Students of Allama Iqbal Open University visit Lahore Stock Exchange

Lahore: Allama Iqbal Open University (AIOU) students visited the Lahore Stock Exchange where they were given an insight about practical aspects of the financial institutions by industry professionals. The visit was part of the nationwide Campus Outreach Program launched by the Lahore Stock Exchange.

The Program is part of the Financial Literacy Initiative for promotion of financial skills and knowledge of common citizens, and to encourage broader inclusion in the financial system. As part of the Program, educational institutions are joining hand with LSE to participate in series of sessions on financial literacy. The purpose of visit was to allow the students to interact with various financial industry practitioners in a stock exchange setting and get a chance to visit different financial institutions all at one location.

The panel of professional included Mr. Zafar Iqbal Amin, Head, Lahore Branch of Central Depository Company (CDC) and Mr. Salman Ahmad, Vice President North-Investment Advisory Services, IGI Investment Bank Ltd and Mr. Gul Zeb Nasar from IGI Investment Bank Ltd along with LSE officials. Mr. Zafar Iqbal briefed the students on the need for setting up CDC and various facilities being offered by CDC not only to add efficiency but also for increased transparency and investors confidence.

He explained as to how investors can use various CDC services for protecting their portfolios. Mr. Salman also addressed the students and informed them about local mutual funds industry and products being offered.

He informed the students that mutual funds could be an effective approach for people to start investments offering risk diversification and good returns through professional fund management. Later, the students visited various banks and brokerage houses where they were given overviews on the functioning of these institutions such as trading, banking products and services, lending and borrowing services and local as well as international remittances, etc.

As part of the Campus Outreach Program, Lahore Stock Exchange has already held two sessions at Allama Iqbal Open University. In the first two sessions students were apprised about the savings, investment and investment alternatives, foreign exchange, stock analysis and valuation techniques, financial markets, market dynamics, banking services, leasing, insurance and various corporate matters as applicable in Pakistan.

The “Campus Outreach Program” has received an overwhelming commendation from various factions of the societies. The Program is launched under the broader Financial Literacy Initiative by the LSE in collaboration with South Asian Federation of Exchange (SAFE). Campus Outreach Program – FLI is neither intended to promote or publicize any particular type of investment or product, nor is it aimed to endorse any specific kind of financial institution or market

For more information, contact:
Lahore Stock Exchange (LSE)
19, Khayaban-e-Aiwan-e-Iqbal, P.O. Box: 1315,
Lahore-54000, Pakistan
Tel: +9242 636 8000
FAX: +9242 636 484 -85
E-mail Address: info@LahoreStock.com
Web Site: http://www.lse.com.pk

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