Weekly share update: Share trading recoups losses Kathmandu, September 10: Following a spate of continues decline, share trading has recovered this week with improvement in share prices of commercial banks and manufacturing groups. Stock trading at the country’s sole secondary market, Nepal Stock Exchange (Nepse) witnessed a fair improvement following unilateral ceasefire announced by the Maoists last week. The Nepse index posted 2.80 points’ growth. According to the figures , the index opened at 293.42 points on Sunday, and went up to 296.22 points on Thursday, the last day for share transactions under the regular lot. The share trading underwent through a bearish trend for the last four weeks. According to group-wise analysis, the commercial banks group recovered whereas the manufacturing group registered a healthy growth of about 14 points. The finance group is the sole loser. Along with expansion of the Nepse index, the weekly total transaction value also increased and stood at Rs 58,027,103 from 4,088 transactions of 193,385 share units. Last week’s total trading value was of Rs 30, 923,152 through 2,801 transactions of 124,555 shares. Of the listed 68 companies for share trading, 60 companies saw their transaction this week. The commercial banks group, the largest scrip by volume at the Nepse floor, recovered this week with gain of 2.49 points. The group’s index that opened at 315.90 points on Sunday climbed up 318.39 points on the closing day. The group had suffered a loss of over six points last week. The manufacturing group, which has been on steady growth path for two weeks, posted a healthy growth of 13.60 points, as its index went up to 305.34 points. Earlier the group opened at 291.74 points. The insurance and the development banks groups also gained in their respective index. These groups’ indices closed up at 319.70 points and 226.14 points from the opening 317.89 points and 225.05 points respectively. Both the group had lost last week. However, the finance group, which had posted a marginal growth last week, is the sole loser this week. The group’s index closed at 230.03 points from an opening of 230.24 points. The hotel group, the other group and the trading group, however, remained constant this week at 179.34 points, 322.39 points and 134.95 points, respectively. Of the listed eight groups at Nepse floor, the commercial banks group continued its domination by capturing the largest chunk of share at Nepse. It captured 71.18 per cent of the total share. The finance group came in behind, accounting for 18.60 per cent. The manufacturing group had 4.33 per cent, while the insurance group contributed 4.13 per cent. The other group followed with a share of 0.39 per cent, the development bank group contributed a 0.35 per cent, while the hotel group had a mere 0.02 per cent. Kist Merchant Banking and Finance topped all companies in terms of number of transactions and share units. A total of 55,550 shares of the company were traded through 1,110 transactions. However, Bank of Kathmandu stood first in terms of monetary value as its total transacted value stood at Rs 18,231,727. The Nepse floor remained open for five working days, where the shares of Nepal Investment Bank, Himalayan Bank, Nepal Bangl-adesh Bank, Everest Bank, Bank of Kathmandu, NIC Bank, Machhapuchre Bank, Kumari Bank, Lumbini Bank and NCC Bank were traded.