Pakistan Stock Exchange and Shanghai Consortium of China today signed a 40 percent share purchase agreement in Karachi today.
He said Pakistan Stock Exchange has acquired the status of one of the fastest growing stock exchanges in the region. The international organizations have acknowledged the economic progress in Pakistan.
He said the current foreign exchange reserves of the country are equivalent to five-month imports bill.
Speaking on the occasion, Chinese Ambassador Sun Weidong congratulated Pakistani investors on the agreement and hoped this usher in a new era of stock exchange business in Pakistan.