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

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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