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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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Launched in 1967 internationally, ComputerWorld is the oldest tech magazine/media property in the world. In Pakistan, ComputerWorld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan, its sister brand from the same family, was launched and took over the enterprise reporting domain in Pakistan, CWPK has emerged as a holistic technology media platform reporting everything tech in the country. It remains the oldest continuous IT publishing brand in the country and in 2025 is set to turn 30 years old, which will be its biggest benchmark and a legacy it hopes to continue for years to come. CWPK is part of the SPIN/IDG Wakhan media umbrella.
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