NEPSE Surges After Election, Second Circuit Break Halts Trading for 40 Minutes

On the first trading day after the election, the Nepal Stock Exchange (NEPSE) witnessed strong momentum, triggering the second circuit breaker and halting trading for 40 minutes. The market initially hit the first circuit breaker within just one minute of opening as the NEPSE index surged by 4 percent, leading to a 20-minute suspension in trading. When the market reopened at 11:21 AM, the index continued its rapid rise and climbed 5 percent by 11:21:15 AM, prompting the second circuit breaker and suspending trading again for 40 minutes. By that time, the NEPSE index had increased by 135.72 points to reach 2,848.22 points. During this period, a total of 535,000 shares of 247 stocks were traded through 2,308 transactions, amounting to a turnover of approximately NPR 285.125 million.