KARACHI: Pakistan Stock Exchange (PSX) welcomed Chairman Aqeel Karim Dhedhi and the Members of the Executive Committee of Pakistan Stock Brokers Association (PSBA) by hosting a luncheon in honour of the officials. The lunch was held to welcome the PSBA becoming the official representative body of the stock brokers of Pakistan.
Present amongst the hosts were Farrukh H Khan, CEO PSX, Nadir Rahman, COO PSX, and Board Members of PSX, Ahmed Chinoy, Muhammad Ashraf Bawany, Amjad Pervez and Abid Ali Habib. The guests included Aqeel Karim Dhedhi, Chairman of PSBA, and members of the Executive Committee including Adil Ghaffar, Azneem Bilwani, Bilal Farooq Zardi, Hamad Nazir Kehar, Munir Khanani and Noman Adam.
The luncheon was held to welcome the newly established and registered Pakistan Stock Brokers Association and the Members of the Executive Committee. Furthermore, the event marked the fully operational status of the PSBA as it announced that in accordance with the laws applicable with the trade organisations, it has completed all legal formalities.
At the lunch, the hosts and guests exchanged views on matters of mutual interest, including development of the capital market, measures required to increase the investor base and facilitate investors and listed companies.
Speaking at the occasion, Farrukh Khan, CEO PSX congratulated Dhedhi and Members of the Executive Committee and said, "PSX, as the frontline regulator of the capital market of Pakistan, is very happy that the Pakistan Stock Brokers Association has completed its legal formalities to become a fully functional and operational Association to represent the Stock brokers of the country. We look forward to working closely with PSBA to further the growth and development of the capital markets of Pakistan," he added.
For his part, the Chairman of PSBA, Aqeel Karim Dhedhi said, "I fully appreciate this gesture of the PSX management and board members of PSX for having hosted this lunch event where we have had a chance to discuss matters of mutual interest and benefit for the stock market. I am confident that going forward, with each other's cooperation, we will see Pakistan Stock Exchange thriving for a better and enhanced experience for all market participants."
Copyright Business Recorder, 2020
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