Trading suspended
KATHMANDU: Securities Board of Nepal (SEBON) has instructed Nepal Stock Exchange to suspend the trading of Everest Insurance and National Hydro Ltd from Tuesday.
SEBON has directed Nepse to suspend the trading of Everest Insurance citing leakage of price sensitive information and the board has launched an investigation into it.
Likewise, trading of National Hydro has been suspended as complaints were lodged by shareholders regarding authenticity of the board decision as there is a dispute among the board members since long.
SEBON has asked Nepse to suspend the trading until the board issues another instruction.