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SEBON alerts investors with capital market breakthrough

  52 sec to read

March 29: Securities Board of Nepal (SEBON) has expressed its concern on rapid growth of Nepal’s only secondary capital market. SEBON, in its press release, has requested investors to be highly cautious of mounting capital market. The secondary capital market of the country is gaining record break points each day with NEPSE index reaching as high as 1377.33 on March 27, 2016. 

As per the press release, despite the projection of merely 2 percent economic growth due to the devastating earthquake, followed by the Terai unrest and having unsatisfactory financial conditions of BFIs, the NEPSE index has increased to 1350 points from 961.23 points of Ashadh end in the FY 2071/72. SEBON stated the on-going growth of capital market abnormal and investors should take precaution while investing in capital market right now. 

SEBON has requested the investors to analyse current national economic scenario as well as technical analysis of listed organizations before investing in current market condition.  

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