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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.
Serai Quarter is home to Pakistan's largest financial centre, with its I. I. Chundrigar Road often referred to as "Pakistan's Wall Street". [15] [16] The Karachi Stock Exchange, now consolidated as part of the Pakistan Stock Exchange, is located on the street.
being "Pakistan's Wall Street" I. I. Chundrigar Road ( Urdu : آئی آئی چندریگر روڈ ), previously known as McLeod Road , is a road located in central business district of Karachi , Pakistan , and is named after former Pakistani Prime Minister Ibrahim Ismail Chundrigar .
July 17: Angry investors attacked the Karachi Stock Exchange in protest at plunging Pakistani share prices. [ 12 ] [ 10 ] July 16 : 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 exacerbates concern about the country's economic woes.
After two consecutive years of more than 20% gains for the S&P 500 (^GSPC) — an achievement not seen since the late 1990s — Wall Street strategists foresee a slower pace of gains for the ...
Wall Street's main indexes notched double-digit gains in 2024, with the benchmark S&P 500 recording its best two-year run since 1997-1998. Those gains were driven by the U.S. Federal Reserve's ...
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
Another climate coalition formed with an aim to limit greenhouse gases globally, Climate Action 100+, has lost JPMorgan Chase , State Street , and Pimco as members. BlackRock transferred its ...