KATHMANDU, March 9 -- Nepal Stock Exchange (NEPSE) added 58.49 points last week, backed by the formation of a new coalition government along with the appointment of a new finance minister.

The market, which had undergone a downfall of 110 points in the past few weeks, seemed to have regained the momentum last week after Prime Minister Pushpa Kamal Dahal joined hands with the CPN-UML and Rastriya Swatantra Party, among other political parties to form a new government.

Last week, the market opened at 1,972.09 points on Sunday and closed at 2,030.55 points on Thursday. During the review period, the market went as high as 2,078 points while it plunged to as low as 1,947.28 points, witnessing a volatility of 130.72 points.

The market, with ...