Hydropower added up 177.63 points and topped gainers’ list last week

Kathmandu; Hydropower group, with achieving an additional 177.63 points, topped the gainers' list in the secondary market last week.

In recent days, the shares of hydropower companies have been able to draw attractions of investors. In the previous week too, the group led with an additional 102.13 points in the country’s only stock exchange market.

In the three-day trading last week, the group started its trading at 2,528.44 points and closed at 2,706.07 points. The sub-index went on a straight rise throughout the trading session.

Out of the ten gainers during the review period, hydropower was added with the highest value. Overall, the market price of hydropower shares increased 7.03 percent.

In individual companies, Ridi Power Company Limited had the biggest transactions of its shares worth Rs 571.48 million. In the previous week too, the company’s shares of Rs 723.76 million were traded.

Of the top ten companies recorded for the highest turnover, seven belonged to energy producers. Api Power Company, Upper Tamakoshi Hydropower, National Hydro Power Company, Himal Dolakha Hydropower Company, Ngadi Group Power and Arun Valley Hydropower Development Co Ltd were among them.

During the review period, Nepal Stock Exchange increased by 29.42 points to close at 2,178.81 points. The share investors gained Rs 42 billion from transactions.