The Nepal Stock Exchange (NEPSE) index witnessed a slight upward movement on Thursday, gaining 3.76 points (0.12%) to close at 2,982.64, continuing its positive momentum following a 5.17-point gain in the previous trading session.
Market Performance Overview
The benchmark index opened at 2,982.86, reaching an intraday high of 2,990.45 and dipping as low as 2,963.79 during the trading hours. The total daily turnover surged to Rs. 18.49 Arba, reflecting robust market activity. Throughout the day, a total of 38,962,508 shares were exchanged across 328 listed companies, with 154,642 transactions recorded.
The market capitalization at the end of the session stood at Rs. 49.77 Kharba, while the float market capitalization reached Rs. 16.95 Kharba, indicating a stable valuation of the market amid fluctuating investor sentiments.
Hotel and Tourism Sector Bounces Back
The Hotel and Tourism Index, which had previously suffered a significant loss of 82.49 points, saw a rebound today by gaining 34.36 points (0.46%), closing at 7,440.95. The sector opened the session at 7,426.67, experienced an intraday high of 7,513.88, and touched a low of 7,392.28.
This recovery in the tourism sector reflects renewed investor interest and confidence, possibly driven by positive market cues or anticipation of a seasonal business uptick. As trading activity continues to show resilience, market analysts are closely observing broader economic indicators, global cues, and domestic policy developments that could shape future market trends.
