Karachi Stock Exchange

Karachi Stock Exchange

File:KSE logo.gif
Type	Stock Exchange
Location	Karachi, Pakistan
Founded	1947
Owner	Karachi Stock Exchange Limited
Key people	Adnan Afridi, CEO
Currency	PKR
No. of listings	671
Market cap	US$ 73 billion
Volume	US$ 12 billion
Indices	KSE 100 Index KSE-30 Index
Website	www.kse.com.pk

The Karachi Stock Exchange or KSE is a stock exchange located in Karachi, Sindh, Pakistan. Founded in 1947, it is Pakistan's largest and oldest stock exchange, with many Pakistani as well as overseas listings. Its current premises are situated on Stock Exchange Road, in the heart of Karachi's Business District.

Business

Trading

Trading Hours: From 09:45am to 02:15pm.On Friday from 09:30 to 12:00 and Second Session from 2:30pm to 4:00pm. second oldest stock exchange in south asia.

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”. As of December 20, 2007, 671 companies were listed with the market capitalization of Rs. 4364.312 billion (US $ 73 Billion) having listed capital of Rs. 717.3 billion (US $ 12 billion). On December 26, 2007, the KSE 100 Index reached its ever highest value and closed at 14,814.85 points. KSE has been well into the 4th year of being one of the best performing markets of the world as declared by “Business Week”. Similarly USA Today termed Karachi Stock Exchange as one of the best performing bourses in the world. [1]

Foreign buying interest had been very active on the KSE in 2006 and has continued in 2007 so far. According to estimates from the State Bank of Pakistan, foreign investment in capital markets total about $523 Million US. According to a research analyst in Pakistan, around 20pc of the total free float in KSE-30 Index is held by foreign participants.

KSE has seen some fluctuations since the start of 2008. One reason could be that it is the election year in Pakistan, and stocks are expected to remain dull. KSE has set an all time high of 15,000 points, before settling around the 14,000 mark. Result season in June and better payout expectations can drive the market to record level high again.

Karachi stock exchange Board of Directors has recently (2007) announced plans to construct a 40 story highrise KSE building , as a new direction for future investment.

Karachi Stock Exchange is the biggest and most liquid exchange and has been declared the Best Performing Stock Market of the World for the year 2002. As on March 31, 2006, 663 companies were listed with A market capitalization of Rs. 3,257.062 billion (US $ 54.28) having listed capital of Rs. 486.489 billion (US $ 8.11 billion). The KSE 100 Index closed at 11485.90 on March 31, 2006.

KSE has been well into the 4th year of being one of the Best Performing Markets of the world as declared by the international magazine “Business Week”. Similarly the US newspaper, USA Today, termed Karachi Stock Exchange as one of the best performing bourses in the world.

KSE is well into the 4th year of being one of the Best Performing Markets of the world as declared by the international magazine “Business Week”. Similarly the USA newspaper, USA Today, termed Karachi Stock Exchange as one of the best performing bourses in the world.

Interesting to note that on google trends when you type in the term "stock exchange" the most popular place for typing the term stock exchnage is the city of Karachi.

Disputes between investors and members of the Exchange are resolved through deliberations of Arbitration Committee of the Exchange.

KSE began with a 50 shares index. As the market grew a representative index was needed. On November 1st, 91 the KSE-100 was introduced and remains to this day the most generally accepted measure of the Exchange. Karachi Stock Exchange 100 Index (KSE-100 Index) is a benchmark used to compare prices overtime, companies with the highest market capitalization are selected. To ensure full market representation, the company with the highest market capitalization from each sector is also included.

In 95 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. On August the 29th, 95 the KSE all share index was constructed and introduced on September 18, 1995.

Names for city of Karachi in different nations

Karatschi in German

Karaçi in Turkey

Karacio in Esperanto

See also

• KSE 100 Index
• Lahore Stock Exchange
• Islamabad Stock Exchange
• Economy of Pakistan
• Economy of Karachi
• List of Pakistani companies
• List of stock exchanges

External links

• Karachi Stock Exchange Website
• Virtual Karachi Stock Exchange
• Fund Managers Resource
• Hafiz Investors Service - Equity Research & Analysis for the Pakistani Investor
• A Memorable Year for Pakistani bourses, Dawn, Dec. 31, 2002
• Who parented the stock market boom?, Dawn, Jan. 20, 2003
• Stockpk.com: Karachi Stock Exchange News and Trading Tips
• Karachi Stock Exchange Forum
• Financial News & Research Portal mainly for Karachi Stock Exchange
• Tezi Mandee - Comprehensive Community Of Pakistani Investors & Traders