Kathmandu. The stock market, which operates the Nepal Stock Exchange (NEPSE), will remain closed today. The market will remain closed today due to a problem in Waiko’s data center.
According to NEPSE, there has been a technical problem in the data center data hub of 72 trading member companies of NEPSE since the morning of September 19 and efforts are being made to resolve it, but it has not been resolved yet. The Stock Brokers Association of Nepal has also filed an application to postpone today’s regular trading session as the trading system of Nepse is also likely to be damaged in this situation.
NEPSE has issued a notice today informing about the suspension of transactions.
Due to the technical problem seen in the data of Waiko, there is also a problem in the matching engine of Nepse. The market will remain closed today until further information is received in this regard, Nepse said.
In this way, NEPSE has become completely hostage to Waiko. Due to this, sensitive areas like the stock market will be closed today.
