SEBON alerts investors not to go after rumors; stresses on fundamental analysis

Securities Board of Nepal (SEBON) has urged all investors investing in the capital market not to go after rumors published in various media, portals and social networking sites. SEBON has also urged the investors to invest only after reviewing the condition of companies and the share market with much alert. Issuing a press statement, SEBON said that it has called attention to several assumptions, analyses and news published online that are not only unauthorized but are also baseless. Since small investors are in large scale in secondary market of our country, there is high chance of spreading baseless rumors in market. SEBON has requested all the investors to invest overviewing the future of the company they are investing in, their fundamental indicators and their personal self-risk bearing capacity. The NEPSE Index increment should be viewed with much alert and not only on the basis of information received from online medium, added the statement.