The Hotels and Tourism Index posted a strong recovery on the Nepal Stock Exchange (NEPSE) today, gaining 130.46 points (1.75%) to close at 7,552.91, reversing a loss of 13.19 points recorded in the previous trading session.
Hotels and Tourism Sector Records Strong Rebound
The sectoral index opened at 7,434.70 and showed steady upward momentum throughout the day. It touched an intraday high of 7,591.55 before settling slightly lower at closing. The lowest point recorded during the session was 7,420.66, indicating positive investor sentiment in tourism-related stocks.
The sharp gain reflects renewed confidence in the hospitality and tourism sector, which continues to be a key driver of Nepal’s economic recovery and market performance.
NEPSE Extends Gains with 2.30% Rise
The broader NEPSE index also witnessed a significant rise, gaining 64.69 points (2.30%) to close at 2,877.03, building on a 13.51-point increase in the previous session.
The benchmark index opened at 2,814.25, climbed to an intraday high of 2,882.86, and recorded a low of 2,814.24 during the trading day, showing a strong bullish trend across the market.
Trading Activity Remains Robust
Market activity remained high, with total turnover reaching Rs. 21.22 Arba. A total of 56.92 million shares were traded across 342 companies through 191,251 transactions, reflecting active participation from investors.
Market Capitalization Expands
Following the day’s gains, the total market capitalization stood at Rs. 48.76 Kharba, while the float market capitalization reached Rs. 16.62 Kharba. The increase in market value indicates growing investor confidence and sustained momentum in the stock market.
Positive Outlook for Market and Tourism Stocks
The strong performance of both the Hotels and Tourism Index and the broader NEPSE suggests a positive outlook for the market, with tourism-related stocks playing a significant role in driving gains. Analysts believe continued investor interest, coupled with improving economic conditions, may further support market growth in the coming sessions.
