The share market and financial institutions in Nepal will remain closed for four consecutive days starting from tomorrow, Jestha 14, due to a series of public holidays. Nepal Stock Exchange (NEPSE) and all banks will not open during this holiday period.
Reason for the long holidays
Government have already decided to give a public holiday on Thursday, Jestha 14, for the festival of Bakra Eid. The very next day on Friday, Jestha 15, there is another public holiday on the occasion of Republic Day. After that, Jestha 16 is Saturday and Jestha 17 is Sunday, which are the regular weekly holidays. Because of these consecutive holidays, the market will closed for four days straight.
All services to remain shut
During these four days, all government offices, public organizations, banks, financial institutions, and the NEPSE share market will remain completely closed across the country. Regular transactions and official works will start again only after the holidays are finished.