The Hotel and Tourism Index posted a strong gain in today’s trading session, rising by 230.81 points or 3.05 percent to close at 7,783.72. The sector had already shown positive momentum in the previous week, gaining 130.46 points on the last trading day (Thursday).
The sharp increase reflects renewed investor interest in tourism-related stocks, signaling growing confidence in the recovery and expansion of Nepal’s hospitality and travel sector.
Trading Performance of the Sectoral Index
During the day, the Hotel and Tourism Index showed steady movement, maintaining gains throughout the session. Despite minor fluctuations, the index closed significantly higher, reinforcing a bullish trend in the sector.
Market observers attribute the surge to improving tourism outlooks, increased hotel investments, and rising expectations of higher visitor inflows in the coming months.
NEPSE Also Ends in Positive Territory
The broader market, represented by the Nepal Stock Exchange (NEPSE), also ended the day on a positive note. The benchmark index climbed 54.51 points, or 1.89 percent, to settle at 2,931.55.
This follows a gain of 64.67 points recorded on the last trading day of the previous week, indicating sustained upward momentum in the market.
Market Movement and Intraday Trends
The NEPSE index opened at 2,890.08 and experienced notable fluctuations during the trading session. It reached an intraday high of 2,939.08 before dipping to a low of 2,890.68. The market ultimately closed near its daily high, reflecting strong buying pressure.
Similarly, the Hotel and Tourism Index maintained its upward trajectory, contributing significantly to the overall market gains.
Turnover and Market Activity
Trading activity remained robust, with total turnover reaching Rs. 23.59 Arba. A total of 61.4 million shares were traded across 364 listed companies through 204,955 transactions, indicating active participation from investors.
The market capitalization stood at Rs. 49.68 Kharba, while the float market capitalization was recorded at Rs. 16.96 Kharba, highlighting the overall size and liquidity of the market.
Positive Investor Sentiment
The strong performance of both the Hotel and Tourism Index and NEPSE reflects positive investor sentiment across sectors. Analysts suggest that continued improvements in economic indicators, along with sector-specific growth expectations, are driving market confidence.
With sustained momentum in both the broader market and tourism-related stocks, investors are expected to closely monitor upcoming developments that could influence future trading trends.
