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Hydropower shares pull up NEPSE by 0.94 points as daily turnover inclines to Rs 5.79 billion

The Nepal Stock Exchange (NEPSE) on Tuesday edged up 0.94 points as investors rushed to purchase shares of hydropower companies.
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By REPUBLICA

KATHMANDU, Oct 27: The Nepal Stock Exchange (NEPSE) on Tuesday edged up 0.94 points as investors rushed to purchase shares of hydropower companies.



With this gain, the NEPSE index reached 2,630.76 points. The share prices of 136 companies increased, while those of 135 companies declined; the prices of 8 companies remained unchanged.


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Nepse closes at record high of 3,094.94 points


The total turnover increased to Rs 5.79 billion from around Rs 4 billion on Monday. There was a notable rise in share values of the hydropower sector as the sectoral index saw the highest gain of 1.65 percent—or 59.05 points. The life insurance sub-index plunged by the highest of 0.59 percent (70.91 points).


The share price of the recently listed Beni Hydropower Project inclined the most by 14.98 percent, followed by Mathillo Mailun Khola Jalvidhyut by 12.09 percent. The market price of Unilever Nepal Limited dropped the highest of 4.91 percent, which was followed by a number of debentures.


Ghalemdi Hydro had the largest turnover amount of its shares worth Rs 285.89 million. Peoples Hydropower Company stood next in the category.


 

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