WEEKLY SHARE UPDATE: Nepse stays on positive mode Nepal Stock Exchange (Nepse) index showed an increment of two points this week. The weekly share trading at the country’s sole secondary market started at 337.58 points on Sunday and went up to 339.58 points on the last day of the trading under a regular lot. The leading groups including commercial banks, development banks, manufacturing groups insurance group and finance group, all maintained growth while hotels, trade and others group remained constant. According to the Nepse, a total of 168614 units of shares valued at Rs 9,49,62,588 were traded through 1157 transactions during the week. Last week, a total of 99,313 units of shares changed hands generating a turnover of Rs 49849953 from 991 transactions. Of the 64 listed companies for share trading, only 49 companies saw their transaction this week. The weekly trading report of Nepse showed that the commercial banks group, which is the largest scrip by volume, captured the 79.99 per cent of total share transaction. The index of the group that opened at 375.64 points on Sunday went up to 377.86 points on the closing day. The group showed an increment of 2.22 points. Likewise, manufacturing group index moved up from 286.32 points to 286.86 points, insurance group reached registered 343.75 points from 342.05 points, development banks from 280.82 points to 288.50 points, which is an increment by 7.68 points. The weekly trading report shows that the indices of the trading groups, hotel and others remained constant at 148.07, 183.55 and 345.39 points respectively. Of the total transactions that took place during the week at the Nepse floor, the commercial banks group continued to capture the lion’s share of 79.99 per cent. The development banks had 16.33 per cent with finance group with 1.38 per cent. The total purchase of shares at the floor remained at 94 during the week, averaging 23 units per day. While the total sales stood at 78, meaning that only 19 shares were sold on average per day throughout the week. In terms of maximum number of transactions Lumbini Bank Ltd topped the list during the week with 109 transactions and on the basis of maximum units of share transacted, Development Credit Bank stood first with 39,775 shares traded. In terms of share value Nepal Investment Bank Ltd stood on the top with Rs 171,05,031. The floor remained open for four days on regular lot and one day for Odd Lot, where the shares of Nabil Bank Ltd, Nepal Investment Bank, Standard Chartered Bank, Himalayan Bank, Nepal SBI Bank, Nepal Bangladesh Bank, Everest Bank, Bank of Kathmandu, NIC Bank, Machhaphuchre Bank, Lumbini Bank, Laxmi Bank and NCC Bank and Development Credit Bank for four days. Shares of Nepal Life Insurance Company, Life Insurance Company, Union Finance Company, Nepal Merchant Banking and Standard Finance were traded for three days. Nepal Insurance Company, United Insurance Company, Himalayan General Insurance Company, Peoples Finance, S Finance, Yeti Finance and Om Finance shares were traded only one day during the week.