The index of Nepal Stock Exchange (Nepse) this week witnessed an impressive growth of 6.21 points due mainly to the bullish trend recorded by commercial bank group in share trading.

The Nepse market opened at 206.02 points on Monday and closed at 212.23 points on Friday, according to a statement from the Nepse.

The commercial bank group recorded a growth of over 9 points to reach 213.34 points on Friday from 204.08 points on Monday. Increased trade volumes of Finance and Insurance companies also helped Nepse index to go up.

In terms of market share, commercial bank group was, as usual, in the top capturing 80.08 percent share of the total share trading.

In terms of the number of share number of transactions, International Finance and Leasing Company topped the weekly trading with 111 transactions. Machhapuchhre Bank stood first for trading the largest number of share units.

From Monday to Friday this week, altogether 48,680 share units were traded in 1,050 share transactions worth nearly Rs.17 million, the statement added. nepalnews.com mr Jan 25