Presented to: MAM AAMIRA CHOUHDARY

Presented By: fAsIh Ur rEhMaN

ROLL NO: BC07007
CLASS: BCOM 3RD (MORNING)
EXPECTED DATE
OF PRESENTATION: 4-12-2008
 á



‡ A ë

  ë ë
 is
a c
 ati  mutual  aizati which
ides
"t adi" facilities f stck b ke s ad t ade s,
t t ade stcks ad the secu ities.
  

á


‡ In 11th century French were concerned with managing and
regulating the debts of agricultural communities on behalf of
the banks. As these men also traded in debts, they could be
called the first brokers

‡ In the middle of the 13th century, Venetian bankers began to

trade in government securities

‡ The Dutch later started joint stock companies, which let

shareholders invest in business ventures and get a share of
their profits or losses

‡ In 1602, the Dutch East India Company issued the first shares
on the Amsterdam Stock Exchange. It was the first company to
issue stocks and bonds. In 1688, the trading of stocks began on
a stock exchange in London
  
‡ Raising capital for businesses
‡ Mobilizing savings for investment
‡ Facilitating company growth
‡ Redistribution of wealth
‡ Corporate governance
‡ Creating investment opportunities for small investors
‡ Government capital-raising for development projects
‡ Barometer of the economy
 á  

‡ Karachi Stock Exchange (KSE)

‡ Lahore Stock Exchange (LSE)

‡ Islamabad Stock Exchange (ISE)

 
á á
‡ November 1, 1991 the KSE-100 was introduced

‡ The KSE-100 is a capital weighted index and consists

of 100 companies

‡ Represents about 86 percent of market capitalization

of the Exchange
 2
á 2á
‡ Established in October 1970.

‡ Lahore Stock Exchange is the second largest and

first automated stock exchange of Pakistan

‡ Second largest stock exchange in the country with a

market share of around 12-16% in terms of daily
traded volumes.
 Yá2
á Yá
‡ Incorporated as a guarantee limited Company on 25th
October, 1989 in Islamabad

‡ The purpose for establishment of the stock exchange

in Islamabad was to cater to the needs of less
developed areas of the northern part of Pakistan
 á    !

‡ An increase in stock prices causes an increase in

wealth, and consequently an increase in consumer
spending.

‡ Investment is also affected by higher stock prices.

With a higher stock price, a firm can raise more
money per share to finance investment projects.
  á "#$
%&''(

‡ #&')

‡ KSE-100 Index crossed the psychological level of

15,000 for the first time in its history

‡ Moreover, the increase of 7.4 per cent in 2008

made it the best performer among major emerging
markets
  á "#$
%&''(

&*)

‡ Record high inflation in the month of May, 2008.

Resulted in sharp fall in Karachi Stock Exchange

+,-. )

‡ KSE-100 Index dropped one-third from an all-time high hit in

April, 2008 as rising pressure on shaky Pakistan's coalition
government to tackle Taliban militants
  á "#$
%&''(
+,-/ )

‡ Angry investors attacked the Karachi Stock

Exchange in protest at plunging Pakistani share
prices

,, -()

‡ KSE 100 Index rose more than 4% after the

announcement of the resignation of President
Pervez Musharraf
  á "#$
%&''(
,, &( )
‡ Karachi Stock Exchange set a floor for stock prices
to halt a plunge that has wiped out $36.9 billion of
market value since April

 0&*)
‡ The government has also given Rs 30 billion guarantee to foreign
investors, who would avail put options.

 0&/)
‡ The government has established a Rs 20 billion open-end fund to be
injected into the stock market for providing a soft landing to the
market on its opening on October 27, 2008.
  á "#$
%&''(
-&  1!0
‡KSE-100 index remained unchanged at
9183.14 points
&.  1!0
The KSE-100 index remained at a stand still at
9,187.10. The low trading activities could have
resulted that 3 participating banks have shown
reluctance to forward their promised share.
-  )
‡KSE-100 index remained unchanged at 9187.10 points
 2RA
EX
÷E Freá

áAA
AADD EX2
2008 (c)