The Hotels and Tourism Index witnessed a significant downturn today, falling by 162.00 points (2.02%) to close at 7,831.11. This decline comes just a day after the index had gained 54.99 points, reflecting continued volatility in the sector. The benchmark index opened at 8,000.66, reached an intraday high of 8,023.82, and slipped to a low of 7,796.49 during the trading session.
Benchmark Index Falls by 39.44 Points
The Nepal Stock Exchange (NEPSE) also ended the day in negative territory, declining by 39.44 points (1.41%) to settle at 2,744.40. This follows a previous session gain of 38.19 points, indicating fluctuating market sentiment. The index opened at 2,788.9, touched an intraday high of 2,802.84, and dropped to a low of 2,741.17.
Rs. 4.66 Arba in Total Transactions
Total market turnover for the day stood at Rs. 4.66 Arba, with 10,678,550 shares traded across 338 listed companies through 62,512 transactions. The overall market capitalization was recorded at Rs. 46.80 Kharba, while the float market capitalization stood at Rs. 15.63 Kharba.
The latest performance of both NEPSE and the Hotels and Tourism sector reflects ongoing volatility in the market, with alternating gains and losses over consecutive trading sessions. Investors remain cautious amid short-term fluctuations and sector-specific pressure, particularly in tourism-related stocks.
