The Nepal Stock Exchange (NEPSE) experienced a highly volatile trading day, culminating in significant gains for investors. The NEPSE Index surged by 47.04 points, marking a notable increase of 2.29% to close at 2,100.43 points.
Today’s trading session commenced with a remarkable pre-opening surge of 32.44 points, setting a positive tone for the day. As trading officially began at 11 AM, the NEPSE Index skyrocketed by 82.48 points, translating to a rapid 4.01% increase within moments, reaching a peak of 2,135.87 points. Such rapid growth triggered an automatic 20-minute trading halt to stabilize market conditions.
In parallel, the Hotels and Tourism Index also showed robust performance, climbing by 57.80 points or 1.09% to conclude at 5,339.09 points. This uptick follows a previous session gain of 42.34 points.
The trading day for the Hotels and Tourism Index commenced at 5,368.61 points, fluctuating between an intraday low of 5,319.31 points and a high of 5,530.61 points, before settling at its closing value of 5,339.09 points.
Investors and analysts alike are closely monitoring these developments, particularly amidst the ongoing recovery and growth within the hospitality and tourism sectors, reflecting positive sentiment and potential opportunities in the market.
