Stock Market Reopens After Dashain Holiday: What to Expect?
Kathmandu – The stock market is set to reopen today after the Dashain holiday break. While the Dashain festivities concluded on Sunday, the government extended the holiday by two days due to floods and landslides, pushing back the reopening of share trading.
There is widespread interest in how the stock market will perform after being closed for eight days. On the last trading day before Dashain, the market closed with an upward trend. Specifically, on October 12th, the market closed 11 points higher before the Dashain holiday closure.
Historically, the share market tends to be sluggish between Dashain and Tihar. This is because investors are often in a festive mood, resulting in lower trading volumes compared to other times of the year. Therefore, analysts are carefully watching the market trends and providing investment advice as the stock exchange resumes operations. Keep an eye on your investment portfolio and consider consulting a financial advisor to navigate the market conditions during this period. Good luck with your stock investments!
