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NEPSE: 5 percent rally prompts 40-minute trading suspension


04 March 2024  

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KATHMANDU: Nepal Stock Exchange Limited (NEPSE) experienced a turbulent morning on Monday as its key index faced a second temporary pause after a significant 5% upswing.

This abrupt surge led to a 40-minute halt in operations, highlighting the influence of market dynamics on trading.

The overall turnover during this brief break amounted to Rs 26.37 Crore.

Currently positioned at 2,059.00 levels, NEPSE resumed trading at 12:04 PM, reflecting a positive change of 98.69 points.

This interruption follows an earlier market pause today when the benchmark index soared by 4% within the first 3 minutes of opening.

Trading recommenced at 11:23 AM after a brief break. NEPSE employs a robust system of Index-based Circuit Breakers designed to manage extreme market movements, with trigger thresholds set at 4%, 5%, and 6% in either direction, ensuring a measured response to market volatility.

Publish Date : 04 March 2024 12:43 PM

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