Weekly share update : Bourse recovers with a boom With an improvement in share prices of leading scrips, including commercial banks, share trading at Nepal Stock Exchange recovered this week, as the weekly Nepse index recorded a healthy growth. The bourse gained 7.08 points against last week’s fall of over four points. The trading at the country’s sole secondary market began at 376.77 points on Sunday and went up to close at 383.85 points on Thursday, the last day of the trading under a regular lot. Of the eight groups at Nepse, six leading groups registered growth in their respective indices this week, while hotel group became a sole loser and the trading group’s index remained constant. According to Nepse, a total of 172,941 units of shares valued at Rs 65,882,421 were traded through 1,866 transactions over the week. Of the listed 73 companies for share trading, 60 companies saw their transaction. The weekly trading report shows that the commercial banks group, recorded an impressive growth of 9.02 points. The group’s index jumped up to 433.89 points on the last day from 424.87 points on Sunday. The manufacturing and the other groups posted 2.53 points and 7.94 points growth each during the five-day long trading. The Nepse index of the manufacturing group that began trading at 297.41 points on Sunday, closed at 299.94 points, while the other group’s trading opened at 396.27 points and went up to 404.21 points on the closing day. Likewise, the insurance and the finance groups registered growth of 7.17 points and 1.89 points respectively and their indices stood up at 380.25 points and 261.05 points on the closing day. The index of development banks group rebounded with a stunning growth of 12.06 points, as its index leapt up to 290.22 points on Thursday. On other hand, the hotel group’s index went down to 180.19 points from the opening 180.77 points on Sunday. The trading group, meanwhile, saw no change in its index and remained constant at 148.11 points throughout the week. The commercial banks group continued to dominate the Nepse floor by capturing a large share of the total transactions. The group cornered 68.68 per cent of the share trading. The development banks group was able to capture 2.84 per cent and the insurance banks group had 2.47 per cent share. The trading group had just 0.11 per cent, while the hotel group had 0.01 per cent share. In terms of the maximum number of transactions, Gandaki Development Financial Institute topped the race this week, with 514 transactions, while Chilime Hydropower Company outshone others in number of share units and value traded during the week. A total of 20,640 unit shares of the company were traded at Rs 8,031,630 at the Nepse floor this week. The floor remained open for five days, where the shares of Nabil Bank, Nepal Investment Bank, Himalayan Bank, Nepal SBI Bank, Nepal Bangladesh Bank, Everest Bank, NIC Bank, Laxmi Bank, Lumbini Bank, Kumari Bank, Siddhartha Bank, Chilime Hydropower Company, Nepal Life Insurance Company, Life Insurance Corporation, Nepal Merchant Banking and Finance, Nepal Development Bank and Credit Develop ment Bank were traded throughout the week.