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imageISLAMABAD: The launching ceremony of Pakistan Stock Exchange would be held on January 11.

This was informed in a meeting chaired by Minister for Finance Ishaq Dar held here on Monday evening.

Chairman Security Exchange Commission of Pakistan (SECP), Zafar ul Haq Hijazi apprised him about the arrangements made for launching ceremony of Pakistan Stock Exchange Limited.

The minister said that launch of the Pakistan Stock Exchange Limited marks the achievement of a significant milestone.

He said that with appropriate and continued reforms, this achievement will facilitate development of Pakistan's capital and financial markets besides strengthening the economy.

He said that the unity displayed by the stakeholders for successful establishment of the single unified stock exchange is highly encouraging.

He also hoped that foreign counterparts will see the unified stock exchange as a profitable investment partner, given the improving economic and capital market landscape of the country.

The Minister on the occasion also directed Chairman SECP to submit a report on recent events related to a brokerage house in Karachi.

Other matters relating to overall working of SECP also came under discussion.

Senior officials of the Ministry of Finance also attended the meeting.

Copyright APP (Associated Press of Pakistan), 2016

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