NEPSE assigned stock symbol 'SHIVM' to Shivam Cement and 'UPCL' to Universal Power Company.
As per a source, the unmatched order of these two companies in NEPSE online system halted their trading. NEPSE provides a separate new window to every incoming company, however, in case of these two companies, the system failed to use the provided window. As a result, the system could not filter transaction, informed the source.
NEPSE provided an open range of Rs 161.60- Rs 484.81 for the first transaction of Shivam Cement and of Rs 101.11-Rs 303.33 for the transaction of Universal Power Company.
However, the market depth displays the opening and closing range for both companies at Rs 464.