Hydropower rally pushes NEPSE to 2-month high as turnover hits 6-week peak
Summary
NEPSE surged 33.29 points to a two-month high of 2,664.06 as hydropower and life insurance stocks led the rally. Turnover climbed to Rs 7.45 billion, the highest in the past one and a half months.
Key Points
- NEPSE rose 33.29 points to close at 2,664.06, its highest level in two months.
- The market turnover increased to Rs 7.45 billion, the highest in the past six weeks.
- Hydropower and life insurance groups led gains, while only the trading sector declined.
- Beni Hydropower Project and Butwal Power Company were among the top gainers, while Prime Debenture 2088 fell the most.