Following the loss of previous two weeks, the Nepal Stock Exchange (Nepse) index recovered and posted a growth of 3.43 points over the week thanks to good performance by the commercial banks group.

The index that began at 378.81 points on Sunday, first day of the transaction and climbed up to close at 382.24 points on Thursday, the last day of transaction under regular lot.

The index suffered a loss of 4.86 points on previous week.

A total of 399,017 units of shares worth over Rs 119.7 million were traded through 1,765 transactions over the week, as compared to 100,455 shares worth Rs 47.2 million from 1,394 transactions of the previous week.

The weekly trading report shows that out of nine groups, the commercial banks group is a sole gainer, while four groups witnessed loss and four remained constant.

The index of commercial banks group gained impressive growth of 6.39 points, reaching its index to 426.39 points up from 420 points.

The manufacturing and the other groups suffered losses, as their indices dropped by 2.03 points and 5.42 points respectively reaching their indices to 314.82 points and 411.27 points down from 316.85 points and 416.69 points respectively.

The finance group’s index settled at 263.75 points on the closing day, whereas the insurance groups index closed at 394.80 points from opening 263.85 points and 394.84 points respectively.

The manufacturing group, the hotel group, the trading group and the development banks group, saw no changes in their indices and remained static at 316.82 points, 179.62 points, 148.11 points and 313.86 points respectively.

The commercial banks group continued to dominate the Nepse floor by capturing 90.52 per cent of the total trading. The finance group followed it with 4.63 per cent, while the other group had 2..52 per cent share in the total transactions.