Karachi Stock Exchange

Karachi Stock Exchange
کراچی بورس
TypeStock exchange
LocationKarachi, Pakistan
FoundedAugust 14, 1947 (1947-08-14)
ClosedJanuary 11, 2016 (2016-01-11)
OwnerPakistan Stock Exchange
Key peopleNadeem Naqvi, Managing Director
CurrencyPakistani rupee
CommoditiesShares & rights, corporate participation certificates, futures
No. of listings576 companies
Market capRs. 9.2 trillion (US$32 billion)[1]
VolumeRs. 1.3 trillion (US$4.5 billion)
Websitepsx.com.pk

The Karachi Stock Exchange (Urdu: کراچی بورس or PSX-KSE) was a stock exchange located in Karachi, Pakistan. Since 1947, it has been located at the Stock Exchange Building on I. I. Chundrigar Road. It has now been consolidated in the Pakistan Stock Exchange, along with the Lahore Stock Exchange and Islamabad Stock Exchange.[2] The KSE was Pakistan's largest and oldest stock exchange. According to Bloomberg, the Pakistani benchmark stock market index is the third-best performer in the world since 2009.[3] In June 2015, Khaleej Times reported that since 2009, Pakistani equities delivered 26% a year for US dollar investors, making Karachi the top-performing stock exchange in the world.[4][5]

  1. ^ "About Pakistan Stock Exchange (www.psx.com.pk)". www.ksestocks.com.
  2. ^ "Pakistan Stock Exchange formally launched". Dawn.
  3. ^ "Pakistan central bank cuts benchmark rate to 42-year low". AFRWEEKEND. May 24, 2015. Archived from the original on May 24, 2015. Retrieved May 24, 2015.
  4. ^ "KSE world's best performing frontier stock market: report". The Express Tribune. June 3, 2015. Archived from the original on June 11, 2015. Retrieved Jun 8, 2015.
  5. ^ "Pak equities to extend bull run on strong fundamentals". Khaleej Times. June 1, 2015. Archived from the original on June 1, 2015. Retrieved June 8, 2015.

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