RAWALPINDI: The Chief Executive Officer (CEO) of Pakistan Stock Exchange (PSX), Richard Morin paid a visit to the Rawalpindi Chamber of Commerce and Industry (RCCI).
Addressing traders, Richard Morin said that after the integration of Karachi, Lahore and Islamabad into a single national stock exchange, PSX has performed well over the period. More companies will be added to the PSX and we are hopeful that companies from the SME sector will be listed. He emphasized on beefing up investor protection, ease of doing business, SME board, better security for investors and building a new trading platform.
Morin said that he wants to improve safeguards to boost the number of retail investors, who currently number less than 0.2 percent of the nation’s 200-million plus population. He expressed hope that RCCI and PSX, will increase cooperation and coordination to explore ways and means to initiate business support programs and project for SMEs. Richard Morin also appreciated the role of RCCI in promoting business activities in the region.
Earlier, RCCI chief Zahid Latif Khan in his welcome address said that PSX has now become one of the promising destinations for local and foreign investors. He invited Richard Morin to participate in the upcoming RCCI All Pakistan Chambers Presidents Conference Gawadar and International Rawal Expo. RCCI has been providing a great platform to attract investors and promote local businesses to show case and market their product including capital market.
Senior Vice President Nasir Mirza, Vice President Khalid Farooq Qazi, Group leader Suhail Altaf, former presidents, executive members and a large number of traders attended the meeting.
