NSE Trigger Circuit Breaker To Guard Against Sharp Market Fluctuations
The Nigerian Stock Exchange ("NSE" or "The Exchange") has announced that a market-wide circuit breaker kicked in today, Thursday, November 12, 2020, at 12:55p.m. when the NSE All-Share Index (NSE ASI) rose beyond the set threshold of 5%, triggering a 30-minute trading halt of all stocks. This was the first time that the circuit breaker had kicked in since its introduction in 2016.
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