Karachi, December 13, 2018 (PPI-OT): Pakistan Stock Exchange (PSX) and Critical Mass Karachi (CMK) collaborated for a bike ride that started from Clifton and passed through the business district of Karachi. They visited business landmarks and made a stop at PSX. At PSX, they received a warm welcome where they visited the trading hall of the Exchange and had breakfast. During this stop, the CMK participants interacted with PSX management.
Critical Mass Karachi has been at the forefront of promoting a positive image of Pakistan, here and abroad, through social media. The CMK cyclists comprised of more than 200 individuals, many of whom are corporate professionals, doctors, architects, engineers, and business owners. The purpose of the event was to highlight the importance of saving and investing on PSX as the prime investment avenue for investors, local and foreign. The effort was to bring to focus the need to invest in Pakistan for the progress and prosperity of the country’s economy.
The Managing Director of Pakistan Stock Exchange, Mr. Richard Morin, addressed the participants and informed them that PSX is at the forefront of serving investors and helping companies to grow. Mr. Morin encouraged members of CMK to take part in investing on the Stock Exchange as the KSE 100 Index has historically provided attractive returns as compared to other asset classes over the last decade.
He added that investing in the stock market will be financially beneficial for them in the longer term and would also help build Pakistan’s economy. He drew a parallel between the benefits of cycling for their health with the benefits of saving and investing for their financial health and future. He emphasised that as they invest in their health, they also need to invest in their country, through its capital market, for a brighter future for themselves, their families, and their country.
The cyclists interacted with PSX management asking them questions about the stock market and the market trend going forward. They expressed their pleasure at the arrangements and appreciated the efforts of PSX in collaboration with CMK administration to have held the bike ride through the business district of Karachi. The PSX team thanked CMK cyclists for their participation and recommended them to play their part to help build a prosperous Pakistan, using their slogan for the event: Invest in Pakistan – Invest on PSX!
For more information, contact:
Public Relations,
Pakistan Stock Exchange Limited (PSX)
Cell: +92-332-3289727
Tel: +92-21-111-001122
Tel: +92-21-32428954, 35274576
Fax: +92-21-32419146
Email: nadeem.khanani@psx.com.pk
Website: www.psx.com.pk