![]() The integration is expected to help reduce market fragmentation and create a strong case for attracting strategic partnerships necessary for providing technological expertise and assistance. Prior to the formal launch, the Karachi Stock Exchange held a two-day pre-production mock trading session for all certificate holders of the three exchanges. The area covered by the building is 562,629 sq ft (52,269.9 m 2), and it consists of three levels of basements and ground plus 18 floors above. It was located in the ISE Towers, a 22-storey building which is one of the tallest buildings of the city. ISE was incorporated as a guarantee-limited company on 25 October 1989. Islamabad Stock Exchange (ISE) was the youngest of the three stock exchanges of Pakistan, and was located in the capital city, Islamabad. Islamabad Stock Exchange Tower is now one of the regional offices of PSX It initially had 83 members and was housed in a rented building in the crowded Bank Square area of Lahore. The Lahore Stock Exchange (Guarantee) Limited came into existence in October 1970, under the Securities and Exchange Ordinance of 1969 by the Government of Pakistan in response to the needs of the provincial metropolis of the province of Punjab. Lahore Stock Exchange (LSE) was located in Lahore, Pakistan. 7.33 trillion (US$72 billion approximately). As of 10 July 2015, total market capitalization reached Rs. In June 2015, Khaleej Times reported that since 2009, the Pakistani equities delivered 26 percent a year for US dollar investors, making Karachi the best-performing stock exchange in the world. According to Bloomberg, the Pakistani benchmark stock market index is the third-best performer in the world since 2009. It was Pakistan's largest stock exchange, and was listed among the ten best stock markets in the world in 2015. It was located at the Stock Exchange Building (SEB) on Stock Exchange Road, in the heart of Karachi's business district near I. UK's Foreign Secretary William Hague rings the closing bell at the Karachi Stock Exchange on 24 June 2010įounded on 18 September 1947, Karachi Stock Exchange Limited (KSE) was registered in Pakistan. The Pakistan Stock Exchange (PSX) came into existence in January 2016 when the Government of Pakistan decided to merge the three large exchange markets of the country (based in Karachi, Lahore, and Islamabad) into one combined market. In December 2016, PSX sold 40% strategic shares to a Chinese consortium for US$85 million. One of the PSX's constituent stock exchanges, the Karachi Stock Exchange, was listed among the world's best performing frontier stock markets: between 20 it delivered an average 26% return annually. There are also about 400 brokerage houses which are members of the PSX as well as 21 asset management companies. Investors on the exchanges include 1,886 foreign institutional investors and 883 domestic institutional investors along with about 220,000 retail investors. As of January 2022, there are about 375 companies listed on the PSX with a total market capitalisation of PKR 7,756 billion (US$27 billion). ![]() The PSX was established on 11 January 2016 after the merger of the Karachi Stock Exchange, Lahore Stock Exchange and Islamabad Stock Exchange. PSX was classified by MSCI as a frontier market on 8 September 2021. The Pakistan Stock Exchange ( Urdu: بازارِ حِصَص پاکستان, abbreviated as PSX) is a stock exchange in Pakistan with trading floors in Karachi, Islamabad and Lahore. Shamshad Akhtar (Chairperson and Independent Director)įarrukh H. (Originally Karachi Stock Exchange founded on 18 September 1947)
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