Observer Report Karachi
Pakistan Stock Exchange (PSX) along with 78 exchanges across the world marked World Investor Week (WIW) 2021 through a gong ceremony held at PSX Trading Hall.
The WIW was held in exchanges around the world from October 4 – 10, 2021. The World Federation of Exchanges (WFE), of which PSX is an Affiliate Exchange, supported the International Organisation of Securtities Commissions (IOSCO) in holding the WIW.
, the week-long activities in World Investor Week were planned to promote the importance of financial literacy and to raise awareness about investor education and protection. The objective being to encourage financial inclusion and foster learning opportunities for investors.
PSX organised several webinars & sessions for World Investor Week.
Several sessions were held including seminars exclusively for women. Topics covered included investment in mutual funds, online account opening, E-IPO facility, investor protection, Shariah-compliant stock investments and much more. A social media campaign was also carried out to promote WIW and the importance of financial literacy.
The gong ceremony was held to include veterans of the educational field and capital market fraternity.
The gong was struck by Syed Asaad Ayub Ahmad, CEO of The Citizens Foundation (TCF) and Mrs. Sadia Rashid, President of Hamdard Group & Chancellor of Hamdard University, amidst the presence of CEO PSX – Mr. Farrukh H. Khan and PSX management team, amongst others. By striking the gong, PSX reiterated its mission to further financial literacy and increase awareness about basics of investment & investor protection whilst promoting capital raising for businesses through the Exchange.
Welcoming all participants at the gong ceremony to mark the World Investor Week, the MD PSX, Mr. Farrukh Khan, said, “I thank you all for joining us at PSX for this important event. The importance of financial literacy and investor education cannot be emphasised enough. In the current environment, financial inclusion and investor protection is of primary importance.
” He added, “Today we would like to reach out to educational institutions, capital market participants and brokerage houses to work with us and help educate people, young and old, in basic financial concepts and literacy, enabling them to successfully create financial independence.”
Speaking at the occasion, CEO of The Citizens Foundation, Syed Asaad Ayub Ahmad, said, “In terms of financial or general literacy, as a nation, we are faced with numerous challenges.