The index of Nepal Stock Exchange (Nepse) declined by 7.53 points to close at 480.99 points over the week down from 488.52 points of Sunday due to loss in the indices of all the registered groups.

Shares worth over 91.6 million rupees were traded during the week as compared to 36 million and 700 thousand rupees last week.

Among the losers, the commercial banks group, which is the largest scrip by volume, suffered a heavy loss of 10.10 points. The group’s index plunged to 501 points from an opening of 511.10 points on Sunday.

Likewise, the others group’s index plummeted by 9.24 points, as it closed down at 651.59 points from the opening 660.83 points. The finance group also suffered heavily and its index finished off at 430.68 points. Earlier the group began its trading at 436.78 points on Sunday.

The manufacturing group lost 2.12 points and closed at 344.95 points on Thursday, from the opening of 347.07 points. Similarly, the insurance and development banks groups also lost in their respective indices. The insurance group closed at 607.45 points, while the development banks group finished off at 477.58 points.

The hotel and trading groups, however, remained constant at 235 points and 148.71 points, respectively. These two groups have not a single trading throughout the week.

As usual, the commercial bank group dominated the trading floor of the only share market of the country and captured almost half the trade. The group cornered 49.81 per cent of the total trading.

The other group captured 35.90 percent of the total transaction.

Similarly, the development banking group, insurance group, productive group and hotel groups covered 4.1 percent, 3.9 percent , 0.19 percent and 0.16 percent respectively.

Sikhar Insurance Company stood first in terms of number of share transaction, while National Hydro Power Company led in terms of amount of transaction.

The treasury bills did not do any business this week, too.