The Index of Nepal Stock Exchange (Nepse) posted a growth of 2.09 points this week thanks to the soaring share prices of the commercial banks.
The index rose to 296.98 points on Thursday, the last day of share transaction, from 294.89 points.
104,654 unit shares worth Rs 35.4 million were traded this week. Last week, 161,752 unit shares worth of Rs 30.3 million were traded.
The commercial banks group, the largest group at the stock market, posted a growth of 2.5 points, with index increasing to 316.67 points, up from 314.17 points. The other groups saw a robust increment of 13.97 points. Its index that opened at 322.39 points climbed up to 336.36 points.
However, the manufacturing group suffered loss with its index decreasing to 305.01 from 305.43 points. Trading group also saw its index decreasing to 129.55 points, down from 135.11 points. The index of insurance, finance and development bank groups fell to 322.72 points, 229.30 points and 216.30 points, from 323.87 points, 229.56 points and 220.28 points respectively.
However, the index of the hotel group remained static at 177.62 points.
Like the previous weeks the commercial bank group dominated the floor of Nepse with 81.13 percent of the total share transaction. Finance group accounted for 10.46 percent share. Insurance group took 5.76 percent share, followed by trading group with 2.05 percent share.