NEPSE Halted After 5% Increase, Reopens at 12.01 PM

Tue, Jul 02, 2024 11:43 AM
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Nepse increased by 5% within 21 minutes and 39 seconds by 11:00 AM. The trading will be halted for 40 minutes.  The market will reopen after 40 minutes at 12:01 PM.

 

How NEPSE Circuit Breaker Works: Trading Halts for Significant Market Movements

1. If there is a 4% movement in either direction during the first hour of trading (before 12:00 PM), a 20-minute trading halt is triggered. However, if this movement happens after 12:00 PM, there will be no trading halt, and the market will continue operations.

2. A 5% movement in either direction triggers a 40-minute trading halt if it occurs before 1:00 PM. If this movement happens after 1:00 PM, there will be no trading halt at this level, and the market will continue trading.

3. A 6% movement in either direction results in a complete trading halt for the remainder of the day.

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