Kathmandu, June 15
Nepal’s share market regulator, the Securities Board of Nepal (SEBON), has listed 51 companies whose share prices it says are increasing ‘unnaturally’.
The board has alerted potential investors to think about the security of their investment before putting in money.
“Before investing in any share, it is appropriate to make a decision only after evaluating the one’s risk-bearing capacity after being informed of the company’s financial status and other indicators,” the board says.
After the country’s sole share market, Nepal Stock Exchange (Nepse), witnessed a continuous bullish move of late, the board had launched an investigation. The team submitted its report to the board today.
As per the report, the listed 51 companies increased their share prices through cornering and insider trading, according to the board chairperson Bhishma Raj Dhungana.
