NEPSE hits second circuit breaker after 5% surge
Summary
The Nepal Stock Exchange hit its second circuit breaker after a 5% surge in the NEPSE Index due to election-driven investor optimism, leading to a 40-minute trading halt.
Key Points
- The Nepal Stock Exchange triggered a second circuit breaker with a 5% rise in the NEPSE Index to 2,848.22 points.
- The first circuit breaker was triggered within minutes of market opening at a 4% increase.
- The second circuit breaker halted trading for 40 minutes after surpassing the 5% movement threshold within two hours.
- Trading regulations impose varying halt durations based on percentage changes in the NEPSE Index during trading hours.
