NEPSE Sheds 35.92 Points as Flood Damage Raises Uncertainty in Hydropower Sector

Summary

NEPSE fell 35.92 points to close at 2,558.35 as flood-related damage continued to pressure hydropower stocks and dragged down the broader market. Chilime Hydropower led turnover while Rasuwagadhi Hydropower saw the steepest decline.

Key Points
  • NEPSE dropped 35.92 points, or 1.38%, to close at 2,558.35.
  • Hydropower shares remained under pressure after recent flood damage, with the sector index falling 104.33 points.
  • Chilime Hydropower Company Limited led turnover at Rs. 20.56 crore, while Rasuwagadhi Hydropower Company Limited recorded the biggest fall.
  • Sarvottam Paints Industries Limited hit the upper circuit with a 15% gain.
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