NEPSE's Dramatic Surge: 5% Spike Triggers 40-Minute Trading Halt, Turnover Hits Rs 28.51 Crore
Summary
Nepal Stock Exchange saw a 5% surge in its benchmark index, causing a 40-minute trading halt as turnover reached Rs 28.51 Crore. Trading resumed with NEPSE at 2,848.22 points.
Key Points
- Nepal Stock Exchange's benchmark index surged by 5%, triggering a 40-minute trading halt.
- The total turnover during the suspension reached Rs 28.51 Crore.
- NEPSE resumed trading at 12:01 PM at 2,848.22 points, a positive change of 135.72 points.
- NEPSE uses index-based circuit breakers at 4%, 5%, and 6% to manage market volatility.
