NEPSE fall by 4.01% with Rs 8.42 crore turnover in 20 minutes, market to resume at 12 noon now

The benchmark index at Nepal Stock Exchange Limited (NEPSE) has decreased by 4.01% percent to 1,153.41 points today in the first trading hour. Nepal Stock Exchange has now suspended its operation due to the continuous downfall. The market will now resume after a 20 minutes halt i.e. at 12 noon onwards. Till now 8.42 crore turnover has happened in NEPSE. 

Index-based Circuit Breakers or market halt system applies at 3 stages of the NEPSE index movement on either way by 4%, 5%, and 6%. These circuit breakers when triggered bring about a trading halt in all equities.

• In the case of 4%, movement, either way, there would be a market halt for 20 minutes if the movement takes place during the first hour of trading i.e. 12:00 hours. In case this movement takes after 12:00 hours there will be no trading halt at this level and the market shall continue trading.

• In the case of a 5% movement, either way, there would be a market halt for 40 minutes if the movement takes place before 13:00 hours. In case this movement takes after 13:00 hours there will be no trading halt at this level and the market shall continue trading.

• In the case of a 6% movement, either way, trading shall be halted for the remainder of the day.

Also read,

After the halt of 98 days, Secondary market trading finally to resume from 11 AM tomorrow

SEBON to allow stock market operation from today; provides guidelines for NEPSE for market operation; screening rooms at broker offices will remain close