The Nepal Stock Exchange (NEPSE) Index recorded a marginal gain today, edging up by 0.47 points (0.01%) to close at 2,655.85. This slight recovery follows a 9.08-point drop in the previous trading session, reflecting a cautious optimism among investors despite overall market volatility.
Market Movement and Turnover
The benchmark index opened at 2,654.61, reached an intraday high of 2,667.68, and dipped to a low of 2,653.43 before settling slightly higher. The total turnover for the day stood at a robust Rs. 11.44 Arba, driven by the trading of 25,393,762 shares across 308 listed companies through 95,374 transactions. The overall market capitalization reached Rs. 44.24 Kharba, while the float market capitalization stood at Rs. 14.92 Kharba.
Hotels and Tourism Index Slips
In sectoral performance, the Hotels and Tourism Index, which had gained 144.88 points in the previous session, faced a mild correction today. It declined by 4.38 points (0.06%) to close at 6,882.99. The index opened at 6,887.38, reached a day’s high of 6,938.30, and touched a low of 6,829.60 during the trading hours. Despite the minor drop, the sector remains in focus due to recent gains and growing investor interest.
Sectoral Highlights
Among the various indices, the Trading Index was the only one to register an increase, gaining 1.08%, signaling a rise in short-term speculative activity. In contrast, the Hotels and Tourism sector recorded the sharpest decline of 0.06%, though the loss was relatively minor. Other indices witnessed mixed trends, reflecting sector-specific investor sentiment and broader market consolidation.
Today’s movement in NEPSE indicates a market in search of direction, with cautious buying seen across select sectors. The slight uptick in the index despite high turnover suggests that investors are selectively bullish while awaiting clearer market cues.
