NEPSE fall by 4.01% with Rs 8.42 crore turnover in 20 minutes, market to resume at 12 noon now

Mon, Jun 29, 2020 11:20 AM on Latest, NEPSE News, Stock Market,
NEPSE fall...

The benchmark index at Nepal Stock Exchange Limited (NEPSE) has decreased by 4.01% percent to 1,153.41 points today in the first trading hour. Nepal Stock Exchange has now suspended its operation due to the continuous downfall. The market will now resume after a 20 minutes halt i.e. at 12 noon onwards. Till now 8.42 crore turnover has happened in NEPSE. 

Index-based Circuit Breakers or market halt system applies at 3 stages of the NEPSE index movement on either way by 4%, 5%, and 6%. These circuit breakers when triggered bring about a trading halt in all equities.

• In the case of 4%, movement, either way, there would be a market halt for 20 minutes if the movement takes place during the first hour of trading i.e. 12:00 hours. In case this movement takes after 12:00 hours there will be no trading halt at this level and the market shall continue trading.

• In the case of a 5% movement, either way, there would be a market halt for 40 minutes if the movement takes place before 13:00 hours. In case this movement takes after 13:00 hours there will be no trading halt at this level and the market shall continue trading.

• In the case of a 6% movement, either way, trading shall be halted for the remainder of the day.

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