Er.energyNP@Gmail.com

Nepal Stock Exchange (NEPSE) last week inclined 56.59 points (2.01%) at a time when share investors have regained confidence with the country’s politics heading towards forming a new government following successful conduction of the March 5 election.

In four-day trading, the secondary market opened at 2,820.44 points on Sunday while it closed at 2,877.03 points on Thursday. The market remained closed on Wednesday with the government announcing a public holiday of Ghodejatra in the valley on the day. During the period, the index reached as high as 2,882.86 points and lowest of 2,787.37 points, resulting in a volatility of 125.49 points.

The secondary market opened for trading at a positive note by adding 4.45 points on Sunday. The market, however, nosedived 26.07 points on Monday. The market index soared 13.51 points and 64.67 points on Tuesday and Thursday, respectively.

Sector-wise, only mutual funds lost 21.87 points. Of the 12 gainers, development banks surged the highest of 4.52 percent. Pointwise, manufacturing and processing added the largest of 249.51 points.

Regarding the individual companies, National Hydropower Company with turnover of its shares worth Rs 2.43 billion was the topmost in the segment. Salapa Bikas Bank Limited stood as the topmost gainer by adding 46.38 percent in its market value. Daramkhola Hydro Energy Limited lost 12.95 percent, the highest of all.

The total turnover amount escalated to Rs 59.56 billion from Rs 49.79 billion. The average turnover soared to Rs 14.89 billion from Rs 12.44 billion in the previous week.

In the review period, the market capitalization increased to Rs 4.876 billion from Rs 4.744 trillion, securing investors with capital gains of over Rs 132 billion in their book values. In the previous week, the investors gained Rs 181 billion from share transactions.