Nepse surges by 8. 78 points on Tuesday
The Nepal Stock Exchange (NEPSE) surged by 8. 78 points to close at 2, 712. 86 points on Tuesday.
Similarly, the sensitive index dropped by 1. 26 points to close at 462. 32 points.
A total of 7,734,012-unit shares of 335 companies were traded for Rs 1. 54 billion.
Meanwhile, Upper Lohore Khola Hydropower Company Limited (ULHC) was the top gainer today with its price surging by 11. 16 percent.
Similarly, Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) was the top loser as its price fell by 9. 31 points.
At the end of the day, the total market capitalization stood at Rs 4. 62 trillion.
Gold price drops by 3, 800 per tola on Tuesday
The price of gold has dropped by Rs 3, 800 per tola in the domestic market on Tuesday.
According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 291, 000 per tola today. It was traded at Rs 294, 800 per tola on Monday.
Similarly, the price of silver has dropped by Rs 150 per tola and is being traded at Rs 4, 840 per tola.
Nepse plunges by 34. 63 points on Monday
The Nepal Stock Exchange (NEPSE) plunged by 34. 63 points to close at 2, 704. 08 points on Monday.
Similarly, the sensitive index dropped by 3. 37 points to close at 461. 05 points.
A total of 10,074,524-unit shares of 341 companies were traded for Rs 1. 53 billion.
Meanwhile, Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) was the top gainer today with its price surging by 15. 00 percent.
Likewise, Corporate Development Bank Limited (CORBL) was the top loser as their price fell by 12. 58 percent.
At the end of the day, the total market capitalization stood at Rs 4. 61 trillion.
Tourists arrivals climb in Chitwan
Tourist destinations in Chitwan have been witnessing an encouraging influx of visitors following the government’s implementation of a two-day weekly holiday.
According to tourism entrepreneurs in Sauraha, the flow of tourists has increased significantly in recent weeks compared to the past.
The rise in arrivals has been particularly noticeable since the government introduced a two-day weekend: Saturday and Sunday effective from April 6.
Sauraha has also become a preferred venue for organizing seminars, weddings, and reception events. Regional Hotel Association Vice- Chair Gunaraj Thapaliya noted a steady growth in tourist arrivals, especially on Fridays, Saturdays, and Sundays.
During weekends, domestic tourists outnumber international visitors, while on other days, foreign tourists account for around 70 percent of the total visitors.
This marks a notable increase from last year, when foreign tourists made up only about 40 percent.
Tourism entrepreneurs believe that improving road conditions connecting Chitwan with Kathmandu and Bhairahawa would further boost tourist arrivals, as the current routes fall short of expectations and standards.
Ramesh Silwal, proprietor of Hotel Vista Sauraha, said that tourist numbers are naturally expected to rise during holidays.
Similarly, Dipendra Khatiwada, Chair of the United Elephant Safari Operation Cooperatives Ltd, shared that visitors often have to wait for their turn for elephant rides during peak holiday periods.
The cooperative operates 25 elephants providing rides to tourists in the mornings and evenings in Sauraha.
Khatiwada, who is also a former Chair of the Restaurant and Bar Association, added that tourist arrivals have increased compared to last year.
Sauraha presently hosts 148 hotels with a total capacity of 7,200 guests.
The area has attracted an investment of over Rs 40 billion, generating direct employment for 6,400 people and indirect employment for more than 12,000.
However, tourist flow tends to decline during the rainy season, which will begin in a month from now.
