Lahore, October 01, 2014 (PPI-OT): Students of Kinnaird College visited the Lahore Stock Exchange as part of the Campus Outreach Program under Financial Literacy Initiative in collaboration of South Asian Federation of Exchanges (SAFE). Here, they were given an insight about practical aspects of various financial institutions and investment avenues by industry professionals. Managing Director and Chief Executive Officer of Lahore Stock Exchange Mr. Aftab Ahmed Chaudhry was the chief guest.
Miss. Gitee Bhatti from Corporate Communications Department 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. She explained as to how investors can use various CDC services for protecting their portfolios. Students were introduced to the existing stock market investors, who shared their experiences and success story before the participants.
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. At the end of the session questions answer session was conducted by Mr. Barkat Ali Anjum Head of Media and Public Relation Department LSE.
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 Kinnaird College. In the first two sessions students were appraised 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 blocks 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:
Barkat Ali Anjum
Deputy Manager-Media and Public Relations Department
Lahore Stock Exchange (LSE)
Cell: +92 306 4506086
Tel: Direct +92 4236280792, +92 423636 8000 Ext. 5031-5032
Fax: +92 42 3636 8485 – 111 441441