The Nepal Stock Exchange (NEPSE) witnessed a significant rise in Monday’s trading session, gaining 27.14 points or 1.01%, to close at 2,689.22. This positive momentum comes after a decline of 8.62 points in the previous session, indicating renewed investor confidence.
The index opened at 2,678.52 and fluctuated throughout the day, hitting an intraday high of 2,704.58 and a low of 2,669.22. The total turnover stood at a robust Rs. 8.54 Arba, with 21,841,047 shares traded across 320 listed companies in 69,364 transactions.
One of the session’s standout performers was the Hotels and Tourism Index, which surged by 128.44 points or 1.99%, closing at 6,575.61. The index had opened at 6,447.17, touched a high of 6,581.94, and dipped to a low of 6,447.16 during the day. This gain follows a previous loss of 8.62 points, reflecting a strong rebound in the sector.
The overall uptick in the NEPSE index, coupled with the notable rise in the tourism-related sub-index, highlights growing investor optimism particularly in sectors tied closely to Nepal’s economic recovery and tourism growth.