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The Lahore Stock Exchange (LSE) was established in October 1970, under the Securities and Exchange Ordinance, 1969 by the Government of Pakistan in response to the needs for the provincial capital of Punjab. [2] It initially had 83 companies listed and was headquartered at Bank Square in Lahore. The number of listed companies increased to 519 ...
The Pakistan Stock Exchange (PSX) came into existence in January 2016 when the Government of Pakistan decided to merge the three large exchange markets of the country (based in Karachi, Lahore, and Islamabad) into one combined market. [15] The PSX was launched on 11 January 2016.
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 ...
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 .
On 17 August 1947, Lahore was awarded to Pakistan on the basis of its Muslim majority in the 1941 census and was made capital of the Punjab province in the new state of Pakistan. The city's location near the Indian border meant that it received large numbers of refugees fleeing eastern Punjab and northern India, though it was able to ...
Following the international credit crisis and spikes in crude oil prices, Pakistan's economy could not withstand the pressure, and on 11 October 2008, the State Bank of Pakistan reported that the country's foreign exchange reserves had gone down by $571.9 million to $7,749.7 million. [64]
Shakarganj Limited is a publicly traded company traded on the Pakistan Stock Exchange. [3] [4] In March 2003, the company produced more than 90,000 tons of sugar. [5] In August 2008, a new biogas power plant in Jhang, Pakistan was inaugurated which will generate enough power to support more than 50,000 homes. [6]
Pakistan and its two largest city economies. Source: [1] As of 2019, Lahore had an estimated GDP of $84 billion. [2] [3] As of 2008, the city's gross domestic product (GDP) by purchasing power parity (PPP) was estimated at $40 billion (projected to be $102 billion by the year 2025, with a slightly higher growth rate of 5.6% per annum, as compared to Karachi's 5.5%).