Kathmandu. Nepal Stock Exchange Limited (NEPSE) is going to amend the current circuit breaker rule.

A source at Nepse has stated that the existing system regarding circuit breakers will be changed.

Currently, the share price of a company can be bought and sold up to 5 percent between 10:30 am and 10:45 am. When the share price of a company is increased by five percent, the market is affected by a four percent circuit when the market is opened for regular trading. As this incident has been increasing in recent days, even Nepse has become serious about it.

There are widespread complaints from investors that the order to sell in the regular trading session cannot be kept or the seller will not come when the price is reduced by 5 percent in the pre-opening session. To address this, Nepse is trying to change the current system of circuit breakers.

Currently, if the Nepse index fluctuates 4 percent within the first hour of regular trading in the stock market, trading will be suspended for 20 minutes. In the open market, if Nepse fluctuates by 5 percent within the second hour, trading is postponed for 40 minutes for the second circuit.

After that, if the market index fluctuates by 6 percent, all transactions for the rest of the day will be suspended. This arrangement has been affected due to the pre-opening session and it has been tried to review it as soon as possible.