Kathmandu, Sept 21: Trading at the Nepal Stock Exchange (NEPSE) has been suspended for today following a technical problem at the data center hosting the servers of 72 trading member companies.
The technical problem occurred at Data Hub Pvt. Ltd. from the morning of September 20. Although efforts are underway to resolve the issue, it has not yet been fixed.
NEPSE said continuing trading under the existing circumstances could potentially cause damage to its trading system. The Stock Brokers Association of Nepal had also requested NEPSE to suspend today’s regular trading session until the technical problem was resolved.
Accordingly, NEPSE has suspended trading for September 21 in accordance with Rule 21(1) of the Securities Listing and Trading Regulation, 2075.
NEPSE has apologized for the inconvenience caused to investors and other market participants.
