The Cotton Exchange, Karachi is located in Karachi, Sindh, Pakistan. [1] It is the largest cotton trading exchange in Pakistan.
The Cotton Exchange, Karachi is located in Karachi, Sindh, Pakistan. [1] It is the largest cotton trading exchange in Pakistan.
Founded in 1933, it is the oldest commodity exchange in Pakistan. [2]
The exterior of the structure has remained intact over time. [1] The façade is as beautiful as it was when it was initially built. [1] There are small indications of wear and tear, but the interiors have not changed considerably. [1] The unchanged furnishings, slow-moving ceiling fans, and historic portraits that adorn the building's walls preserve its authenticity. [1]
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according to the International Monetary Fund (IMF).
The Karachi Stock Exchange 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. 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. 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.
LSE Group, formerly known as Lahore Stock Exchange is a Pakistani investment company based in Lahore, Pakistan. LSE Group consists of two company: LSE Proptech and LSE Ventures, both of them are listed on the Pakistan Stock Exchange.
The Islamabad Stock Exchange was a stock exchange located in Islamabad, Capital Territory, Pakistan. In 2016, it merged with the Pakistan Stock Exchange.
The KSE-100 Index is a stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period.
Karachi is the financial and industrial capital of Pakistan. As of 2019, Karachi has an estimated GDP (PPP) of $164 billion. The city accounts about half of the total collections of the Federal Board of Revenue, out of which, approximately half are customs duty and sales tax on imports. Karachi produces about 30 percent of value added in large-scale manufacturing, 25% of the GDP, the World Bank identified Karachi as the most business-friendly city in Pakistan. In 2010, research by the global human resources company Mercer found Karachi to be the most inexpensive city in the world.
I. I. Chundrigar Road, 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. The road serves as the spine of Pakistan's largest financial centre, and is frequently referred to as "Pakistan's Wall Street". It is oriented on an east-west basis and links Dr. Ziauddin Ahmed Road in the east to Merewether Tower in the west.
Oil and Gas Development Company Limited, commonly known as OGDCL is a Pakistani state-owned oil and gas company headquartered in Islamabad. It has a primary listing on the Pakistan Stock Exchange, and secondary listing on the London Stock Exchange. The rest are held by private investors. For the financial year 2022, it reported net sales of Rs 335.46 billion and profit of Rs 133.78 billion.
The Corporate sector of Pakistan is an elite business sector expanded in financial cities of Pakistan, and a policy measure programme in the economic period of Pakistan. This programme is also regarded as "Pakistan Inc.", which is a common term used by the mass-media of Pakistan to refer to the corporate sector of the nation. The current policy measure programme is the Companies Ordinance 2016 that legally allows a variety of formations in the mixed economy of Pakistan.
The Sui Southern Gas Company (SSGC), (سوئی سدرن گیس کمپنی) formerly known as Sui Gas Transmission Company Limited, is a Pakistani state-owned natural gas supply company based in Karachi, Pakistan.
Hashoo Group is a Pakistani conglomerate company which is active in hospitality, oil and gas sectors. It was founded in 1960 by Saddaruddin Hashwani in Karachi.
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. The index is based on a free float methodology in differentiation to other indices based of paid-up capital.
Honda Atlas Cars Pakistan is a Pakistani automobile manufacturer which is a subsidiary of Japanese car maker Honda. Founded in 1992, as a joint venture between Honda Motor and Atlas Group, it is based in Lahore, Pakistan.
KSE Meezan Index (KMI–30) is a stock market index on the Pakistan Stock Exchange in Pakistan of thirty companies that have been screened for Islamic Shariah criteria. The index was introduced in 2009 and the base period for this Islamic index is 30 June 2008. It was created as a joint effort by the Karachi Stock Exchange and Al-Meezan Investment Bank.
Aqeel Karim Dhedhi is a Pakistani business tycoon and stock trader who is the founder and chairman of the AKD Group. The umbrella of AKD Group includes Financial Services, Real Estate, Telecom, Infrastructure and Natural Resources.
The Pakistan Stock Exchange is a stock exchange in Pakistan with trading floors in Karachi, Islamabad, and Lahore. The Lahore floor has a subfloor in Sialkot. PSX was classified by MSCI as a frontier market on 8 September 2021.
Muhammad Arif Habib is a Pakistani business magnate and stock market trader who is the founder of the Arif Habib Group. As of 2012, Arif Habib Group had 11,000 employees and annual revenue of Rs. 100 billion. He also serves as member of Boards of Governors of Karachi School of Business and Leadership (KSBL).
Nishat Group is a Pakistani multinational conglomerate company which is based in Lahore, Pakistan. The company was founded by Pakistani business magnate Mian Muhammad Yahya in 1951. Mian Muhammad Mansha is the current chairman of the group.
Serai Quarter, sometimes called Serai Quarters, is a neighbourhood in central Karachi, Pakistan that according to Pakistan forms much of its historic central business district. In addition to Karachi's financial centre centred on Serai Quarter's I. I. Chundrigar Road, Serai Quarter contains over 200 "historic buildings", which make up about 37% of all building plots in the quarter. Of these, 78 are protected by the Sindh Cultural Heritage Preservation Act of 1994.
On 29 June 2020, Balochistan Liberation Army (BLA) militants attacked the Pakistan Stock Exchange (PSX) building in Karachi with grenades and by firing indiscriminately. At least three security guards and a police sub-inspector were killed, while seven people were injured during the attack. Police reported that they killed all four attackers within 8 minutes.