The Nepal Stock Exchange (NEPSE) has on Sunday appealed to investors and shareholders not to be anxious over the downward trend in NEPSE index.

Issuing a press statement, NEPSE said that the falling stock prices should be considered unnatural as the national economy and the listed companies' financial and technical position were sound.

A study of the per capital value of each share had shown that the index of commercial banks, financial institutions and development banks had been affected by the declining trend, added the statement.

NEPSE has ascribed the downward trend of the index to the release of rights and bonus shares and the holding of annual general meetings (AGMs) by the listed companies. However, this has also affected other companies who were in a sound financial condition. It has requested investors to invest using their own judgment.

Meanwhile, the Securities Board of Nepal (SEBON) said that rumours regarding a mess-up between the Finance Ministry and SEBON including other controversial issues were baseless, according to reports.

It has requested investors to remain alert when buying and selling stock. nepalnews.com

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