The Nepal Stock Exchange (NEPSE) index witnessed a marginal decline today, shedding 5.21 points or 0.19% to close at 2,674.76. This marks a continued bearish trend following an 8.57-point drop in the previous trading session.
The market opened at 2,712.69 and experienced significant volatility throughout the day, reaching an intraday high of 2,745.89 before falling to a low of 2,670.35. By the session’s end, a total turnover of Rs. 7.58 Arba was recorded. Investors traded 17,160,625 shares across 337 companies in 69,651 transactions. NEPSE’s total market capitalization stood at Rs. 44.50 Kharba, while the float market capitalization was recorded at Rs. 15.00 Kharba.
The Hotel and Tourism Index continued its downward trend, falling by 62.08 points (0.91%) to close at 6,740.12. This adds to the previous session’s loss of 121.27 points, highlighting weakness in the tourism sector.
The sectoral index opened at 6,865.88, reached a high of 6,950.44, and dipped to a low of 6,712.07 before closing. While overall investor sentiment remained cautious, the persistent fall in the Hotel and Tourism Index suggests challenges ahead for tourism-related stocks despite the seasonal peak period. Investors are advised to monitor market movements closely, particularly in high-volatility sectors.
