Economy and Business

NEPSE sees mixed performance: Hotel and Tourism soars, Finance sector declines


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KATHMANDU: On Tuesday, the Nepal Stock Exchange (NEPSE) witnessed a modest increase of 5 points, driven primarily by heightened investor interest in the Hotel and Tourism sector. This particular sector saw a significant surge of 58.81 points, reflecting strong market activity and positive sentiment among investors.


Conversely, the Finance sector, which had been performing well recently, experienced a notable downturn, declining by 54.22 points in a single day. This decline marked a stark contrast to the gains seen in the Hotel and Tourism sector.


Overall, trading volume on Tuesday amounted to Rs 4.18 billion, with NEPSE closing at 2071.77 points after a 5.60-point increase. A total of 9,435,454 shares were traded across 319 companies listed on the exchange. Among these companies, 151 recorded an increase in share price, 88 saw a decrease, and 8 companies' share prices remained unchanged, reflecting varied market movements throughout the trading day.