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Bullish trend continues at NEPSE

Rising customer confidence and smooth rise of shares helped the Nepal Stock Exchange (NEPSE) index gain 31.15 points this week to close at 771.33 points on Thursday, the final day of stock trading.

A total of 613,520 shares worth Rs 536.3 million were traded through 4,524 transactions during the week.

Group-wise trading showed that development bank's shares registered a growth of 101.20 points reaching 1037.59 points. Commercial bank's group and insurance group gained 41.41 points and 15.84 points to finish at 777.49 points and 749.6 points respectively.

Hydropower sector witnessed a meager growth this week, gaining 2.11 points to end at 1046.05 points while hotels' and finance companies' group were among the losers this week as their index went down. nepalnews.com ag May 11 08

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