The index of Nepal Stock Exchange (Nepse) registered an increment of 7.17 points over the week thanks to the good performance of the banking group.

The Nepse index started at 317.69 points on Sunday and went up to 324.86 points on Thursday, the last day of the trading under a regular lot.

The Nepse index posted a growth of 1.23 points in previous week.

The leading groups including commercial banks, finance groups, development banks, and manufacturing groups registered a growth and trade and hotels groups’ index remained constant while and others group’s index declined.

According to the Nepse, a total of 305,740 units shares worth Rs 98,553,860 were traded through 1,723 transactions this week. A total of 134,291 units of shares worth Rs 45,476,647 were traded last week through 739 transactions.

Group-wise share trading data shows that commercial banks group registered a rise of 10.56 points, reaching its index to 358.37 points from 347.81 points. Development banks group experienced robust growth of 9.81 points. Its index rose from 252.02 to 261.83 when the market closed.

Indices of manufacturing and insurance groups increased to 277.95 points and 336.47 points respectively, up from 274 points and 334.16 points.

Finance group posted a nominal growth of 0.46 points to 246.78 points, up from 246.32 points.

However, the others group suffered a huge loss, its index diving by 9.51 points to 331.69 points, down from 341.20 points. Hotel and trading groups could not see any change, as no share belonging to these groups was traded over the week. Their indices remained static at 181.26 points and 148.07 points, respectively.

Of the total transactions that took place over the week at the Nepse floor, the commercial banks group continued to capture the largest share of 87.08 percent. The share of finance group comprised 7.11 percent, while the insurance group followed it at 1.90 percent.

Development banks were able to capture only 1.70 percent of total transactions.