SEBON issuing new guidelines; urges investors not to run after rumors
Nepal, July 9 -- The Securities Board of Nepal (SEBON) has said it is working to resolve the problems seen at the stock exchange market in order to protect rights and interests of investors.
According to the SEBON, it has prepared a detailed roadmap on capital market development with a time-bound action plan, which will be made public next week, while taking it to implementation immediately. SEBON Spokesperson Niranjay Ghimire said the regulator is serious about the present problems seen at the country's secondary market.
Despite putting in a number of efforts to address related problems, the country's secondary market has been in a downward trend for the past few weeks. The Nepal Stock Exchange index has fallen to as low as 2,601 poin...
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