
March,2019) Latest Price
Premium(+)/Discount(-) to Weekly NAV
1 GIMES1 8.56* 8.66 7.5 -12%
2 LEMF 8.66 8.65 8.03 -7.27%
3 LVF1 10.95 10.9 9.7 -11.42%
4 NIBLPF 7.56 7.59 7.01 -7%
5 NIBSF1 10.03 10.08 8.7 -13%
6 NMBHF1 10.68* 10.7 9.41 -12%
7 NMBSF1 11.22* 11.31 10.31 -8% 8 NEF 8.69 8.71 8.03 -8% 9 SAEF 10.07 10.66 9.09 -10%
10 SEF 10.73 10.73 9.2 -14%
11 SEOS 10.71 10.68 9.71 -9%
12 CMF1 10.31** 10.63 8.94 -13%
13 NICGF 10.49 10.5 8.99 -14%
Mutual Fund Financial Highlights
*NAV as of 22nd March,2019 **NAV as of 15th Feb,2019