Technical Glitches Result in NEPSE Index’s Sharp Fall of Over 885 Points in Single Day
Summary
Nepal Stock Exchange's index reportedly fell sharply due to technical glitches, but was later confirmed to have actually risen on Sunday.
Key Points
- Nepal Stock Exchange (NEPSE) index was initially reported to fall sharply by 885.32 points in one trading day.
- The reported drop represented a 33.34% fall to 1769.60 points.
- NEPSE clarified that the sharp fall was due to technical glitches.
- The market actually surged by 19.27 points (0.72%) to close at 2674.20 points on Sunday.