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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 [1] and the base period for this Islamic index is 30 June 2008. It was created as a joint effort by the Karachi Stock Exchange (now known as ...
It confirmed Karachi’s status as Pakistan’s largest economy, well ahead of the next two biggest cities Lahore and Faisalabad, which had a reported GDP (PPP) in 2008 of $40 billion and $20.5 billion, respectively. [14] Karachi's high GDP is based on its large industrial base, with a high dependency also on the financial services sector.
Karachi. Town. Saddar Town. The Empress Market ( Urdu: ایمپریس مارکیٹ, Sindhi: ايمپريس مارڪيٽ) is a marketplace situated in the Saddar Town locality of Karachi, Pakistan. The market traces its origins to the British Raj era, when it was first constructed. [1] Today, it is amongst the most popular and busy places for ...
The KSE-100 is a capitalisation-weighted index and consists of 100 companies representing about 90 percent of market capitalisation of the Exchange. In 1995, the need was felt for an all share index to reconfirm the KSE-100 and also to provide the basis of index trading in future. On August 29, 1995, the KSE all share index was constructed and ...
Zong (mobile network) CMPak Limited [1] [2] ( Urdu: زونگ ), doing business under brand name Zong, is a Pakistan based mobile data network operator, owned by China Mobile. [3] It is the first overseas setup of China Mobile through acquisition of a license from Millicom to operate a GSM network in Pakistan in 2008. [4]
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 ...
KIBOR. The Karachi Interbank Offered Rate ( KIBOR) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Karachi wholesale (or "interbank") money market. [1] The banks used it as a benchmark in their lending to corporate sector.
Karachi Stock Exchange. The Karachi Stock Exchange ( Urdu: کراچی بورس or PSX-KSE) 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 ...
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