February 12, 2024

PSX board visits Lahore Chamber of Commerce & Industry to foster business & capital market growth

Board members of Pakistan Stock Exchange (PSX) including Mr. Farrukh H. Khan, MD & CEO PSX; Mr. Ahmed Chinoy H.I S.I, Shareholder Director; and Mr. Javed Kureishi, Independent Director, along with senior management of PSX including Ms. Raeda Latif, Chief Marketing & Business Development Officer, visited Lahore Chamber of Commerce & Industry (LCCI), to present a briefing to the members of the Chamber in a bid to foster business & industrial growth through capital raising at the stock market. The PSX team was received by the President of LCCI, Mr. Kashif Anwar, as well as senior management of the Chamber. A special session titled, ‘Potential Avenues for Business Growth’ was conducted at the LCCI. The team from PSX underscored the importance of the capital market in the economy and the pivotal role it plays in capital formation; it elaborated on the listing process having become streamlined and expedited; it also highlighted the benefits of listing for companies in that they can gain international recognition & interest from foreign investors and prospective collaboration from foreign entities. Moreover, the speakers, including Mr. Kashif Anwar, President LCCI, made efforts to remove misconceptions regarding listing of SMEs. Overall, the session was a productive one whereby collaborative efforts by PSX and LCCI were aimed to augment economic development and increase market capitalisation in order to promote business and economic growth as well as elevate the status of local entities in the international markets. ​