Inside Financial Markets

STAP provides skills to technical analysts

Trimonitor-XENITH-n-MSPROSTAP provides skills to technical analysts

There is always a need for better training and quality education which was lacking in Pakistan in the growing competition across the world, said Avais Ahsan, President STAP. He was speaking at the inaugural Technical Analysts Conference 2011 which was held at the Karachi Stock Exchange (KSE) Auditorium where the Society of Technical Analysts Pakistan (STAP) was officially launched. The STAP, he said, is an effort to bridge the gap which will organise different workshops and courses to enable local technical analysts come in line with the international practices. The Society of Technical Analysts was incorporated in Pakistan in June 2011 as a non-for-profit organisation and got registered with the International Federation of Technical Analysts (IFTA) as a developing society in a bid to foster education and collaboration among technical analysts societies and association around the world. KSE MD Nadeem Naqvi graced the event as chief guest while Honorary Guests included Aqeel Karim Dhedhi, Chairman AKD Group, Sani-e-Mehmood Khan, Manager Product Development at KSE, and Sameer Ahmed, MDNational Commodities Exchange. Imtiaz Ghadar from KASB Securities shared his knowledge with regards to investment strategies in the equity and commodity markets. Rehan Ali from Foundation Securities shed light on the technicalities involved in the process of technical analysis and shared useful traits of the trade. Chief guest at the event, MD KSE, Nadeem Naqvi, in his address welcomed the idea of launching the Society of Technical Analysts Pakistan and said that there is always room at the top and the education during professional career revs up skills therefore the STAP will go a long way in providing required set of skills and knowledge to the community of technical analysts.

Ali Nawaz

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)