The Nepal Stock Exchange (NEPSE) closed with a modest gain today, rising by 1.60 points (0.05%) to settle at 2,694.66, continuing its upward momentum after gaining 17.44 points in the previous session.
Investor Confidence Strengthened by Sectoral Gains
The trading session began with the benchmark index opening at 2,715.95, reaching an intraday high of 2,726.60 and dipping to a low of 2,686.93. The total turnover for the day reached an impressive Rs. 9.22 Arba, with 22,031,861 shares traded across 314 companies through 83,016 transactions. At the close of trading, the market capitalization stood at Rs. 44.87 Kharba, while the float market capitalization was recorded at Rs. 15.13 Kharba.
Among sectoral performances, the Hotels and Tourism Index emerged as the top gainer, advancing by 162.40 points (2.39%) to close at 6,951.02. This follows a previous gain of 54.93 points, indicating a strong and consistent uptrend in the tourism sector. The index saw an intraday range between 6,879.32 and 7,046.65.
In contrast, the Banking SubIndex faced the biggest setback of the day, recording a loss of 0.59%, highlighting sectoral divergence within the market.
Overall, while the NEPSE index remained largely stable, the strong performance in the Hotels and Tourism sector reflects growing investor confidence in tourism-related stocks amid positive market sentiment.
