NEPSE cancels all Upper Tamakoshi's shares traded above the range; Apologizes for the technical error

Mon, Jan 14, 2019 12:27 PM on Latest, Stock Market,

Nepal Stock Exchange has canceled all the transactions in the shares of Upper Tamakoshi Hydropower Company Limited (UPPER) exceeding the transaction range.

The hydropower company's shares registered 50% rise in the price in today's trading period.

A company's shares can only increase upto 10% in a single trading day.

NEPSE has apologized for the technical error which caused such a ruckus in the stock market.

More than 250 transactions had already been made at Rs 336.