KATHMANDU, DEC 16 - 2013
Nepal Stock Exchange (Nepse) has asked listed companies not to take any board decisions that could influence the stock price before 3:00 pm, the closing time of the secondary market.
Amid trend of select individuals influencing stock prices after getting information about such decisions, the secondary market asked the companies to avoid taking such decisions during trading time with an aim of protecting investors’ interest.
A few days ago, Nepse had asked the companies not to communicate any price-sensitive board decision to anybody before the Nepse.
