The Nepal Stock Exchange (NEPSE) Index reached a significant milestone today, surging past the 2300 mark for the first time in two years. Closing at an impressive 2,310.59, the index saw a substantial gain of 70.18 points or 3.13% from the previous trading day’s close, marking its highest level since May 12, 2022, when it closed at 2,350.42.
Investors and traders alike have responded with optimism to this resurgence in the stock market, reflecting renewed confidence after a prolonged period of volatility.
Simultaneously, the Hotel and Tourism Index witnessed a remarkable increase, soaring by 201.96 points or 3.63% to close at 5,761.62 points. This surge comes on the heels of a recent downturn, showcasing robust market resilience and investor interest in the hospitality and tourism sectors.
Today’s trading session began with the NEPSE Index opening at 2,243.07 points, hitting an intraday low of 2,231.83 points, and peaking at an intraday high of 2,310.84 points before settling at its closing figure of 2,310.59. Similarly, the Hotel and Tourism Index opened at 5,559.66 points, dipped to an intraday low of 5,556.71 points, and climbed to an intraday high of 5,778.86 points, concluding at 5,761.62.
