PID

PR No. 25 Launching Ceremony Of Pakistan Stock Exchange On 11th January Islamabad

The Chairman SECP, Zafar ul Haq Hijazi along with other senior SECP officials held a meeting with Finance Minister, Senator Mohammad Ishaq Dar here on Tuesday.

Chairman SECP apprised the Minister about the arrangements regarding launching ceremony of Pakistan Stock Exchange Limited. He added that the ceremony would be held on Monday, the 11th January.

The Minister said that launch of the Pakistan Stock Exchange Limited (PSX) marks the achievement of a significant milestone. He said that with appropriate and continued reforms, this achievement will facilitate development of Pakistan’s capital and financial markets besides strengthening the economy. He added that the unity displayed by the stakeholders for successful establishment of the single unified stock exchange is highly encouraging. He also hoped that foreign counterparts will see the unified stock exchange as a profitable investment partner, given the improving economic and capital market landscape of the country.

The Minister on this occasion also directed Chairman SECP to submit a report on recent events related to a brokerage house in Karachi. Other matters relating to overall working of SECP also came under discussion.

Senior officials of the Ministry of Finance also attended the meeting.

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