Tourism Info Nepal

Hotel and Tourism Sector Sees Slight Decline Amidst Overall Market Gain

Hotel and Tourism Sector Sees Slight Decline Amidst Overall Market Gain

The Nepal Stock Exchange (NEPSE) Index saw a modest increase of 3.79 points today, marking a 0.18% rise and closing at 2,104.22 points. This follows a gain of 47.04 points in the previous trading session.

The trading day started with the NEPSE Index at 2,101.84 points, hitting an intraday high of 2,104.38 points. The index also touched a low of 2,076.95 points before settling at its closing value.

In contrast, the Hotels and Tourism Index experienced a decline, dropping by 10.54 points today, a decrease of 0.19%, closing at 5,328.54 points. This follows a gain of 57.80 points in the previous session.

The trading for the Hotels and Tourism sector began with the index at 5,346.89 points, reaching an intraday high of 5,356.15 points. The index saw a low of 5,292.45 points before closing at 5,328.54 points.

The slight decline in the Hotels and Tourism sector comes amid ongoing efforts to boost tourism in the region. Stakeholders in the sector are actively engaging in discussions and plans to enhance tourism infrastructure and services to attract more visitors, which could positively impact the sector’s performance in the future.

Press + K to search