Tourism Info Nepal

NEPSE Declines by 24.97 Points Amid Market Volatility

NEPSE Declines by 24.97 Points Amid Market Volatility

The Nepal Stock Exchange (NEPSE) experienced a downturn today, shedding 24.97 points (0.89%) to close at 2,750.87. This drop follows a modest gain of 17.80 points in the previous trading session, highlighting ongoing market fluctuations.

The trading session started at 2,795.58 and displayed notable volatility, with the index hitting an intraday low of 2,747.65 and a high of 2,795.78.

The Hotel and Tourism sub-index also faced a decline, losing 29.01 points (0.40%) to close at 7,111.63. This follows a substantial loss of 124.67 points in the previous session, indicating continued pressure on the sector.

The index began trading at 7,140.65 and witnessed a volatile session, recording an intraday low of 7,074.36 and a high of 7,201.34.

The drop in NEPSE and the Hotel and Tourism index reflects cautious market sentiment amid fluctuating investor confidence. Market participants will closely monitor upcoming economic indicators and global trends for further direction.

Investors are advised to remain vigilant and consider market dynamics while making investment decisions.

Press + K to search