The stock market dropped 160.33 points to close at 2511.91, triggering three circuit breaks and a full-day trading halt.
The Nepal Stock Exchange (NEPSE) witnessed a sharp decline today as the benchmark index fell by 6 percent, or 160.33 points, closing at 2511.91. Following continuous downward pressure, trading was halted three times under the circuit breaker mechanism before being completely suspended for the rest of the day.
Trading began with heavy selling pressure, and within the first two minutes, the index dropped by 4 percent, triggering the first circuit breaker and halting the market for 20 minutes. When trading resumed at 11:22 AM, the index slipped by an additional 1 percent within one minute, causing the second circuit breaker and a 40-minute halt.
The market reopened at 12:03 PM but declined by another 1 percent within three minutes, activating the third circuit breaker. After this, trading was fully suspended for the day.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
