KATHMANDU, Oct 9: The Nepal Stock Exchange (NEPSE) imposed a positive circuit break in the secondary market within three minutes of trading on Thursday after the market index rose by four percent.
According to the NEPSE, a circuit breaker was imposed and the trading was halted for 20 minutes. As of 11:03 AM, the index surged by 102, while the NEPSE reached 2,662 points.
The market showed a positive response to the Nepal Rastra Bank's announcement of removing the cap of Rs 250 million on share purchases.