2020 left deep impacts on the economy but we kept our capital market stable: Chairman SECP

December 24, 2020: In an interaction with the journalist chairman SECP Amir khan said covid-19 penetration made us under pressure to close the stock market but we decided to keep the market open for trading, which proved to be favourable decision.

He added that SECP on the basis of market index introduced a system of halt circuit breaker, later on this initiative proved beneficial for economy. While opening the words he said for the facilitation of the broker, secp removes additional margin, liquidity margin and hair kits.

Chairman said to protect investors, new system of stock broker has also been introduced in this year. As a result of these initiative, Pakistan Stock Market performed well even in hard situation as compared to region's other stock markets.

Amir khan said stock market trading volume has increased by two percent as compared to last year. Last year average trading volume was 233 million while this year trading volume is 426 million. In this regard steps has been taken to promote listing and Ipos in the market.