The Nepal Stock Exchange (NEPSE) index fell by 4.26 points last week as investors booked profits following the previous week’s 3.86 percent surge.

The secondary market opened at 2,600.38 points on Sunday and closed at 2,596.12 points on Thursday. During the week, the index reached a high of 2,650.61 points and a low of 2,576.83 points, reflecting a volatility of 73.78 points.

On Sunday, the market opened on a positive note, gaining 30.75 points. It then corrected over the next two consecutive days, declining by 2.84 points and 27.64 points, respectively. The index rebounded by 12.17 points on Wednesday but fell again by 11.29 points on Thursday to close the week lower.

Among the subgroups, finance led the gainers with a rise of 6.17 percent, followed by life insurance, manufacturing and processing, microfinance, and mutual funds. Of the eight losing groups, hydropower suffered the biggest loss, shedding 1.39 percent of its market value.

In terms of individual companies, Himalayan Bank Limited (Promoter Share) recorded the highest turnover, worth Rs 1.66 billion. Himalayan Distillery Limited saw the steepest fall, with its share value declining by 14.24 percent, while Mabilung Energy Limited posted the highest gain, surging 33.05 percent.

The total turnover for the week stood at Rs 30.50 billion, up from Rs 20.20 billion in the previous week. The average daily turnover also increased to Rs 6.10 billion from Rs 5.05 billion.

During the review period, market capitalization declined to Rs 4.341 trillion from Rs 4.347 trillion, resulting in a loss of Rs 5.78 billion for investors. In contrast, investors had gained Rs 162 billion in market capitalization during the previous week.