The Nepal Stock Exchange (NEPSE) closed at 2,669.82 today, marking a loss of 6.32 points (0.23%) compared to the previous trading session. This decline comes on the heels of a 12.84-point drop in the last session, reflecting ongoing market volatility.
The trading day began at 2,676.1 and exhibited significant fluctuations. The index reached an intraday high of 2,694.85, while the lowest point of the day was 2,709.58, highlighting the uncertainty in the overall market sentiment.
Amidst this general downtrend, the Hotel and Tourism Index emerged as a bright spot, registering a gain of 19.26 points (0.28%), closing at 6,690.14. This recovery follows a loss of 55.96 points in the previous trading session.
The sector started the day at 6,670.88 and demonstrated a more stable performance, hitting an intraday high of 6,763.51 and a low of 6,634.32. The modest gain suggests renewed investor confidence in Nepal’s hotel and tourism industries, likely driven by optimism surrounding the country’s growing tourism prospects.
While the NEPSE index continues to experience fluctuations, the performance of the Hotel and Tourism sector offers a glimpse of positivity in an otherwise cautious market environment.
