Nepse Implements New Rules: Market Will Close for the Day if NEPSE Index Fluctuate by 8%
Kathmandu. Nepal Stock Exchange Limited (Nepse) is set to implement the “Securities Trading (Fourth Amendment) Regulation, 2082” by making the fourth amendment to the securities trading regulations.
The board meeting of Nepse held on Baisakh 3, 2083 has decided to implement the regulation from Baisakh 7, 2083 (April 20, 2026), which means it will be effective from tomorrow.
Main Amendments:
1. Order Management before/after Trading Hours:
Now, brokers will be required to prioritize orders received before or after trading hours based on time priority. Such orders must be entered into the system as soon as trading begins. However, when entering orders, they must ensure that the price does not exceed or fall below 15 percent of the last trading day’s closing price.
2. Price Range Changes
-
Initial (Opening) Session: Orders can only be placed within ±5% of the previous day's final price.
-
Orders that were not traded in this session will be carried over to the Continuous (Regular) Session.
-
Continuous Trading Session: Orders can only be placed within ±3% of the price established in the initial session.
3. Circuit Breaker System in Nepse Index
-
If there is a change of ±5% within 2 hours of continuous trading: trading will be suspended for 5 minutes.
-
If there is a change of ±8% at any time thereafter: trading for that day will be completely closed.
| Condition | Change Limit | Effect |
|---|---|---|
| Within 2 hours of continuous trading | ±5% | Trading suspended for 5 minutes |
| At any time thereafter | ±8% | Trading for that day completely closed |