The Nepal Stock Exchange (NEPSE) registered a modest gain in today’s trading session, rising by 1.83 points (0.59%) to close at 2,595.96. This follows a 15.54-point decline in the previous session, reflecting a mixed sentiment among investors.
The session began with NEPSE opening at 2,596.83 and witnessing notable fluctuations throughout the day. The market reached an intraday high of 2,611.38 before hitting a low of 2,589.99, showcasing an overall cautious approach by traders.
The Hotel and Tourism Index emerged as a strong performer, gaining 107.25 points (1.63%) to close at 6,661.26. This marked a robust recovery following a significant loss of 90.46 points in the prior session. The index opened at 6,554.02 and displayed considerable volatility, recording an intraday high of 6,750.57 and a low of 6,554.01.
The recovery in the Hotel and Tourism sector hints at renewed optimism in the industry, possibly fueled by increasing domestic and international travel trends. Market analysts suggest that this sector could see further momentum in the coming sessions, supported by seasonal tourism activities.
Investors remain watchful of the market’s trajectory, with both NEPSE and the Hotel and Tourism Index reflecting broader economic sentiments.
