Govt. Declares Public Holiday for Eid Al-Fitr; NEPSE Resumes on 2nd Baisakh 2081

Wed, Apr 10, 2024 2:34 PM on NEPSE News, Stock Market, Latest,

Today marks the final trading day of 2080 for Nepal's capital market, signifying the conclusion of yet another year. Regular trading activities will recommence in the new year, starting from the 2nd of Baishakh in 2081.

The Government of Nepal has announced a public holiday for Thursday (tomorrow) i.e. on the 29th Chaitra on the occasion of the "Eid Al Fitr". NEPSE will observe closure in observance of Eid Al Fitr, with regular trading set to resume on Sunday (2nd Baishakh, 2081) at 11:00 AM.

Eid al-Fitr, celebrated by Muslims worldwide, signifies the end of the month-long fasting of Ramadan. Falling on the first day of Shawwal in the Islamic calendar, the timing of Eid al-Fitr varies based on the sighting of the new moon. It is marked by a special salat (Islamic prayer) of two rakats, usually performed in an open field or large hall.