The index of Nepal Stock Exchange (Nepse) posted a whooping rise of 10.96 points over the week reaching its index to 532.33 points, up from 521.37 points, thanks to rise in the share prices of commercial banks group.

According to Nepal Stock Exchange, the total turnover over the week stood at Rs 286.2 million with 444,946 shares having been traded.

The commercial banks posted a rise of 11.39 points, reaching its index to 596.21 points from 584.82 points. Similarly, the insurance group posted a steady growth of 15.81 points to end at 528.32 points. The index of finance group posted a growth of 29.65 points, reaching its index to 377.04 points from 347.39 points.

The index of the others group increased by 5.09 points to and reached at 695.49 points, up from 690.40 points. The hotels group also saw an increment. Its index rose by 0.77 points.

However, the trading group saw a fall of 1.58 points, with its index closing at 148.51 points, down from 150.09 points. The index of manufacturing group remained static at 322.36 points.

Like the previous week, the commercial banks group dominated the Nepse floor capturing 52.34 percent of total turnover. The development banks group accounted for 30.55 percent. Finance group had 8.36 percent share while the others group captured 7.63 percent. The insurance group took 1.04 percent share.