Chairman Zafar Hijazi: SECP apprehend Stock Guru

News Image

By MG News | May 09, 2017 at 04:50 PM GMT+05:00

0:00

The Securities Exchange Commission Chairman Zafar Hijazi said that they have apprehended a group called stock guru- and the runner of this group Mir Mohammad Ali Khan. SECP chairman in Islamabad while briefing media told the participants that the Guru gave colossal loss to the investors. “The group was involved in speculation of shares and buying and selling shares through the name of his family members”, the chairman said.

Chairman Zafar Hijazi held a media briefing disclosing the SECP’s recent actions to unearth the nexus of insider traders and stock manipulators. He  revealed the details/identities of persons involved in recent scam in which social media was being used to manipulate stock shares.

“SECP will request the government to place the name of Mir Mohammad Ali Khan on ECL as he made fraud and the authority has filed a case against him”, he said. And we have asked the session court and filed a criminal case against him.

SECP has improved the surveillance and chasing any will full element of the people involved at the capital market.

We have trained our staff to check any crime related to stock market and have trained around 21 people from the United States to improve the SECP stance.

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 11:58 PM GMT+05:00

Weekly Market Roundup


July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg