The Hotels and Tourism Index registered a strong triple-digit gain in Thursday’s trading session, reflecting renewed investor confidence in Nepal’s tourism and hospitality sector.
The sectoral index surged by 116.33 points, or 1.48 percent, to close at 7,938.12. The gain follows a modest rise of 16.34 points recorded in the previous trading session.
Hotels and Tourism Stocks Witness Strong Momentum
The Hotels and Tourism Index opened at 7,795.73 and climbed to an intraday high of 7,949.52 during trading hours. The day’s lowest level stood at 7,776.94 before the market closed higher.
Market analysts attributed the sector’s positive performance to growing optimism surrounding Nepal’s tourism recovery, increasing international arrivals, and the ongoing spring trekking and mountaineering season, which has boosted investor sentiment toward tourism-related companies.
The tourism and hospitality sector has remained one of the closely watched segments in the secondary market, particularly as Nepal continues efforts to revive international tourism activities.
NEPSE Gains More Than 27 Points
Meanwhile, the benchmark Nepal Stock Exchange (NEPSE) index also ended the day on a positive note, gaining 27.49 points, or 1.01 percent, to close at 2,745.65.
The benchmark index had gained 6.94 points in the previous trading session. The market opened at 2,719.65 and touched an intraday high of 2,745.79, while the day’s low remained at 2,717.96.
Daily Turnover Crosses Rs 3.28 Billion
According to NEPSE data, total turnover for the day reached Rs 3.28 billion. A total of 7.47 million shares of 335 listed companies were traded through 53,014 transactions during the session. The total market capitalization of the stock market stood at Rs 46.82 trillion, while the float market capitalization reached Rs 15.62 trillion.
Investor Sentiment Remains Positive
Market observers said the continued rise in the benchmark index and strong performance of tourism-related stocks indicate improving investor confidence across multiple sectors.
They noted that positive momentum in the tourism industry, stable market liquidity, and active participation from retail investors have contributed to the recent upward trend in the secondary market.
