Nepse closed after data centre outage disrupts trading
Summary
Nepal’s stock market will remain closed on Monday after a technical failure at a data centre hosting the servers of 72 trading members disrupted the system. The Nepal Stock Exchange suspended trading to avoid further damage to its system while efforts to resolve the outage continue.
Key Points
- Nepal’s stock market was closed on Monday after a technical failure at a data centre disrupted trading systems.
- The problem began on Sunday morning at Data Hub Pvt Ltd and remained unresolved despite ongoing efforts.
- The Nepal Stock Exchange said continuing trading could damage its own system and suspended the regular session.
- The suspension also followed a request from the Stock Brokers Association of Nepal.
