The Nepal Stock Exchange (NEPSE) sustained its upward trend, gaining 29.82 points (1.11%) to close at 2,693.12 on [date]. This follows a significant rise of 41.43 points in the previous session, indicating a strong market recovery.
The benchmark index opened at 2,661.63, reaching an intraday high of 2,718.95 and a low of 2,657.88. The total trading turnover for the day stood at Rs. 7.56 Arba, with 15,572,862 shares changing hands across 323 companies through 76,354 transactions.
Hotel and Tourism Sector Gains Momentum
The Hotel and Tourism Index also demonstrated robust growth, climbing 91.08 points (1.41%) to close at 6,510.79. This marks a continued upward trend, following a 28.31-point gain in the previous session.
The sectoral index opened at 6,420.16, recording an intraday high of 6,540.04 and a low of 6,413.45. The steady increase in the tourism sector’s stock performance reflects growing investor confidence in Nepal’s hospitality and travel industries.
Analysts attribute this bullish momentum to renewed economic optimism, increased investor participation, and positive sentiments surrounding Nepal’s tourism recovery. With increasing market activity, investors remain optimistic about further growth in the upcoming sessions.