The Nepal Stock Exchange (NEPSE) continued its upward trend in today’s trading session, registering a single-digit gain of 5.08 points (0.19%), closing at 2,613.08. This follows a marginal increase of 6.78 points in the previous trading day.
NEPSE began the session at 2,608.27, showing fluctuations throughout the day. The benchmark index reached an intraday high of 2,618.99, while the lowest point recorded was 2,597.61, reflecting the market’s ongoing volatility.
The Hotel and Tourism Index, a key sectoral benchmark, outperformed the overall market with a notable gain of 52.08 points (0.78%), closing at 6,700.66. This marks an improvement from its previous gain of 7.99 points.
The index began the session at 6,648.58 and experienced significant fluctuations, with an intraday high of 6,737.90 and a low of 6,623.67, indicating increased investor interest in the sector.
The steady performance of NEPSE and the robust growth in the Hotel and Tourism Index suggest renewed investor confidence, particularly in sectors tied to tourism. Analysts remain optimistic about sustained growth in these areas, given the favorable market momentum and the improving economic climate.
This trend underscores the importance of the tourism sector in driving market performance, highlighting its pivotal role in Nepal’s economic recovery and growth.