LAHORE, June 13: The Lahore Stock Exchange launched an investor education programme by holding a workshop at its auditorium on Monday. LSE surveillance and research head Faheem Sardar said a separate investors’ education cell would be set up shortly.

He said investors would be educated on market functioning on every second and last Monday of each month.

Later, he presented an overview of the market to the participants and defined terms like capital news, index, securities, risks, market capitalization, reasons for price movement.

Explaining the rights and obligations of an investor, Mr Fahim said the function of the broker was to execute the instructions of an investor. The advice of a broker should be followed if it was research-based.

LSE investigations, enforcement and legal head Amir Zareef Khan spoke about the role of the Securities and Exchange Commission of Pakistan (SECP), the Central Depository Company, standardized account opening form and risks in the stock market.

He said there existed a dispute resolution system. He said blank selling —- selling shares without having delivery —- manipulation and rumour mongering were not allowed at the stock market.

Mr Khan advised the investors to remain in touch with the broker or the stock market.