Nepal Stock Exchange halts trading following data centre outage

Kathmandu [Nepal], Sept 21 – The Nepal Stock Exchange suspended all stock trading on Monday following an unresolved technical outage at a facility housing brokerage servers.

The exchange issued a notice confirming the suspension after a technical failure hit Data Hub Pvt. Ltd. at 4:00 a.m. on Sunday, September 20. The facility houses servers for 72 trading member companies linked directly to NEPSE’s core trading network.

The stock market was closed on Sunday for its standard weekly holiday but technical teams failed to resolve the infrastructure problem before Monday’s scheduled opening.

Prior to the decision, the Stock Brokers Association of Nepal requested that NEPSE halt regular operations until the system issue is fully resolved. NEPSE confirmed that normal trading will remain on hold while work on the data centre continues.

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