The Nepal Stock Exchange (NEPSE) Index recorded a modest gain today, rebounding by 1.53 points, or 0.05%, to close at 2,695.73. This movement follows a sharp loss of 19.85 points in the previous session, signaling cautious optimism among investors amid fluctuating market conditions.
The benchmark index opened the trading session at 2,680.43 and witnessed intraday volatility, reaching a high of 2,706.98 before dipping to a low of 2,679.86. Despite the modest overall gain, market observers noted an active trading session with 17,507,776 shares changing hands across 330 listed companies, completing a total of 91,061 transactions. The total turnover for the day stood at NPR 8.22 Arba, reflecting steady investor participation in select sectors.
Market Capitalization and Sector Performance of Different Index
Market capitalization marginally increased to NPR 45.26 Kharba, while the float market capitalization reached NPR 15.40 Kharba, indicating a stable equity base with potential room for liquidity improvement.
Sector-wise performance showed mixed trends. The Hotels and Tourism Index emerged as the top performer, gaining 1.77% or 131.22 points, and closing at 7,521.28. This is a notable rebound following a 132.30 point decline in the previous session, reflecting renewed investor confidence in the hospitality and tourism sector, particularly with increasing tourist arrivals and seasonal promotions across Nepal.
On the other hand, the Finance Index faced the highest loss among major sectors, declining by 0.89%. Analysts attributed the decline to profit booking by investors and cautious trading in the banking and insurance stocks following recent policy announcements.
The Trading Index, meanwhile, showed minor movements, reflecting a steady demand in high-liquidity stocks, while the Hydropower and Manufacturing sectors remained largely stable, displaying limited intraday fluctuations.
