The Nepal Stock Exchange (NEPSE) Index closed at 2,681.56 points, marking a remarkable gain of 113.42 points or 4.41% from the previous trading day’s close. The previous session had also seen a positive movement with a gain of 32 points.
The trading day began with the index opening at 2,606.42 points. It dipped to an intraday low of 2,606.40 points and peaked at an intraday high of 2,708.58 points before settling at its closing value. This fluctuation highlights the market’s attempt to breach the resistance zone at 2,700, although it did not close above this level.
During NEPSE’s overall growth, the Hotel and Tourism Index displayed resilience, witnessing an incline of 31.11 points today, an increase of 0.46%, closing at 6,659.12 points. This follows a gain of 27.84 points in the previous trading session.
The trading day for the Hotel and Tourism Index commenced with the index at 6,689.61 points, reaching an intraday low of 6,517.33 points. The index experienced a high of 6,791.49 points before settling at the closing value of 6,659.12 points.
The positive trend in the Hotel and Tourism Index reflects a growing investor confidence in Nepal’s tourism sector, which continues to rebound and show potential for growth. This sector’s steady performance amid the broader market gains underscores its vital role in the nation’s economic landscape.
