Karachi Stock Exchange

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Karachi Stock Exchange


Location of Karachi Stock Exchange in Pakistan Type Location Founded Owner Key people Currency No. of listings MarketCap Volume Indexes Website Stock Exchange Karachi, Pakistan August 14, 1947; 65 years ago Karachi Stock Exchange Limited Haroon Askari, AMD Pakistani Rupee 652 US$ 53.3 billion - (28 May, 2013)[1] US$ 12 billion KSE 100 Index KSE-30 Index KSE-All Shares Index KMI 30 Index www.kse.com.pk

967 on May 16. Sindh Province of Pakistan.22 trillion (US$ 53. II Chundrigar Road.2 Friday 3 Growth 4 2008 and 2009 Karachi Stock Exchange Crisis 5 Disputes 6 See also 7 References 8 External links History Founded in 1948.03:30 pm Friday Session Timing Pre-open Trading Session 09:15 am .The Karachi Stock Exchange (KSE). Karachi. The KSE-100 Index closed at 11. 8.95 trillion (US$ 35 billion approximately) on July 30. Total market capitalisation of the KSE reached Rs 2. Hours of Operation Monday to Thursday Session Timing Pre-open Trading Session 09:15 am . 2805. with many Pakistani consortium as well as overseas enterprises listings.02:30 pm .12:00 pm Break 12:00 pm . As on May 28. Contents         1 History 2 Hours of Operation o 2. is a stock exchange currently located at the Stock Exchange Building (SEB) on Stock Exchange Road. 2009 with a market capitalization of Rs.5 billion) having listed capital of Rs. in the heart of Karachi's Business District.09:30 am Trading Session 09:30 am . Karachi Stock Exchange (KSE) is the biggest and most liquid exchange in Pakistan.873 billion (US$ 40. 5.09:30 am 1st Trading Session 09:30 am . total market capitalisation reached Rs.1 Monday to Thursday o 2. A total of 654 companies were listed on December 8. 2011.561 trillion (US$ 120.[2] It is Pakistan's largest and one of the oldest stock exchange in South Asia by market capitalization. 2011. It was declared the “Best Performing Stock Market of the World for the year 2002”.615 billion). 2013.3 billion approximately).

KSE's normal trading sessions are on all days of the week except Saturday. there are two trading sessions and KSE observe Friday prayer break in between. 2008 resulted in the unexpected increase in the interest rates by State Bank of Pakistan which eventually resulted in sharp fall in Karachi Stock Exchange. as a new direction for future investment. By August 29.814.3 billion (US$ 12 billion). 2008 and 2009 Karachi Stock Exchange Crisis   April 20 : Karachi Stock Exchange achieved a major milestone when KSE-100 Index crossed the psychological level of 15. KSE-30. around 20pc of the total free float in KSE-30 Index is held by foreign participants. 2.04:30 pm The hours of operation for the KSE quoted above are stated in terms the local time (GMT + 5:00). As of December 8. KSE-100 index is used as a benchmark to compare prices overtime and companies with the highest market capitalization from each sector are selected and included in it to ensure full market representation.561 trillion (US$ 30. 1991 the KSE-100 was introduced and remains to this day the most generally accepted measure of the Exchange. According to a research analyst in Pakistan.737.5 Billion) having listed capital of Rs.2nd Trading Session 02:30 pm .[6][7] .000 for the first time in its stock exchange history and peaked 15.[4][5] May 23: Record high inflation in the month of May. the KSE-100 Index closed at 14. 2009. In 1995.32 on 20 April 2008. 717. On November 1. 2007. On December 26. 652 companies were listed with the market capitalization of Rs.4 per cent in 2008 made it the best performer among major emerging markets. At present. Sundays and holidays declared by the Exchange in advance. their plans to construct a 40 story high rise KSE building. KSE-100 and KSE-All Share Index). the increase of 7. On Friday. the KSE has four market indices (KMI-30. 1995 the KSE-All Share Index was constructed which became operative on September 18. Karachi stock exchange Board of Directors announced in 2007. 1995. According to estimates from the State Bank of Pakistan.[3] Growth The KSE is the biggest and most liquid exchange in Pakistan and in 2002 it was declared as the “Best Performing Stock Market of the World” by Business Week. The exchange began with the KSE-50 index.85 points. the need was felt for an all share index to reconfirm the KSE-100 and also to provide the basis of index trading in future. Foreign buying interest had been very active on the KSE in 2006 and continued in 2007. foreign investment in capital markets total about US$523 Million. Moreover. As the market grew a representative index was needed.

^ Karachi Stock Exchange reaches record high .[13] December 15: Trading resumes after the removal of floor on stock prices that was set on August 28 to halt sharp falls.[11][12] August 28 :Karachi Stock Exchange set a floor for stock prices to halt a plunge that has wiped out $36. Karachi Stock Exchange via Wikinvest 4. ^ Houreld. 2008 as rising pressure on shaky Pakistan's coalition government to tackle Taliban militants exacerbates concern about the country's economic woes.com 8. 3. After Unexpected Rate Rise . ^ Monster & Critics 6.Bloomberg 10. See also         KSE 100 Index. ^ Forbes. Led by Banks.[14][15] December 06 2012 :Karachi Stock Exchange KSE hits third straight record high In Its HistoryHistory[16] Disputes Disputes between investors and members of the Exchange are resolved through deliberations of the Arbitration Committee of the Exchange. ^ Pakistan Stocks Slump. ^ Pakistani Investors Stone Exchange as Stocks Plunge . ^ Market Hours. "Insight: Pakistan's booming market no black and white matter". Yahoo News. Islamabad Stock Exchange. ^ [1] 2. ^ Billions wiped off on KSE‟s „black Friday‟ .BBC News 9. Lahore Stock Exchange.com .9 billion of market value since April. Katharine (10 April 2013). Retrieved 10 April 2013.[10] August 18: KSE 100 Index rose more than 4% after the announcement of the resignation of President Pervez Musharraf but Credit Suisse Group said that Pakistan's PostMusharraf rally in Stock Exchange will be short-lived because of a rising fiscal deficit and runaway inflation.[8][9] July 16 : KSE-100 Index dropped one-third from an all-time high hit in April.Gulf News 5.      July 17 :Angry investors attacked the Karachi Stock Exchange in protest at plunging Pakistani share prices. ^ Protest over Pakistan share slump .Bloomberg 7. 128 Securities Economy of Pakistan Economy of Karachi List of Pakistani companies List of stock exchanges References 1.Dawn.

Credit Suisse Says . ^ Pakistan Stock Index Is Little Changed. ^ Pakistan‟s Stock Index Falls to 2-Year Low After Lifting Curbs . Trading Limits Remain Bloomberg 14.BBC News 12. ^ Pakistan shares up on resignation . ^ Approved Ranking of World | 1reservoir External links  Karachi Stock Exchange Website [show]    v t e Karachi topics [show]    v t e Economy of Pakistan [show]    v t e World Federation of Exchanges (WFE) Categories:      Karachi Stock Exchange Stock exchanges in Asia Stock exchanges of Pakistan Economy of Pakistan Buildings and structures in Karachi . ^ Pakistan's Post-Musharraf Rally Will Falter.Bloomberg 15. ^ The Avoidable collapse of Karachi Stock Exchange 2008 .KSE 16.11.Bloomberg 13.

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