Students of Institute Of Cost and Management Accountants of Pakistan Visit Lahore Stock Exchange

Lahore, June 25, 2012 (PPI-OT): Students of CMA from Institute of Cost and Management Accountants of Pakistan visited the Lahore Stock Exchange as part of the Campus Outreach Program under Financial Literacy Initiative. Here, they were given an insight about practical aspects of various financial institutions and investment avenues by industry professionals.

The panel of professionals included Regional Head Central Depository Company, Mr. Zafar Iqbal along with LSE officials. Regional Head Central Depository Company, 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. Head of Investor Relations Mr. Nadeem Asghar 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 proficient fund management. He also talked about various operational matters and current market as well as economic conditions of the country. Later, the students visited various banks and brokerage houses where they were given synopsis on the functioning of these institutions such as live market trading, banking products and services, lending and borrowing services, clearing and local as well as international remittances, etc.

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 Program is part of the Financial Literacy Initiative for the promotion of youngsters’ understanding of financial products and concepts, their ability and confidence to appreciate financial risks and opportunities to make informed choices, to know where to go for help, and to prepare today’s youth for better understanding of the economic/financial affairs affecting them. Educational institutions are joining hands with LSE to participate in series of sessions on financial literacy.

As part of the Campus Outreach Program, Lahore Stock Exchange has already held two sessions at Institute of Cost and Management Accountants of Pakistan. In the first two sessions students were apprised about the savings, investment and investment alternatives, foreign exchange, stock analysis and valuation techniques, financial markets and regulatory environment, market dynamics, market indices, market sensitivity, securities evaluation including fundamental as well as technical analysis, banking services, leasing, insurance and various corporate matters as applicable in Pakistan.

The “Campus Outreach Program” has received an overwhelming acclamation from various blocs 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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