Trading Halted For 40 Minutes, NEPSE Index Gains 5% and Hits Positive Circuit Breaker

Today's trading session has been suspended for 40 minutes.

The NEPSE index gained 5%, i.e. 114.25 points in the first two hours of today's trading session, hitting the circuit breaker. All trading has been halted for 40 minutes. Thus, the NEPSE index has halted at 2,395.93.

Trading will resume at 1: 18 pm. 

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

At least 14 companies have also gained 10% and hit individual circuit breakers. All sectors have gained heavily today, with the Finance sector gaining the most 7.31%.