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.
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