SEBON urges investors to ‘pause and think’ before investing on Stocks

This has made the Securities Board of Nepal (SEBON) a little wary, though it does not yet feel that the market has heated up to a dangerous level, which requires its intervention.

“Earlier the election results, and now the Basel III, have propelled the market to a new height. We are a bit worried about the rate of growth since it could lead to a bubble like those days when the market had breached 1150 levels,” says SEBON spokesperson Niraj Giri.

Stating that the SEBON has been “cautiously watching the market”, he added, “We urge the investors to pause for a while before investing since it is too early to guarantee political stability in the country. Likewise, the central bank is only seeking inputs from the BFIs and other stakeholders for the implementation of Basel III – it has not enforced it yet.” - SSN