PSX, LCCI organise awareness session for business growth

Business Feb, 12 2024
PSX, LCCI organise awareness session for business growth
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LAHORE: Pakistan Stock Exchange (PSX) in collaboration with Lahore Chamber of Commerce and Industry (LCCI) organised an awareness session on “Potential Avenues for Business Growth”, at LCCI.

LCCI President Kashif Anwar presided over session while PSX Director Ahmed Chinoy CEO Farrukh Khan, General Manager Raeda Latif and Javed Qureshi spoke.

Kashif Anwar said that stock exchange is an important indicator to examine economy of any country. Currently Pakistan Stock Exchange is performing well. He said that purpose of this awareness session is to inform LCCI members about Pakistan Stock Exchange and encourage them to get listed in it. He said that through this awareness session, issues of capital and liquidity are being highlighted.

LCCI President said that there was misconception that Small and Medium Enterprises could not be listed in PSX, adding that number of issues have been resolved in this regard. He suggested that companies should get listed in PSX as it would give them lot of benefits. He said that liaison between Lahore Chamber and Pakistan Stock Exchange would be very fruitful.

Ahmad Chinoy said that PSX has taken various initiatives and people are being informed about its benefits through door to door campaign. He said that they are providing awareness about listing in Pakistan Stock Exchange, investment and other matters, asserting that this is best forum for investors. He said that listed companies make people shareholders at market value. This brings diversified experience and provides better advice.

He said that this makes local companies to become an international brand and also improve their profile. Currently, there are 534 elite companies listed in stock market and our local companies will also get status of elite companies by being listed.

Published in The Daily National Courier, February, 13 2024

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