The Nepal Stock Exchange (NEPSE) experienced a marginal decline of 3.44 points, or 0.12%, on Monday, closing at 2,666.61 points. This marks the second consecutive trading session in the red, following a significant loss of 33.33 points in the previous session.
The market opened the day at 2,671.62 and fluctuated within a narrow range, hitting an intraday high of 2,674.88 and a low of 2,631.68. A total of 10,643,469 shares were traded during the session across 321 listed companies, with 53,492 transactions recorded. The total turnover for the day stood at approximately Rs. 5.3 Arba.
The Hotel and Tourism sub-index, which reflects the performance of tourism-related companies, also continued its downward trajectory. It shed 30.60 points, or 0.48%, closing at 6,310.09 points. This drop comes after a steep decline of 86.80 points in the previous trading session. The sub-index began trading at 6,340.70, mirroring the market’s volatility with an intraday high of 6,340.70 and a low of 6,270.12.
The continued decline in the Hotel and Tourism Index signals persisting investor caution in the tourism sector, possibly influenced by slow seasonal demand or broader economic concerns.
Market analysts suggest that the current volatility may continue unless strong corporate earnings or macroeconomic developments improve investor sentiment.
