After several weeks of intermittent share trading at the Nepal Stock Exchange, the Nepse index moved up this week to cross 500 points, which had seen slender improvement since last week.

When the trading closed this week, the Nepse settled at 503.39 points with 5.56 points growth. Last week, the recovery was 6.37 points. Positive trading seen in commercial banks’ group supported the growth. Week’s trading had begun with 498.02 points.

The weekly turnover also increased to Rs 107.3 million with 239,939 unit shares traded through 2,800 transactions during the week. A total of 296,848 unit shares worth over Rs 100.04 million were traded through 2,029 transactions last week. Out of the total 76 listed companies, 68 companies managed the transaction of shares this week.

Commercial banks group recovered 8.71 points growth. The group’s index closed at 539.80 points from the opening 531.09 points. The group had gained over 11 points last week.