The Nepse index lost 8.05 points (or down 0.57%) to close at 1329.41 last week. Nepse lost 2.87% at the beginning of the week. However, it gained back 2.31% towards the end of the week. The index continues to hover below the 200 day and 50 day moving average. However, the index seems to be getting closer towards the 50 day MA. Crossing above the 50 day MA could signal a possible bullish trigger. The average volume turnover decreased to NPR 38.33 crores from NPR 54.82 crores the week prior.