Nepal Stock Exchange Sees Mixed Movements Across Sectors

The Nepal Stock Exchange (NEPSE) witnessed varied movements across sectors on Tuesday, with significant shifts noted in key industries.

The NEPSE index rose by 5.60 points to settle at 2071.77 points, reflecting overall market sentiment. Investor interest was notably strong in the Hotel and Tourism sector, which saw a robust increase of 58.81 points. This surge underscored growing confidence in Nepal’s hospitality industry amid improving economic conditions.

Conversely, the Finance sector, which had previously shown upward momentum, experienced a sharp decline, dropping by 54.22 points in a single day. This downturn in financial stocks highlighted a volatile trading session for banking and financial services companies.

Total trading volume reached Rs 4.18 billion, with 9,435,454 shares exchanged hands. Among the 319 companies listed, 151 saw gains in their share prices, while 88 recorded losses. Eight companies’ shares remained stable throughout the trading day.