“EMERGING CAPITAL MARKETS

DEVELOPMENT: A CASE STUDY

OF PAKISTANI EQUITY
MARKETS”
KAREEN GRACE S. DELA PENA
JERAMIE S. LADICA
 ISSUES & CONCERN
1. The Capital market is being driven by the floods of competition.
2. Technology are experiencing so many new challenges and
changes inducing them to incline more towards complex
structures which would not have been considered possible few
time back.
3. The presence of mature and comprehensive capital market is
critical in achieving and maintaining an exceptional growth of a
nation.
 POINT OF VIEW

The initial purpose of the stock or equity market from a

company’s perspective was to provide it with a means of
raising capital to finance its future endeavor. From an
investor’s perspective, the market provided the liquidity
and the development of the capital markets is termed as
necessary condition for the sustainable growth of the
economy.
 STATEMENT OF THE PROBLEM
This study aims to answer the following:
1. What are the experiences of the stockholders in tracing and
reviewing growth and development of the Pakistani equity
market?
2. How did they cope the challenges to emerge capital markets
development?
3. What are the insights of the investors and borrowers about the
development of Pakistani equity markets?
 OBJECTIVES

1. To improved economic performance of a country lead to a rise

in the share prices and to provide individuals and constitutions
with savings, consumptions and investment option.
2. To provide an efficient conduit to channel and mobilize funds to
enterprise and an effective source of investment in the
economy.
3. To provide functioning markets to ensure that both
corporations and investors get or receive fair prices for their
securities.
 AREAS OF CONSIDERATION

1. Maintain, increase and patronized for the continuing growth of the economy
and look for a markets where people use to and gain profits.

2. Liquidity and solvency for faster increase of the funds in the markets and
looking for capable investment that can help a lot.

3. Encourage private savings and investment to reach thier productive uses and
must be equitable for the benefit of the clientele.
 ALTERNATIVE COURSE OF ACTION

• ACA 1. Manager, making efficiency and competence of an action to

satisfied everyone. Contented, change new strategies to attract new ones
and improving it.
• ACA 2. Maker of the technology, upgrade it to a new one for faster and
better to use among the company/busniess.
• ACA 3. Individuals, wise in making good decisions and being accountable to
face it.
 RECOMMENDATION

• We highly recommend the ACA 1 for the growth of the company/business.

 REFERENCES
• Harvey, Campbell R. (1995) The Risk Exposure of Emerging Equity Markets. TheWorld
Bank Review 9:1. International Finance Corporation (1999) Emerging Stock Market
Factbook.
• Karachi Stock Exchange (Gurantee) Ltd. (Various Issues) Annual Reports.
• Khadim Ali Shah Bukhari and Co. Ltd. various publications.
• Khan, Aftab A. (1996) Investment and Capital Markets in Pakistan and Their Role in
Economic Development of Pakistan. Journal of Institute of Bankers of Pakistan. June.
• Khan, Shamim Ahmed (1996) Recent Developments in the Regulatory Framework of
Capital Markets in Pakistan. Journal of Institute of Bankers in Pakistan, September.
• Khilji, Nasir M. (1993) The Behavior of Stock Returns in an Emerging Market; A Case
Study of Pakistan. The Pakistan Development Review 32:4.