The NEPSE index surged 1.58% (42.04 points) this week, to close at 2,699.81 points, up from last week’s 2,657.77. 

The market saw gains of 69.80 points and 2.41 points on the first two trading days, followed by declines of 14.08, 4.45, and 11.64 points on subsequent days.

According to seasoned investors, fluctuations were driven by profit-booking activities after brief market upticks, while brokers cited low investor confidence as a barrier to consistent growth. 

Trading volume more than doubled, with over 103 million units of scrips worth Rs 51.95 billion exchanged, compared to over 52 million units valued at Rs 27.45 billion last week. 

Market capitalization also rose by Rs 70.25 billion, reaching Rs 4.479 trillion from Rs 4.409 trillion. 

Of the 13 sub-indices, 11 rose, with the Finance Index posting the highest gain of 5.73%, while the Trading Index edged up just 0.04%. Meanwhile, the Hotel and Tourism Index and the Development Bank Index declined by 0.88% and 2.37%, respectively.