Breadth ratio falls to 0.6 from 2.01 as the index slips -0.16% to 2,629.82
Executive Summary
The benchmark closed at 2,629.82, a change of -4.34 or -0.16% from the prior close of 2,634.16. The session's most pronounced shift was in market breadth: the advance-decline ratio moved to 0.6 from 2.01, a change of -70.1. At that level decliners outnumbered advancers, with 122 advancing against 204 declining and 15 unchanged.
Turnover for the session stood at Rs 4 Arba across 38,788 transactions and 10,343,709 shares, spanning 341 traded scripts.
Markets Today
The index closed at 2,629.82 against a previous close of 2,634.16, a move of -4.34 (-0.16%). Breadth deteriorated alongside the index: the advance-decline ratio of 0.6 indicates that decliners exceeded advancers on the day.
1 scripts reached the positive circuit and 0 the negative circuit. 3 scripts printed new fifty-two-week highs and 3 new lows.
Breadth
Advancers numbered 122, decliners 204 and unchanged 15, giving an advance-decline ratio of 0.6. The ratio compares with 2.01 in the prior session, a change of -70.1. The direction of breadth leadership on the day was with the decliners.
Sector Performance
Manufacturing And Processing was the strongest sector by median change at +0.83%, with a breadth reading of 10/4. Non-Convertible Debenture was the weakest, with a median change of -1.31% and a breadth reading of 5/13.
Across the sector table the strongest median was +0.83% in Manufacturing And Processing and the weakest was -1.31% in Non-Convertible Debenture.
Top Movers
BENH led the gainers at +14.99%, while CKHL was the weakest at -7.92%. GHL recorded the highest turnover of the session.
Three scripts extended upward streaks of 3 sessions: SMJC, SGHL and GBILD84/85.
Turnover
The session recorded turnover of Rs 4 Arba over 38,788 transactions, with 10,343,709 shares changing hands across 341 scripts.
Key Observations
MEN has a book close on 2026-10-27 for Cash dividend 1.05%, and a further book close on 2026-10-27 for Bonus 20.0%. Holders should note both dates.
The session's defining feature was the reversal in breadth: the advance-decline ratio fell to 0.6 from 2.01, leaving decliners in the majority even as the index moved only -0.16.
Technical snapshot & sector sentiment
The NEPSE index closed at 2,629.82 (-0.16%). On the latest completed session, RSI(14) read 58.6 (neutral) and the index sat above its 50-session average by 1.02%. Our regime classifier reads down-trending, low volatility. The composite sentiment gauge is Neutral at 54/100. Our latest ratings (2026-10-23) put 96 counters bullish against 103 bearish.
| Sector | Median | Adv / Dec | Our read |
|---|---|---|---|
| Manufacturing And Processing | +0.83% | 10 / 4 | Bullish (4 up, 4 down) |
| Mutual Fund | 0.00% | 17 / 19 | — |
| Hydro Power | -0.19% | 52 / 59 | Bullish (36 up, 38 down) |
| Finance | -0.22% | 4 / 10 | Bearish (2 up, 10 down) |
| Microfinance | -0.24% | 15 / 30 | Bearish (11 up, 20 down) |
| Investment | -0.27% | 2 / 6 | Bullish (3 up, 2 down) |
| Commercial Banks | -0.32% | 6 / 14 | Bullish (19 up, 0 down) |
| Life Insurance | -0.61% | 3 / 10 | Bullish (7 up, 2 down) |
| Others | -0.87% | 3 / 6 | Bearish (1 up, 8 down) |
| Non Life Insurance | -0.90% | 2 / 11 | Bearish (1 up, 6 down) |
| Development Banks | -0.90% | 2 / 14 | Bullish (7 up, 6 down) |
| Hotels And Tourism | -0.94% | 0 / 7 | Neutral (3 up, 4 down) |
| Non-Convertible Debenture | -1.31% | 5 / 13 | — |
“Our read” rolls up our stored technical verdicts for each sector's constituents (a documented heuristic, not advice).
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