Pakistan’s stock exchange market with trading centers in Karachi, Islamabad, and Lahore. The Pakistan Stock Exchange was given the status of Frontier Market by MSCI on September 8, 2021. Pakistan Stock Exchange was established on January 11, 2016, after merging Karachi Stock Exchange, Islamabad Stock Exchange, and Lahore Stock Exchange. And it was included in the top ten stock markets in the world in 2015. As of January 2022, about 375 companies have partnered with the Pakistan Stock Exchange. Whose total market capitalization is 7 ٫ 756 PKR billion. Lahore Stock Exchange Limited came into existence in October 1970 under the Securities and Exchange Ordinance 1969 of the Government of Pakistan in accordance with the requirements of the Provincial Metropolis of Punjab Province. Investors on the exchange include 1,886 foreign institutional investors and 883 domestic institutional investors and approximately 220,000 retail investors.
There are also about 400 brokerage houses. As well as PSX, there are 21 asset management companies. The Karachi Stock Exchange is one of the best frontier stock markets in the world. Thereafter, between 2009 and 2015, the Karachi Stock Exchange provided an average annual return of 26%. In December 2016, PSX sold 40% of its strategic shares to a Chinese consortium, Shem, for the US $ 85 million. On May 27, 2021, the highest volume in history was recorded at 2.20 billion shares. It broke the first record of 1.56 billion recorded on May 26, 2021.
History
The Stock Exchange was founded in January 2016 when the Pakistani government transformed the country’s three largest exchange markets (including Karachi, Lahore, and Islamabad) into a common market.
Pakistan Stock Exchange Karachi
Karachi Stock Exchange was established on 18th September 1947. The market was registered in Pakistan and was located in the Stock Exchange Building on the Stock Exchange Road in the business district centers of Karachi near I. I. Chundrigar Road. It is the largest stock exchange in Pakistan. And it was included in the top ten stock markets in the world in 2015. According to Bloomberg, the Pakistani benchmark stock market index is the best performing in the world since 2009. According to the Khaleej Times, from 2009 to 2015, the US dollar provided 26% profit to investors. That is why the Karachi Stock Exchange is considered to be the best performing exchange in the world. As of July 10, 2015, the total market capitalization (PKR) had reached Rs 7.73 trillion.
Lahore
Lahore Stock Exchange is located in Lahore, Pakistan. The Lahore Stock Exchange came into existence in October 1970 under the Securities and Exchange Ordinance 1969 of the Government of Pakistan in accordance with the requirements of the Provincial Metropolis of Punjab. Initially, it had 83 members. It was built in a rented building in the crowded Bank Square area of Lahore.
Islamabad
The Islamabad Stock Exchange was the youngest of the three exchanges in Pakistan. It is located in the capital Islamabad. The Islamabad Stock Exchange was incorporated on October 25, 1989, as a Guarantee Limited Company. It is located in the Islamabad Stock Exchange Tower. This 22-story building is also one of the tallest buildings in Islamabad. The total area under the building is 562 x 629 square feet. And it has 18 floors in addition to the three-level basements and ground.
Pakistan Stock Exchange Sharing
The partnership started on January 11, 2016. Prior to the official PSX launch, the Karachi Stock Exchange had all the certificate holders of the three exchanges. So that a two-day pre-production tip trading session can be held. The merger of the three exchanges was approved by a joint sitting of Parliament. The second phase of Stock Exchange Demutualization and Integration 2012 has been completed. The record high trading volume of 2.20 billion shares was recorded on May 27, 2021. It broke the May 26, 2021 record of 1.56 billion shares.
Short Information
| Name | Information |
|---|---|
| Type | PSX |
| Head Location | Karachi – 74000 , Pakistan |
| Branch Office | Lahore , Islamabad , Peshawar |
| Coordinates | 24°50’50.7″N 66°59’53.9″E |
| Founded | 11 January 2016 |
| Holders | China Financial Futures Exchange (17%) , Shanghai Stock Exchange (8%) , Shenzhen Stock Exchange (5%) , Pak China Investor Company (5%), Habib Bank Limited (5%), Local and Foreign Investors (60%) |
| Important People | Shamshad Akhtar (Chairperson / Independent Director) , Farrukh H. Khan (CEO / Managing Director) |
| Currency | Rs. Pakistani Rupees (PKR) |
| Companies Listed | 500 + |
| Companies are Distributed | 35 Sectors + |
| No. of Listings | 379 + |
| Market Cap | RS. 7.756 Trillion (10 Dec 2021) |
| Volume | Rs. 4.228 Billion (10 Dec 2021) |
| Indexes | KSE 100 Index, KSE-30 Index, KMI 30 Index |
| Indexes | KSE 100 Index, KSE-30 Index, KMI 30 Index |
| Offical Website | Click Here |
| Video |
