Govt Declares Public Holidays for Christmas, Udhauli Parva, and Yomari Punhi: NEPSE Closed, Trading to Resume on Poush 11

Mon, Dec 25, 2023 7:58 AM on Stock Market, Latest,

In a festive announcement, the Government of Nepal has declared Monday, the 9th of Poush, and Tuesday, the 10th of Poush, as public holidays to celebrate 'Christmas Day,' 'Udhauli Parva,' and 'Yomari Punhi.' This decision aims to honor the cultural and religious diversity of the nation.

Christmas Day, observed globally on December 25th, commemorates the birth of Jesus Christ. It is a significant religious and cultural celebration for billions of people worldwide. The holiday is marked by festive decorations, gift-giving, and gatherings of families and friends.

Yomari Punhi, a traditional Newari festival, coincides with the full moon day of Thinlā, the second month in the lunar Nepal Era calendar (November/December). This festival signifies the end of the rice harvest and is celebrated with the preparation and consumption of yomari, a sweet rice flour delicacy.

Udhauli Parva is a festival observed by the Kirat community to express gratitude to nature for providing a bountiful harvest. As part of the festivities, people from the hills migrate to lower regions to escape the harsh winters of the Himalayas.

In light of these celebrations, the Nepal Stock Exchange Limited (NEPSE) will remain closed on Monday and Tuesday. Regular trading activities are scheduled to resume on Wednesday, Poush 11, 2080, starting at 11:00 AM.

As the country takes a brief pause to celebrate these occasions, we extend our warm wishes to everyone for a joyous and harmonious holiday season. May the spirit of unity and celebration bring happiness and prosperity to all Nepali citizens.