In Fiji:

June 11, 2024, 5:10 pm
Business, Fiji News

SPX to create awareness on stock market investment

Eparama Warua
Journalist | [email protected]
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The South Pacific Stock Exchange has not been engaging in as many trade as before, says Chairman Nitin Gandhi.

Gandhi says they are encouraging more organization to invest in equities, which the Stock is currently doing together with their 19 listed companies.

“There hasn’t been much of an active trade as much we’d like, so you can say as a small stock exchange in the South Pacific, we want to lift our game”, Gandhi said.

“The way we can lift our game is to create awareness in the market, and provide options to the entities, and also to the public, to invest in equities”, he added.

The SPX also announced their new Chief Executive Officer, Sheraj Obeyesekere, following an extensive recruitment process.

Ghandi says Obeyesekere brings in a wealth of experience having worked 12 years across the business corporate sector in Australia and Sri Lanka.

“We would like the public to consider the stock market investment. As part of the exchange, we embrace responsibility of ensuring that they can make informed decision”, Obeyesekere said.