Continuing the bullish trend during the week, the Nepal Stock Exchange (Nepse) index registered a historic record of 591.65 points on Thursday with strong performance of major indices and investors purchasing shares like never before, according to the weekly trading analysis.

The Nepse opened at 583.44 points on Sunday, and continued to climb all through the week and closed at an impressive 591.65 points, a new historic high for weekly closing on Thursday, the last day of stock trading.

The weekly turnover, however, decreased this week to Rs 257 million with 624,893 unit shares traded through 1,796 transactions, against last week’s figure of Rs 270.2 million through the trading of 690,834 shares. Out of the total 77 listed companies, 68 companies saw their transactions this week. The group wise share trading analysis shows that all major groups including commercial banks, the other and insurance groups each posted an impressive growth.

Stock analysts said that this succession of growth can be attributed to increase in share prices of commercial banks including other leading scrips.