The Securities and Exchange Commission of Pakistan (SECP) is a government agency whose purpose is to develop a modern and efficient

corporate sector and capital market, based on sound regulatory principles, that provide impetus for high economic growth and foster social harmony in the Country.

1) ACTS AS A REGULATORY AUTHORITY

2) CONTROLS FLOW OF SHARES

3) CONTROLS STOCK FRAUDS

4) CONDUCTING INQUIRIES AND STOCK AUDITS

5) HOSTILE TAKE OVERS AND MERGERS

Islamabad Stock Exchange Lahore Stock Exchange

Karachi Stock Exchange

Location: Islamabad, Pakistan Founded: 25 October 1989 Key people: Imtiaz Haider, Managing Director Currency: PKR No. of listings: 261 Co. Indexes: ISE 10 Index ISE Network Index

Location: Lahore, Pakistan Founded: October 1970 Currency: PKR No. of listings: 671 Co. Market Cap: US$ 30.21 billion Nov 30, 09 Volume: US$ 12 billion. Indexes: LSE 25 Index

Location: Karachi, Pakistan Founded: 18 September 1947 Currency: PKR No. of listings: 652 Co. Market Cap: US$ 32.5 billion - 19 Aug, 2010 Volume: US$ 12 billion Indexes: KSE 100 Index KSE-30 Index KSE-All Shares Index KMI 30 Index

GROWTH : It is biggest and most liquid exchange in Pakistan. In 2002, it was declared as the Best Performing Stock Market of the World. As of December 20, 2007, 671 companies were listed with the market capitalization of Rs. 4364.312 billion (US$ 73 Billion)

Highest Rating: On December 26, 2007, the KSE 100 Index reached its highest value ever and closed at 14,814.85 points. Lowest Rating: November 22, 2008 during the global financial crisis of 2008 it had fallen to 9,187.