NEPSE to Remain Closed Today, Govt Declares Public Holiday on The Occasion of Republic Day

Tue, May 28, 2024 7:05 AM on NEPSE News, Stock Market, Latest,

The Government of Nepal has announced a public holiday for Tuesday (today) i.e. on the 15th of Jestha on the occasion of the 'Republic Day'.

Nepal Stock Exchange Limited (NEPSE) will remain closed to mark Republic Day. Regular trading will resume in NEPSE from Sunday (16th Jestha, 2081) at 11:00 AM.

Yesterday, the Nepal Stock Exchange (NEPSE) Index saw a gain of 0.18%, or 3.93 points, settling at 2,113.27 points.

Republic Day is a national holiday in Nepal. It commemorates the date of the first meeting of the Constituent Assembly of Nepal on 28 May 2008, which ended the 240-year rule of the Shah kings and declared Nepal a republic. The establishment of the republic concluded a nearly decade-long civil war. According to the Nepali calendar, Republic Day is observed on Jestha 15 each year. Celebrations include a military parade in Kathmandu and various small-scale events organized by government agencies across the country.