The index of Nepal Stock Exchange (Nepse) posted a growth of 3.90 points over the week thanks to the rising share prices of commercial banks and other leading groups.

According to Nepal Stock Exchange, the index rose to 506.62 points on Thursday, last day of the trading under regular lot, up from 502.72 points of the opening day.

The weekly turnover, however, dropped slightly over the week to Rs 105.6 million with 386,391 unit shares having been traded through 2,871 transactions over the week. A total of 239,939 unit shares worth over Rs 107.3 million were traded through 2,800 transactions.

The index of commercial banks group posted a growth of 5.12 points reaching its index to 544.38 points up from the opening 539.26 points. Likewise, the finance group gained 6.28 points and closed at 430.51 points on Thursday, up from 424.23 points of Sunday.

The development banks group posted a growth of 8.41 points, as its index increased to 445.35 points from 436.94 points.

The others group also registered a growth and closed at 664.76 points from the opening 662.33 points on Sunday.

On the other hand, the hotels group suffered a major blow, as its index dropped by 5.65 points. The group’s index dropped to 230.76 points from the opening 236.41 points. The insurance group, too, lost to settle at 591.10 points on Thursday from the opening 591.37 points.

However, the indices of manufacturing group and the trading group remained constant at 329.42 points and 148.71 points respectively.

The commercial banks continued to dominate the floor at Stock Exchange capturing 43.56 percent of the total trading, while the others group came second with 35.48 percent. The development banks group grabbed 9.28 percent, the finance group had 7.94 percent, and the insurance group bagged 3.03 percent share in the total share trading.