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Pakistan stock market to become best in region, claims Hijazi

ISLAMABAD: Chairman Securities Exchange Commission of Pakistan (SECP) Zafar Hijazi has said that stock market of Pakistan was fast moving towards turning into the best and vibrant market in the region.He said the SECP during last 6 months has made important and necessary changes in its legal framework. International Organisation

By Hanif Khalid
August 01, 2015
ISLAMABAD: Chairman Securities Exchange Commission of Pakistan (SECP) Zafar Hijazi has said that stock market of Pakistan was fast moving towards turning into the best and vibrant market in the region.
He said the SECP during last 6 months has made important and necessary changes in its legal framework. International Organisation for Securities Regulators (IOSCO) in its recent report has also endorsed this, he said. According to this report Pakistan has successfully taken up 36 tenders of the IOSCO.
Talking to this scribe on Friday Hijazi said that SECP was struggling to bring Pakistan to the rank of world emerging market and hopefully this would be achieved in January 2016. He said that SECP has moved fast to remove its legal deficiencies.