After facing a significant decline in the previous session, the Nepal Stock Exchange (NEPSE) rebounded strongly today, gaining 39.13 points (1.51%) to close at 2,621.86. This recovery comes after a sharp 58.05-point loss in the previous trading day.
The market opened at 2,580.19 and exhibited volatility, reaching an intraday high of 2,625.60 and a low of 2,579.45. The total trading turnover stood at Rs. 4.2 Arba, with 9,142,941 shares exchanged across 317 companies through 48,785 transactions.
Following a steep decline of 175.84 points in the last session, the Hotel and Tourism Index saw a remarkable surge of 112.03 points (1.78%), closing at 6,391.39. The sector showed resilience as the index fluctuated between an intraday high of 6,401.27 and a low of 6,272.91.
The strong recovery in both NEPSE and the Hotel and Tourism Index signals renewed investor confidence, particularly in the tourism sector, which is a key driver of Nepal’s economy.
