The Nepal Stock Exchange (NEPSE) Index experienced a significant surge, reaching 2,424.32 with a notable gain of 59.68 points or 2.52% from the previous trading day’s close. This upward momentum follows the previous day’s successful breach of the 2,300 level, highlighting strong positive sentiment among traders and investors.
The trading session began with the index opening at 2,373.53 points. It reached an intraday low of 2,355.59 points and an intraday high of 2,459.94 points before closing at 2,424.32.
The Hotel and Tourism Index also saw a steady increase, gaining 63.61 points or 1.04%, closing at 6,145.51 points. This follows a previous session gain of 320.27 points.
The trading day for the Hotel and Tourism Index started at 6,090.97 points, hitting an intraday low of 6,053.41 points. The index peaked at 6,255.47 points before settling at the closing value of 6,145.51 points.
The consistent growth in the Hotel and Tourism sector indicates a robust recovery and increasing investor confidence in Nepal’s tourism industry. This positive trend is expected to continue, contributing significantly to the overall economic development of the country.
