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SECP and PSX Join Forces to Drive Pakistan’s Capital Market Growth

  • July 18, 2024
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In a move to propel Pakistan’s capital market forward, SECP and PSX leadership met to discuss growth strategies. SECP delegation, led by Chairman Akif Saeed and Commissioner Abdul Rehman Warraich, held productive discussions with PSX Board of Directors. 

Key areas of focus included tackling current market challenges and implementing solutions for enhanced governance, stricter operational compliance, and expanding the investor base. Continuous digitalization of the market infrastructure was also emphasized.

The importance of collaboration among stakeholders and investor education initiatives were highlighted to ensure a healthy and inclusive market environment.

Looking beyond domestic development, the meeting explored ways to strengthen connections with China’s capital market. Attracting greater Chinese investment in Pakistani companies listed on the PSX was a key priority.  Engagement with China’s market regulators, exchanges, and prominent participants was identified as the foundation for building deeper ties and fostering mutually beneficial collaboration.

This collaborative effort between SECP and PSX reflects a shared commitment to creating a vibrant and dynamic capital market that fuels Pakistan’s economic growth.

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