Peshawar: Khyber Pakhtunkhwa (KP) Minister for Finance and Health Taimur Khan Jhagra on Wednesday (October 06) inaugurated the KP’s first Pakistan Stock Exchange (PSX) regional office in Peshawar, news sources reported. The KP’s new PSX-regional office ahs started trading after the official gong-ringing ceremony was performed.
According to a news statement issued by the KP administration, the event was a significant step toward the growth of the province’s economy. Furthermore, the minister stated that the PSX’s KP chapter will raise capital for a variety of infrastructure projects undertaken by the government as well as corporations and businesses.
The minister stated that with the PSX Peshawar office, the province’s Small and Medium Enterprises (SMEs) would have greater access to the financial market and will be able to play a more active part in the country’s growth. On this occasion, Finance Minister Jhagra announced a significant Initial Public Offering (IPO) of a KP steel company on the PSX. It’s worth noting that the KP business and stock were formerly administered from the PSX’s northern regional office in Islamabad.