Pakistan Stock Exchange

Pakistan Stock Exchange Limited
FormerlyKarachi Stock Exchange Limited
Company typeStock exchange
PSX
Founded11 January 2016; 8 years ago (2016-01-11)
(Originally Karachi Stock Exchange founded on 18 September 1947)
Headquarters
Karachi-74000
,
Pakistan
Key people
Shamshad Akhtar (Chairperson and Independent Director)
Farrukh H. Khan (CEO and Managing Director)
RevenueDecrease Rs. 1.464 billion (US$5.1 million) (2023)
Decrease Rs. 219.589 million (US$760,000) (2023)
Total assetsIncrease Rs. 13.036 billion (US$45 million) (2023)
Total equityIncrease Rs. 10.395 billion (US$36 million) (2023)
OwnersChina Financial Futures Exchange (17%)
Shanghai Stock Exchange (8%)
Shenzhen Stock Exchange (5%)
Pak China Investor Company (5%)
Habib Bank Limited (5%)
Number of employees
231 (2023)
Websitepsx.com.pk
dps.psx.com.pk
Footnotes / references
Financials as of 30 June 2023[1]
Coordinates24°50′50.7″N 66°59′53.9″E / 24.847417°N 66.998306°E / 24.847417; 66.998306
CurrencyPakistani rupee (₨) (PKR)
No. of listings523 (September 2023)[2]
Market capRs. 10.784 trillion (US$37 billion) (26 Sep 2024)[3]
VolumeRs. 18.380 billion (US$64 million) (26 Sep 2024)[3]
IndicesKSE 100 Index
KSE-30 Index
KSE ALL Index
KMI 30 Index
KMI ALL Index

The Pakistan Stock Exchange (PSX) (Urdu: پاکستان اسٹاک ایکسچینج), 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.[6]

Pakistan Stock Exchange was founded in 1947 as Karachi Stock Exchange, In January 2016, Karachi Stock Exchange was renamed as Pakistan Stock Exchange after the merger of the Lahore Stock Exchange and Islamabad Stock Exchange.[7]

Investors on the exchanges include 1,886 foreign institutional investors and 883 domestic institutional investors along with about 220,000 retail investors. There are also about 400 brokerage houses which are members of the PSX as well as 21 asset management companies.[8][9]

  1. ^ "Pakistan Stock Exchange Annual Report 2023". Retrieved 23 August 2024.
  2. ^ Alam, Kazim (7 September 2023). "PSX chief hints at new wave of IPOs". DAWN.COM. Retrieved 17 March 2024.
  3. ^ a b "PSX at historic highest-ever level". Business Recorder. 26 September 2024. Retrieved 1 October 2024.
  4. ^ "Pakistan Stock Exchange formally launched". Dawn. Pakistan. 11 January 2016. Retrieved 9 October 2022.
  5. ^ "Pakistan Stock Exchange formally launched | Pakistan Today". archive.pakistantoday.com.pk. 11 January 2016.
  6. ^ "MSCI Downgrades Pakistan to Frontier Market After Four Years". Bloomberg. 7 September 2021 – via www.bloomberg.com.
  7. ^ "Ishaq Dar formally launches Pakistan Stock Exchange". The News International. Retrieved 24 February 2022.
  8. ^ "Pakistan Stock Exchange: a quantum leap for Pakistan's capital market". DailyTimes. Retrieved 22 February 2016.
  9. ^ "Stock exchange: Pakistan likely to win emerging market status". The Express Tribune. 10 June 2015. Retrieved 22 February 2016.