NEPSE hits circuit breaker within minutes of opening after election
Summary
The Nepal Stock Exchange triggered a circuit breaker within minutes of opening, halting trading after the NEPSE Index surged 4 percent following the recent election.
Key Points
- The Nepal Stock Exchange (NEPSE) triggered a circuit breaker minutes after opening.
- The NEPSE Index rose by 108 points or 4 percent, hitting 2,821.10 points.
- Trading was automatically suspended for 20 minutes as per market regulations.
- The surge followed strong investor response after the recent House of Representatives election.