Following the political development of the country, the index of Nepal Stock Exchange (Nepse) continued to perform well thanks to the better performance of commercial banks.

The Nepse index posted an impressive rise of 13.02 points over the week, reaching its index to 381.70 points on Thursday, the last day of the trading under a regular lot from 368.68 points on Sunday, the opening day of the share transaction.

The Nepse had registered a handsome growth of 5.36 points last week as well.

A total of 391,864 unit shares were traded on a turnover of Rs 188.2 million throughout the week. During the previous week, 299,376 unit shares worth Rs 136.5 million were transacted.

Group-wise share trading shows that commercial banks group posted a steady rise of 17.31 points reaching its index to 439.42 points from 422.11 points. The index of the manufacturing group registered a growth of 10.13 points, reaching its index to 289.81 points from 279.68 points. Insurance and finance groups also gained, as their indices increased to 347.71 points and 252.65 points, up from 346.21 points and 246.08 points respectively.

The development banks group suffered loss reaching its index down to 285.75 points from 287.94 points. The index of the others group fell to 363.49 points, down from 364.97 points.

The trading and the hotel groups, meanwhile, saw no change in their index and remained constant at 141.27 points and 178.84 points respectively throughout the week.

The commercial banks group continued to dominate the Nepse floor by capturing 91.80 percent share. The share of finance group comprised 4.33 percent of the total transactions, while the insurance group followed it by 2.79 percent.

The development bank group was able to capture 1.04 percent and the manufacturing group had 0.02 percent share, while the hotel and the other group each had a mere 0.01 percent.