Karachi Stock Exchange (KSE) and AKD Securities Limited organised an investor awareness seminar as part of nation-wide awareness campaign to promote capital markets amongst general public where over 50 investor accounts were opened on the spot. This interactive event was held at a local hall of North Nazimabad area, here on Sunday. Over 500 people from all walks of life including businessmen, doctors, jewellers, teachers and other prospective investors attended this event.
On the occasion, Nadeem Naqvi Managing Director KSE has briefed the investors about risks and returns of equity markets and urged them to make investment portfolios rather than parking all funds in single asset class. He said investors should diversify their investment portfolios to reduce portfolio loss and volatility, especially during uncertain times. He stressed that investors should attain basic personal finance knowledge first and then design an investment strategy according to their financial goal and needs.
The team of experts from AKD Securities held an interactive session explaining people how they can be part of the corporate success stories of Pakistan by becoming shareholders in listed companies. Muhammad Farid Alam CEO, AKD Securities explained people about the mechanism of investment in stock markets and introduced the concept of 'Value Investing'. He tried to clear the minds of people about misperceptions about stock markets, and advised them to monitor their portfolios themselves through online accounts, instead of relying on brokers.
AKD Securities presented a demo of their online trading platform and explained how investors can trade from anywhere, and become responsible for their investment decisions. "If you lack the time and expertise to review periodic account statements and cannot make your own investment decisions, you need to employ another professional to assist you in your personal financial planning and take care of your active and passive investment needs", said Sani-e-Mehmood Khan, General Manager, KSE.
He said that as an investor, one cannot afford to put blind trust in an Investment Advisor or a Financial Services Company. When selecting an advisor, an investor must know the success rate of the investment advisor, and should consider reputation, experience, past track record, compensation, and credibility of the investment advisor, he added. The event received overwhelming response from investors who had not only participated in the program through discussions but also opened accounts on the spot.
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