KATHMANDU, Oct 6: Trading at the Nepal Stock Exchange (NEPSE) remained shut on Monday despite the government cancelling a public holiday which had been announced citing the catastrophe with torrential rains.
Earlier, the government had declared two-day public holidays starting from Sunday after the incessant rains inflicted heavy damages on roads in many parts of the country. Floods and landslides triggered by torrential monsoon rains since Friday killed at least 49 people, injured 20, and displaced thousands in eastern and central Nepal.
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Following the government announcement, NEPSE had decided not to carry out stocks trading at the country’s only secondary market. According to NEPSE, the market will reopen for trading only on Tuesday.
NEPSE index inclined 11.51 points to reach 2,663.51 points when it closed last Thursday.
