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The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. [ 4 ] [ 5 ] PSX was classified by MSCI as a frontier market on 8 September 2021.
The KSE-30 Index is a stock market index which tracks the performance of the top 30 most liquid companies listed on the stock exchanges in Pakistan. [1] The index is based on a free float methodology [2] in differentiation to other indices based of paid-up capital. [3] The KSE-30 Index was launched and implemented by the Karachi Stock Exchange ...
Karachi is now Pakistan's premier industrial and financial centre. The city has a formal economy estimated to be worth $190 billion as of 2021, which is the largest in the country. [36] [37] Karachi collects 35% of Pakistan's tax revenue, [38] and generates approximately 25% of Pakistan's entire GDP.
Jodia Bazaar (Urdu: جوڑیا بازار) is a bazaar located in Karachi, Pakistan. [1] The bazaar comprises a wholesale market for commodities including flour, wheat, rice, sugar, and legumes. [2] [3] Jodia Bazaar is also known as the main market of hand fans in Pakistan. [4]
Adamjee Group (Urdu pronunciation: [ˈaː.dəm.dʒiː] AH-dum-jee) is a group of companies headquartered in Karachi, Pakistan. The group was previously headed by Sir Adamjee Haji Dawood. As of 2007, it is unofficially estimated that the owners of Adamjee Group are among the top 40 wealthiest families in Pakistan. [1]
The Deputy High Commission of Bangladesh in Karachi is a diplomatic mission of Bangladesh in Pakistan. It is located in Phase VI of the Defence Housing Authority in Karachi . [ 1 ] [ 2 ] The presently designated Deputy High Commissioner is S. M. Mahbubul Alam, who was appointed in 2021. [ 1 ]
As a consequence thereof, its name has been changed as Islamabad Stock Exchange Limited. With effect from January 11, 2016 the Islamabad Stock Exchange was integrated with the Karachi Stock Exchange Limited under the Stock Exchanges (Corporatisation, Demutualization and Integration) Act, 2012 to form the Pakistan Stock Exchange .
In April 2015, the Government of Pakistan sold its 41.5% stake or 609 million shares in the bank for $1.02 billion. [15] According to the finance ministry, the strike price of Rs. 168 per share (compared to the floor price of Rs. 166 per share) was recommended by the Privatisation Commission Board. The bank's owners now comprise the Aga Khan ...