KSE have positive impact of Chinese president visit.
Karachi -- President of China visit to Pakistan, signing of various MOUs by both the countries, investment friendly policies of the government and induction of more companies at stock exchange have created positive impact on our stock exchange which is now on the highest level of its history.
Investment in share market is now attracting to more peoples after the reduction in the profit of banks. These views were expressed by stock market experts at a seminar organized by the Business Administration seminar society of Mohammad Ali Jinnah University, Karachi on "Current trends in Karachi Stock Exchange" last evening.
Those who address to the seminar included CEO, AKD Securities, Muhammad Farid Alam, vice President, Arif Habib, Iftikhar Hussain and President, M.A. Jinnah University, Dr. Abdul Wahab.
Farid Alam said that Karachi Stock Exchange (KSE) is among ten best performing markets of the world, having $ 77 billion market capitalization with 49 % growth rate since 2012.
He said near about 500 Pakistani companies paying highest dividend to their share holder which is also a Word record.
He advised to the Public to invest their capital in share market after due consideration, to be remained flexible, avoid quick decisions and to concentrate on long term planning for the safety of their investment if they want to earn more profit on their investment.
Iftikhar Hussain said that our stock market trend is on continuous at higher side from the last seven years which resulting in provision of sufficient profit to our share holders on their investment. He said that there are 25 to 30 companies which are continuously paying reasonable dividend to its share holders for the last several years.
He also advised to share holders to consult with investment expert by paying a little fee to secure their investment instead of giving all powers to brokers for sale and purchase of their shares. He informed that Karachi Stock Exchange was established in 1947 with a capital of 100 million with five companies on board and now the number of enlisted companies is 561 having 1181 billion investment volumes.