Nepal’s stock/ index market witnessed a strong upward movement on the latest trading day, led by a notable surge in the Hotels and Tourism Index. The sectoral index jumped by 251.64 points, marking a significant gain of 3.16 percent to close at 8,204.89.
This sharp rise follows a previous session gain of 80.35 points, indicating sustained investor confidence in tourism and hospitality-related stocks. Market analysts attribute the rally to growing optimism around Nepal’s tourism recovery and increased activity in the hospitality sector.
Intraday Performance Shows Strong Buying Pressure
The Hotels and Tourism Index opened the session at 7,969.66 and maintained an upward trajectory throughout the day. It reached an intraday high of 8,273.13, while the day’s low remained at the opening level of 7,969.66, reflecting strong buying interest and minimal downward pressure during trading hours.
The consistent climb suggests increased accumulation of hospitality stocks by investors anticipating long-term growth in the sector.
NEPSE Index Also Posts Solid Gains
The broader benchmark index of Nepal Stock Exchange (NEPSE) also recorded a notable increase. The index rose by 33.27 points, or 1.17 percent, to close at 2,866.87. This gain comes after a slight loss of 4.18 points in the previous trading session, signaling a rebound in overall market sentiment.
The NEPSE index opened at 2,834.50 and climbed steadily to reach an intraday high of 2,879.21. The day’s low was recorded at 2,834.31, indicating a relatively stable trading range with an upward bias.
Trading Volume and Market Activity Remain Robust
Market activity remained strong, with total daily turnover reaching Rs. 10.53 Arba. A total of 26.43 million shares were traded across 344 listed companies through 123,359 transactions.
The high volume of transactions reflects active participation from both institutional and retail investors, contributing to the day’s positive momentum.
Market Capitalization Nears Rs. 49 Kharba
Following the day’s gains, the total market capitalization of NEPSE climbed to Rs. 48.89 Kharba. The float market capitalization stood at Rs. 16.30 Kharba, highlighting the substantial value of publicly tradable shares in the market.
Positive Outlook for Tourism-Linked Stocks
The strong performance of the Hotels and Tourism Index underscores renewed investor interest in tourism-linked companies. With Nepal’s tourism sector gradually expanding and new hospitality investments emerging, the sector is increasingly seen as a growth driver within the stock market.
Market experts suggest that if current trends continue, hospitality stocks could remain a key contributor to NEPSE’s performance in the coming sessions, particularly as the country heads into peak tourist seasons and infrastructure developments continue to unfold.
