JS Global holds Pakistan Stock Exchange awareness conference

KARACHI: JS Global Capital Limited (JS Global) in collaboration with Karachi Stock Exchange (KSE) and Lahore Stock Exchange (LSE) successfully held an investor awareness conference for launching of Pakistan Stock Exchange (PSX) in Lahore.

Business magnates and investors from all over the country participated in the conference and hailed the efforts of the Apex and Front line Regulators on their commendable effort on formation of PSX.

DMD KSE Mr. Haroon Askari, MD LSE Mr. Aftab Ahmed Chaudhary and Governor Punjab Malik Muhammad Rafique Rajwana graced the event with their presence. Participants of the event lauded JS Global Capital for its untiring efforts in promoting and supporting PSX’s formation.

Speaking at the occasion, CEO JS Global Mr Kamran Nasir congratulated all the participants on the formation of PSX, and apprised the participants about the improving outlook of Pakistan’s economy. He emphasized that following the rules and regulations in letter and spirit will form the basis of increase in retail base in Pakistan.

Governor Punjab Rajwana emphasized the government’s commitment to improve the economy and the capital markets of Pakistan. He cited the formation of PSX as a major step to increase the participation of local and foreign investors in Pakistan.

Haroon Askari cited formation of PSX as a step forward in progress and development of country’s capital market and congratulated all stakeholders on successful amalgamation of country’s stock exchanges. He also flagged that about Rs1,160 billion of equity capital and debt has been raised by listed companies in the past 10 years.

Aftab Chaudhry speaking at the occasion thanked the governor Punjab for his support during the exchanges integration process.

Kamran Nasir elaborated that JS Global over its shining history has many first to its credit and in line with their philosophy of Good Corporate Governance and promoting a culture of law abiding corporates he stated that JS Global is proud to hold the first such session in Pakistan whereby investors are briefed in detail about the PSX and expressed his full support to SECP, KSE and LSE.

Speaking on the occasion Tahir Mahmood Commissioner SECP expressed his gratitude on the formation of PSX and briefed the participants on the role of Regulators in shaping the capital markets of Pakistan. He also briefed the members about the future plans leading up to the completion of integration and Demutualization of exchanges.