Tourism Info Nepal

Hotel and Tourism Index Gains 44 Points Despite NEPSE’s Downward Trend, Indicating Sector Resilience

Hotel and Tourism Index Gains 44 Points Despite NEPSE’s Downward Trend, Indicating Sector Resilience

The NEPSE index closed today’s trading session at 2,617.95 points, experiencing a decline of 9.19 points, or 0.34%, from the previous close. This drop follows a notable decrease of 18.25 points in the prior session, reflecting ongoing volatility in the market. Opening at 2,629.84, the index experienced both gains and losses, reaching a high of 2,632.94 and a low of 2,610.14 during the day.

In contrast, the Hotel and Tourism index showcased resilience, concluding at 6,382.13 points with a gain of 44.03 points (0.69%) from the previous session. This marks a reversal from the significant 55.71-point drop in the last trading session, underscoring renewed investor interest and confidence in the sector. The index began at 6,338.1 points, fluctuated to a high of 6,410.29, and recorded an intraday low of 6,311.94 points.

The contrasting performance between the NEPSE and the Hotel and Tourism indices highlights a steady recovery within the tourism sector, as optimism grows around travel and hospitality demand in Nepal. This sector’s steady growth amid broader market fluctuations demonstrates a positive outlook for tourism-related investments.

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