As part of its Investor Education Program and Financial Literacy the Securities and Exchange Commission of Pakistan (SECP) conducted an investor awareness session at Rawalpindi Chamber of Commerce and Industry as part of World Investor week 2017 here Friday. The seminar focused on increasing financial literacy and investor awareness about capital markets and its related products.
Speaking on the occasion, Murtaza Abbas, Joint Director and Khalida Habib, Director Investment Education and International Relations Department, highlighted key issues and concerns and recommendations for the education of investors. They said due to lack of proper knowledge, many investors have suffered huge losses in capital markets while with proper knowledge and awareness, they could make profitable investments in stock market.
They stressed that investors should always make rational decisions and avoid making investment merely on speculations which carried high risks.
They said considering the significance of fundamental knowledge and understanding of the financial market, SECP initiated investor education program, JamaPunji, because lack of financial literacy and capability made the general public vulnerable to frauds in the capital market. In his welcome address, Zahid Latif Khan, President, Rawalpindi Chamber of Commerce and Industry appreciated the role of SECP for promoting good governance in corporate sector and initiating programs like financial literacy.