Markets

LSE's financial literacy sessions for Hailey College

Published June 4, 2013 Updated June 4, 2013 07:53pm

LAHORE: Lahore Stock Exchange in collaboration with Asian Federation of Exchanges (SAFE) on Tuesday arranged two sessions of Campus Outreach Programme for MBA (Banking and Finance) students of Hailey College of Banking and Finance, Punjab University, where LSE's officials interacted with the students.

While, the LSE Managing Director and Chief Executive Officer Aftab Ahmed Chaudhry participated in the sessions as a chief guest.

LSE Investor Relations Department's Ms. Madiha Abrahim enlightened the students on the broad features of Pakistan's economic and financial system, features and characteristics of different financial markets, regulatory framework, market indicators, and investment products, financial services and opportunities available to investors as well as the role and responsibilities being perfomed by various financial institutions.

Students were given an insight about various investment avenues available in the market and their role in the economic system of the country. She described the operational matters of the Exchanges including listings, trading, corporate governance, sensitivity of Stock Market and investor protection.

Madiha said that financial decision making strated from teenage and to become smart saver, it was imperative to hold basic knowledge on the financial market. She also focused on the classification and functions of the stock market, historical backgroud and stakeholders of capital market.

The basic goal of the FLI (Financail Literacy Initiative)- Campus Outreach Programme is to enhance 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.

The FLI is also aimed at promoting financial skills and knowledge of the common citizens as well as support the agenda for the broader financial inclusion in societies.