The Nepal Stock Exchange (NEPSE) Index continued its upward momentum on Monday, posting a strong gain of 57.55 points, or 2.12 percent, to close at 2,772.17. The market extended its rally from the previous session, when the benchmark index had advanced by 9.23 points, reflecting growing investor confidence and active participation across sectors.
Market Opens Strong, Closes Near Day’s High
The benchmark NEPSE index opened the day at 2,716.28 and showed steady upward movement throughout the trading session. It reached an intraday high of 2,772.22, while the day’s lowest point was recorded at 2,715.78. The index ultimately closed near its highest level of the day, indicating sustained buying pressure until the end of trading.
Turnover and Trading Activity Remain Robust
Trading activity remained strong, with total turnover reaching Rs. 13.78 Arba. A total of 30,915,183 shares were traded across 331 listed companies through 133,529 transactions, highlighting broad-based market participation. Market capitalization stood at Rs. 46.54 Kharba, while the float market capitalization was recorded at Rs. 15.86 Kharba by the end of the session.
Market analysts noted that the increased turnover and transaction volume signal renewed interest from both retail and institutional investors, supported by positive sentiment in key sectors.
Sectoral Performance: Tourism Takes the Lead
Sector-wise, all indices closed in positive territory, with the Hotels and Tourism Index emerging as the top performer of the day. The sector posted a gain of 3.35 percent, reflecting strong buying interest in tourism-related stocks amid expectations of improved business activity and a rebound in travel demand.
On the other hand, the Mutual Fund Index recorded the lowest gain among all sectors, rising by 0.97 percent. Despite the relatively modest increase, the index still maintained its upward trend in line with the broader market movement.
Hotels and Tourism Index Posts Significant Rise
The Hotels and Tourism Index registered a notable rise, gaining 247.25 points to close at 7,627.36. This followed a gain of 91.85 points in the previous trading session, indicating continued momentum in the sector.
The index opened at 7,382.98 and moved steadily upward during the session. It touched an intraday high of 7,665.43, while the lowest level of the day was recorded at 7,382.97. The strong performance reflects increased investor optimism regarding Nepal’s tourism outlook, supported by rising international arrivals and improved hotel occupancy expectations.
Investor Sentiment Remains Positive
Market observers attributed the day’s gains to positive sentiment driven by expectations of stable macroeconomic conditions, improving corporate earnings outlooks, and increased liquidity in the market. The strong performance of the Hotels and Tourism sector further boosted overall market confidence, as tourism remains a key pillar of Nepal’s economy.
Analysts also noted that consistent gains over consecutive sessions suggest a short-term bullish trend, although they cautioned investors to remain attentive to market fundamentals and potential profit-booking in the coming days.
With the NEPSE index closing firmly in positive territory and sectoral indices showing broad-based gains, the market appears to be on a strengthening path. If current momentum continues, experts believe the index may test higher resistance levels in the near term, supported by active trading and sectoral leadership from tourism and related industries. Investors are advised to monitor market developments closely while maintaining a balanced approach amid ongoing fluctuations in the secondary market.
