Staff Reporter
Karachi
Pakistan Stock Exchange welcomed the visit of Dr. Arif Alvi, the President of the Islamic Republic of Pakistan to the Stock Exchange. This was his very first visit to the Exchange since taking office as President of the country.
Accompanying the President were the Governor of Sindh, Mr. Imran Ismail; Leader of the Opposition, Sindh Assembly, Mr. Firdous Shamim Naqvi; Advisor, Ministry of Maritime Affairs, Mr. Mahmood Moulvi; MPAs of Sindh, Mr. Khurram Sher Zaman & Mr. Haleem Adil Sheikh and other distinguished guests.
Upon his arrival, the President was warmly welcomed by the Chairman of the Board, PSX, Mr. Sulaiman S. Mehdi; Board Members of PSX; CEO of PSX, Mr. Farrukh H Khan; Member Policy Board of Securities & Exchange Commission of Pakistan (SECP) & Managing Director of National Investment Trust (NIT), Mr. Adnan Afridi and others.
The honoured guests were led to the Board Room for a meeting where matters of mutual interest were discussed. Primarily, matters related to the economy and the capital market were discussed. The President of Pakistan was informed about the functions and processes in place at the Exchange with regards to its operational, regulatory, trading, and IT infrastructure.
The distinguished guests were also given a historical perspective of the Exchange with regard to its evolution and progression over the years.
On the occasion, the President said it was his desire since long to visit the PSX, which had materialized today.
He said that it was very encouraging to listen that the Stock Exchange had now matured and consolidated. He emphasised on the importance of projecting Pakistan Stock Exchange to the world and said, “This is my message, tell the world about our Stock Exchange. Small investors should also be encouraged to invest here and reap the benefit of such investment by building their investment portfolios”.
Acknowledging the outstanding performance of PSX and progress of Pakistan’s economy, he remarked, “There are different analysis in the market. But the fact remains, Pakistan’s capital market is the best and Pakistan’s economy is the best”.
