The Hotels and Tourism Index rebounded today, recording a moderate rise of 29.48 points (0.39%), closing at 7,441.32. This follows a loss of 160.69 points in yesterday’s trading session, indicating signs of recovery in the sector.
The index opened at 7,408.84, reached an intraday high of 7,478.50, and touched a low of 7,357.00, reflecting fluctuations driven by market sentiment and trading activities in hospitality and tourism-related stocks.
NEPSE Sees Mild Gain
The overall Nepal Stock Exchange (NEPSE) Index also recorded a modest increase of 5.82 points (0.20%), settling at 2,782.18. The benchmark index opened at 2,770.82, climbed to a peak of 2,808.96, and fell to an intraday low of 2,740.22 during today’s trading session.
Trading Volume and Market Capitalization
Today’s trading saw a total turnover of Rs. 8.81 Arba, with 21,318,929 shares exchanged across 328 companies through 103,225 transactions. The overall market capitalization stood at Rs. 47.30 Kharba, while the float market capitalization was recorded at Rs. 15.95 Kharba, signaling steady investor participation despite the previous day’s dip.
Market Outlook
Analysts suggest that the moderate recovery in both the Hotels and Tourism Index and NEPSE reflects cautious optimism among investors. While volatility persists, the upward movement today indicates resilience in key sectors, particularly in tourism and hospitality stocks, which are gradually regaining momentum after recent losses.
