The Nepal Stock Exchange (NEPSE) demonstrated sustained growth today, gaining 4.63 points (0.17%) to close at 2,586.23. This modest rise builds on the positive momentum of the previous session, which saw a 5.10-point increase.
The trading day began at 2,583.94, with the market experiencing notable fluctuations. NEPSE reached an intraday high of 2,586.23 and dipped to a low of 2,566.27 before settling at the day’s closing figure.
The Hotel and Tourism Index showed a robust performance, increasing by 42.09 points (0.66%) to close at 6,401.48. This rise follows a significant gain of 59.98 points in the last trading session, reflecting strong investor confidence in the sector.
The sector started the day at 6,359.4 and witnessed significant volatility, achieving an intraday high of 6,424.52 and touching a low of 6,302.83.
The consistent growth in the NEPSE and Hotel and Tourism indices highlights optimism among investors, especially in sectors tied to Nepal’s recovering tourism economy. Analysts expect this trend to continue as market confidence strengthens and tourism activities pick up in the coming months.
This continued upward trajectory signals growing opportunities in Nepal’s financial market, particularly in the hospitality and tourism sectors, which play a pivotal role in the nation’s economic landscape.
