Lahore: Pakistan’s leading investment and securities firm Arif Habib Limited (AHL) has joined the global marketing and distribution platform of Marco Polo Securities, a New York-based broker and dealer.
This marks a huge stride for one of Pakistan’s leading investment and security firm to enlist on such a prestigious marketing and distribution platform which represents one of the leading securities firms in Asia, Europe, Africa and Latin American regions.
Marco Polo Securities was setup in the year 2000, providing institutional investors and sponsors with expert access to local listed securities and merger and acquisition investment opportunities too.
Chief Executive Officer, Arif Habib Shahid Ali Habib said “This relationship is designed to leverage the strengths of our two firms and will allow a wider range of investors to access Arif Habib’s leading research, corporate access and execution products for the Pakistani capital markets. It is an exciting enhancement of our capabilities to market an exceptional portfolio of investment and securities capabilities. We look forward to welcoming even more global investors to the Pakistani capital markets.”
AHL is a registered holder of Trading Right Entitlement Certificate on the Pakistan Stock Exchange (PSX) and is involved in business of investments, stock brokerage, inter-bank brokerage, IPO, underwriting, advisory and consultancy services.
At the time of filing this report, Arif Habib’s shares were trading at Rs58.85, up Rs0.04 from its closing price on Thursday. The KSE-100 index was trading at 42,822.04 points, up 47.0 points from its close on Thursday.