NEPSE to Remain Closed for Two Days as Government Declares Public Holiday for Gyalpo Lhosar And Prajatantra Diwas
Summary
The Nepal Stock Exchange will close for two days due to public holidays declared for Gyalpo Lhosar and Prajatantra Diwas, with trading resuming Sunday morning.
Key Points
- The Government of Nepal declared public holidays on 6th and 7th Falgun for Gyalpo Lhosar and Prajatantra Diwas.
- Nepal Stock Exchange Limited (NEPSE) will remain closed on these days.
- Gyalpo Lhosar is a New Year festival celebrated by the Sherpa community, linked to the Tibetan New Year and observed over a 12-year cycle with animal symbols.
- Prajatantra Diwas commemorates Nepal's establishment of democracy and the end of the Rana regime in 1951.
