The Nepal Stock Exchange (NEPSE) maintained its upward trajectory, closing at 2,653.38, up by 6.53 points (0.24%) on the trading day. This marks a continued positive movement following a single-digit gain of 6.16 points in the previous session.
NEPSE opened the day at 2,670.51, experiencing notable fluctuations. The benchmark index recorded an intraday high of 2,672.14 and dipped to a low of 2,642.59 before settling at the day’s close.
The Hotel and Tourism Index, however, saw a slight decline of 4.33 points (0.06%), closing at 6,630.06. This came after a minor drop of 2.66 points in the prior session.
Starting at 6,658.5, the index exhibited volatility, reaching a high of 6,664.34 and a low of 6,590.71 during the session.
The overall market displayed mixed sentiments, with NEPSE showing resilience amid fluctuations, while the Hotel and Tourism sector saw marginal losses. The intraday volatility reflects ongoing investor caution as markets adjust to prevailing economic and sectoral factors.
Investors are advised to closely monitor sectoral indices and market trends to make informed decisions in the current dynamic trading environment.