KATHMANDU, July 4: The Securities Board of Nepal (Sebon) has stepped up efforts to make public the risk analysis reports of all companies listed by Nepal Stock Exchange (Nepse).
This is the first time that the sector’s regulator is preparing to unveil the financial status of over 200 listed companies. Previous to this, Sebon had published risk analysis of 51 listed companies on suspicion of insider trading, share cornering and circular trading. This move of Sebon drew criticism for carrying out the undesired intervention to influence the secondary market.
Listed companies asked to publish financial reports on time
Niraj Giri, executive director of Sebon, said they are taking the initiative to safeguard the investors by disseminating actual information to them. According to him, the evaluation of companies based on the financial indicators like share prices, earnings per share ratio and net worth, among others, could help the investors make appropriate decisions.
