I sold some shares yesterday. Since it is holiday tomorrow and the day after tomorrow, is it okay to do EDIS only on Sunday or should be done by tomorrow itself ?
View on r/NepalStock by nakhar-maulo
Tag: Holidays
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Nepal Declares Public Holidays for Christmas, Udhauli Parva, and Yomari Punhi, Embracing Cultural Diversity
The Government of Nepal has joyously declared Monday, the 9th of Poush, and Tuesday, the 10th of Poush, as public holidays to celebrate ‘Christmas Day,’ ‘Udhauli Parva,’ and ‘Yomari Punhi,’ showcasing its commitment to embracing the cultural and religious diversity of the nation.
Globally observed on December 25th, Christmas Day commemorates the birth of Jesus Christ and holds immense religious and cultural significance for billions of people. This holiday is characterized by festive decorations, the exchange of gifts, and gatherings of families and friends.
Yomari Punhi, a traditional Newari festival, aligns with the full moon day of Thinlā, the second month in the lunar Nepal Era calendar (November/December). The festival symbolizes the conclusion of the rice harvest and involves the preparation and consumption of yomari, a sweet rice flour delicacy.
Udhauli Parva is a festival observed by the Kirat community, expressing gratitude to nature for a fruitful harvest. As part of the festivities, individuals from the hills migrate to lower regions to escape the harsh Himalayan winters.
In observance of these celebrations, the Nepal Stock Exchange Limited (NEPSE) will be closed on Monday and Tuesday. Regular trading activities are set to resume on Wednesday, Poush 11, 2080, beginning at 11:00 AM.
During this brief pause for celebration, we extend warm wishes to all, hoping for a joyous and harmonious holiday season. May the spirit of unity and celebration bring happiness and prosperity to all citizens of Nepal.
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List of Bank Holidays in Nepal 2080
The central bank of Nepal, Nepal Rastra Bank, has recently unveiled the annual bank holiday schedule for the period of 2080 BS, which spans from April 14, 2023 to April 12, 2024. This comes in response to the government’s decision to permit essential service-providing institutions, such as banks, to operate on specific public holidays as declared by the government. The notice from NRB outlines the bank holidays during which Nepalese banks will remain closed, while also indicating that partial banking services, including cash transactions, will be available on certain dates marked with an asterisk (*). This information is aimed at providing clarity to the public and businesses regarding the operational status of banks during the designated holidays.
No. List of Holidays Date 1 New Year April 14, 2023 2 Labour Day May 1, 2023 3 Buddha Jayanti/Ubhauli/Chandi Purnima* May 5, 2023 4 Republic Day* May 29, 2023 5 Gaura Parva (Only for the region or culture celebrating the festival) August 24, 2023 6 Raksha Bandhan/Gai Jatra* August 31, 2023 7 Krishna Janmashtami* September 6, 2023 8 Tij (Only for women) September 18, 2023 9 Constitution Day September 20, 2023 10 Indra Jatra* (Only in the Kathmandu valley) September 28, 2023 11 Jitiya Parva (Only for women celebrating the festival) October 7, 2023 12 Ghatasthapana* October 15, 2023 13 Dashain (Phulpati-Dwadashi) October 21-26, 2023 14 Phalgunanda Jayanti (Only for the followers of Kirat religion) November 11, 2023 15 Tihar November 12-16, 2023 16 Chhath November 19, 2023 17 Guru Nanak Jayanti (Only for the Sikhs) November 27, 2023 18 International Disability Day (Only for the staff with disabilities) December 3, 2023 19 Christmas* December 25, 2023 20 Udhauli/Yomari Punhi/Jyapu Diwas* December 26, 2023 21 Tamu Lhosar* December 31, 2023 22 Prithvi Jayanti/National Unity Day* January 12, 2024 23 Maghi/Maghe Sankranti* January 15, 2024 24 Sonam Lhosar* February 10, 2024 25 People’s War Day* February 13, 2024 26 Democracy Day* February 19, 2024 27 Mahashivaratri/Women’s Day* March 8, 2024 28 Gyalpo Lhosar* March 11, 2024 29 Phagu Purnima March 24, 2024 (Hilly and mountainous districts)
March 25, 2024 (Plain districts)30 Ghodejatra* (Only in the Kathmandu valley) April 8, 2024 31 Machhindranath Bhoto Jatra* (Only in the Kathmandu valley) Date to be announced by the government 32 Eid al-Fitr* Date to be announced by the government 33 Bakra Eid/Eid al-Adha* Date to be announced by the government 34 Siruwa Pawani (Only in Jhapa, Morang, Sunsari, Siraha and Saptari) Date to be announced by the government 35 Mohammad Jayanti (Only for the Muslims) Date to be announced by the government -
This week, NEPSE closed above 2000 with a 1.71% gain.
Because Monday and Wednesday were public holidays, NEPSE only traded for three days this week. This week, the index closed at 2,002.70, up 33.68 points (1.71%). Last week, the index closed at 1,969.02, down 2.65% from the previous week.
This week, the index reached a high of 2,002.70 and a low of 1.935.49, resulting in a 67.20 point volatility. In the previous week, the index experienced 73.93 points of volatility.
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NEPSE dropped by 47.77 points (2.31%), and this week’s turnover was Rs 8.25 araba
Due to the public holidays on Sunday and Tuesday, NEPSE only traded for three days this week. This week, the index dropped by 47.77 points (2.31%), closing at 2,022.64 as a result. Last week, the index lost 5.14% from the week before, closing at 2,070.41.
This week, the index fluctuated by 68.79 points, hitting a high of 2,083.83 and a low of 2,015.04. The index had experienced 113.79 points of volatility the week before.