JS Global Capital Limited (JSGCL), Pakistan’s largest and premier brokerage and investment banking firm hosted Pakistan Investment Conference in United States of America. This followed JSGCL’s successful investment conference held earlier in London, which supported Pakistan in achieving the Emerging Market status by Morgan Stanley Capital International.
The objective of the Pakistan Investment Conference was to pitch Pakistan as one of the most attractive investment destinations amongst the Emerging Markets class. JS Global made arrangements for the Chief Executives/Chief Financial Officers of 15 leading listed companies to attend the Pakistan Investment Conference and showcased their companies’ profile, performance and future plans to major US Investors for both Foreign Portfolio and Direct Investment by the US Investors.
A high powered delegation led by Mr. Mohammad Zubair, H.E. Governor of Sind which included Mr. Mushahid Hussain Syed, Chairman Parliamentary Committee on CPEC alongside Mr. Muneer Kamal, Chairman Pakistan Stock Exchange and Mr. Kamran Nasir, CEO JS Global Capital were a part of the conference. They inaugurated the Pakistan Investment Conference on October 31, 2017 in the heart of Wall Street, the New York Stock Exchange.
These Pakistani corporations make up most of the MSCI Emerging Markets cluster while representing about 90% of the market capitalization of the Pakistan Stock Exchange (PSX). Foreign investors currently hold interest in about 30% of the free float of PSX.
The list of Pakistani corporations that attended the conference included Oil & Gas Development Company (OGDC), Pakistan Petroleum Limited (PPL), Pakistan State Oil (PSO), United Bank Limited (UBL), MCB Bank Limited (MCB), Engro Corporation (ENGRO), Engro Fertilizers (EFERT), Hub Power Company Limited (HUBC), Lucky Cement Limited (LUCK), DG Khan Cement (DGKC), Honda Cars Limited (HCAR), Searle Pharmaceutical (SEARLE) and AGP Limited (AGP) along with a few others.