Continuing the bullish trend like previous week, the index of Nepal Stock Exchange (Nepse), the sole secondary market of the country recorded a whopping 10.8 points rise over the week.

The index of Nepal Stock Exchange reached 413.10 points, on Thursday, the last day of transaction under regular lot, up from 403.02 points of Sunday, the opening day of the week, due to the good performance of commercial banks group.

The Nepse index had registered a growth of 1.42 points in the previous week.

According to the Nepse, 404,218 unit shares worth Rs 207.8 million were traded through 2,974 transactions over the week. The transaction stood at Rs 13.6 million rupees during the previous week.

Out of the 58 listed companies, 48 companies traded their shares over the week.

The commercial banks group, registered an impressive growth of 13.67 points, reaching its index to 469.20 points, on the closing day up from 455.62 points on Sunday. Likewise, the finance group gained 1.92 points as its index touched 276.23 points.

The other group’s posted a rise of 17.18 points. The group’s trading closed at 450. 19 points up from the opening 433.01 points. The development banks group also posted a sound growth of 7.84 points and closed at 329.22 points, up from 321.38 points on Sunday. The trading group, too, posted a growth as its closing index stood at 149.71 points up from the opening 149.66 points.

The Nepse indices of the manufacturing, hotel, and insurance groups remained constant at 313.68, 179.03 and 394.58 points respectively.

Like previous week, the commercial bank group dominated the Nepse floor by capturing 88.61 percent of the total share transaction, while other groups and Insurance groups captured 6.95 percent and 1.83 percent of the total share transactions. Finance group accounted for 1.80 percent, while Development Bank group captured merger 0.80 percent share.