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Rasuwagadhi Hydropower index declines by 35.92 points

Kathmandu. The impact of the floods in the Bhotekoshi River has also been seen in the stock market. The overall market index NEPSE has also fallen due to the sharp fall in the share prices of hydropower companies in the flood-affected areas.

TAG_OPEN_p_6 On Wednesday, the NEPSE index fell by 35.92 points to 2,558.35 points. Shares of hydropower companies, especially those in flood-affected areas, have seen selling pressure in the market.

Today, the share price of Rasuwagadhi Hydropower Company Limited fell by 15 percent to the negative circuit. Similarly, the share price of Molung Khola Hydropower Company Limited fell by 14.99 percent, Trishuli Hydropower Company Limited by 12.95 percent, Middle Mewa Khola Hydropower Company Limited by 11.56 percent and Sanjen Hydropower Company Limited by 11.18 percent.TAG_OPEN_p_5

The Nepse index decreased but the transaction volume increased. Shares worth Rs 4.10 billion were traded on Tuesday and the turnover volume increased to Rs 4.77 billion on Wednesday.

Despite the downturn, the share price of Sarvotta Paints is trading at a positive circuit level.

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