NEPSE shut down trading for 40 minutes

Kathmandu. After the results of the House of Representatives election-2082, the confidence of investors has increased significantly in the share market. The Nepal Stock Exchange (NEPSE) index which opened on Monday rose sharply after the election results raised hopes of political stability.

On Monday, the Nepal Stock Exchange (NEPSE) index rose by 4 percent in a minute from the market opening and trading was halted for 20 minutes due to the first circuit break. After that, the market reopened, the pace of the boom continued, and in a minute it rose another 1 percentage point to 5 percent, before the second circuit brake stopped trading for 40 minutes.

After the first circuit, the NEPSE index increased by 5 percent or 135.72 points to close at 2848.22 points. According to the Nepal Stock Exchange (NEPSE), trading will be closed for Monday if the NEPSE index rises by another 1 percentage point.