KATHMANDU, June 29 -- Nepse index fell 4 percent amid panic sell-off of stocks

As stocks went into a freefall, Nepal Stock Exchange (Nepse) has imposed the first circuit breaker in the stock market.

Following a decline of Nepse benchmark index by 4 percent in 40 minutes of the trading, the circuit breaker was enforced. The enforcement of the circuit breaker suspends the trading for 20 minutes.

However, the trading has resumed after 20 minutes of trading break.

Circuit breaker refers to a regulatory measure to either halt or suspend the trading of stocks in the market when their prices swing massively. In addition to circuit breaker of particular stock, Nepse also imposed the index based circuit breaker. According to analysts, the circ...