The Nepal Stock Exchange (NEPSE) witnessed a decline of 10.41 points (0.39%) today, closing at 2,643.93. This marks a continuation of the bearish trend after a fall of 11.10 points in the previous trading session.
NEPSE started the day at 2,670.23 and experienced fluctuations throughout the session, reaching a peak of 2,681.49 and dipping to a low of 2,644.79 before closing.
The Hotel and Tourism Index, a significant indicator for the hospitality and tourism sector, also declined, dropping by 24.38 points (0.35%) to close at 6,804.87. This follows a more substantial drop of 53.87 points in the prior session.
The index opened at 6,829.26, with intraday movements hitting a high of 6,849.23 and a low of 6,770.70.
The market’s continued downward trajectory highlights persistent volatility, with the Hotel and Tourism sector reflecting similar patterns of fluctuation. These movements underscore the need for cautious trading as market participants navigate ongoing trends.
