The NEPSE index concluded today’s trading session at 2,627.14 points, marking a significant drop of 18.25 points (0.68%) from the previous day’s close. This decline follows a notable decrease of 20.41 points in the previous session, indicating a downward trend in the market.
Throughout the day, the NEPSE index fluctuated between an intraday low of 2,614.65 and a high of 2,650.18, reflecting volatile market conditions. Investors continue to face uncertainty as the index struggles to regain upward momentum.
The Hotel and Tourism sector, a key segment of the NEPSE index, also experienced a sharp decline. The Hotel and Tourism index ended the day at 6,338.09 points, down by 55.71 points (0.87%) from the previous day’s close. This follows another significant drop of 48.79 points in the last trading session. The index oscillated between an intraday low of 6,320.18 and a high of 6,401.24, highlighting the challenges faced by tourism and hospitality stocks in the current market environment.
The continued pressure on both the overall NEPSE and the Hotel and Tourism sector underscores investor concerns, particularly in industries heavily impacted by broader economic factors.
