The Hotels and Tourism Index recorded a modest recovery in today’s trading session, rising by 26.84 points (0.32%) to close at 8,167.38. The gain comes a day after the sector witnessed a sharp decline of 117.71 points, indicating a slight सुधार in investor sentiment.
The index opened at 8,000.63 and climbed to an intraday high of 8,331.24, while the day’s low stood at 8,000.62, reflecting some volatility throughout the session.
NEPSE Posts Marginal Increase
The broader Nepal Stock Exchange (NEPSE) also ended the day on a positive note, albeit with a marginal gain. The benchmark index increased by 1.54 points (0.05%) to settle at 2,788.70, recovering from a loss of 17.01 points in the previous trading session. The NEPSE index opened at 2,795.22 and reached an intraday high of 2,795.98 before dipping to a low of 2,759.54 during the day’s trading.
Trading Activity Remains Strong
Market activity remained robust, with total turnover reaching Rs. 5.27 Arba. A total of 12,174,516 shares were traded across 351 companies through 75,229 transactions, indicating continued participation from investors despite modest index movement.
Market Capitalization Edges Higher
The total market capitalization stood at Rs. 47.56 Kharba, while the float market capitalization was recorded at Rs. 15.80 Kharba. The slight increase in market value reflects the overall stability in the market despite recent fluctuations.
Outlook: Cautious Optimism Among Investors
Market analysts suggest that the modest gains in both the Hotels and Tourism Index and NEPSE indicate cautious optimism among investors. While the recovery is not significant, it signals a potential stabilization following recent losses. Investors are expected to closely monitor sectoral performance and broader economic indicators in the coming sessions to gauge the sustainability of this upward trend.
