WORLD STOCK EXCHANGE

WORLD STOCK EXCHANGE

· American Stock Exchanges:

Toronto Stock Exchange (TSX)

European Stock Exchanges:

London Stock Exchange (LSE)

London Metal Exchange (LME)

OMX Stock Exchanges (OMX)

Moscow Stock Exchange (MICEX)

Athens Stock Exchange (ASE)

American Stock Exchange (AMEX)

Chicago Mercantile Exchange (CME)

New York Stock Exchange (NYSE)

NASDAQ Stock Exchange

Irish Stock Exchange (ISE)

Italian Stock Exchange (BIT)

Frankfurt Stock Exchange (FSE)

· African Stock Exchanges:

Johannesburg Stock Exchange (JS

· Middle Eastern Exchanges:

Dubai Stock Exchange (DIFX)

· Asian and Pacific Stock Exchanges:

Tokyo Stock Exchange (TSE)

Singapore Exchange (SGX)

Australian Stock Exchange (ASX)

National Stock Exchange of India (NSE)

Karachi Stock Exchange (KSE)

Philippine Stock Exchange (PSE)

Hong Kong Stock Exchange (HKSE)

Bombay Stock Exchange (BSE)

Hyderabad Stock Exchange (HSE

Shanghai Stock Exchange (SSE)

New Zealand Stock Exchange (NZX)

Colombo Stock Exchange (CSE)

KARACHI STOCK EXCHANGE

KARACHI STOCK EXCHANGE

The oldest and largest stock exchange in Pakistan. It was established in 1947, and has historically been known for strong performance and high liquidity. However, the 2008 economic crisis and political instability in Pakistan caused the Karachi Stock Exchange to drop by more than a third between April and June 2008. See also: KSE 100 Index.

History of the Karachi Stock Exchange :

The Karachi Stock Exchange, the oldest exchange in Pakistan, was established in 1947 and became a registered company limited a few years later. Since then it has experienced a remarkable progress with only 5 companies listed and 90 members on the Exchange in the 1950s and 663 listed companies and 200 members in 2006.

In 2002, the Karachi Stock Exchange was recognized internationally by the magazine 'Business Week' as one of the best performing stock markets in the world.

The Karachi Stock Exchange has started trading through the computerized trading system KATS (Karachi Automated Trading System) since 1997. As the demand for Trading Workstations installation has been significant during the consecutive years, today over 1000 KATS workstations are already installed. In 2005, trading in the Internet was also initiated.

Since 1990, corporate entities can become members on the Karachi Stock Exchange. However, they have to meet stringent requirements of the Board of Directors and own a minimum capital of Rs. 20 million (approximately UK �181,000). At the beginning of 2006, 120 corporate members were registered in the Exchange.

The Karachi Stock Exchange introduced KSE 50 Index at the end of the 20th century. However, because of the growth in the stock market, the Index did not represent the stock market performance anymore. Thus, in 1991 a capital weighted KSE 100 Index launched. At the moment, the Exchange successfully trades two world-famous indices - KSE 100 Index and KSE All Share Index, which was introduced in 1995.

PERFORMANCE OF KARACHI STOCK EXCHANGE
As measured by the KSE 100 Index, the Karachi stock market has grown rapidly in the current century. The Karachi Stock Exchange was acclaimed as the best-performing stock market of the world in 2002.

KSE Indices

Evolution of the Karachi Stock Exchange

By 2007, the number of listed companies reached 754 by the year 2007. The market capitalization at the same time was US $52 billion whereas the listed capital was US $8.27 billion. Following the estimates of the State bank Of Pakistan , we see that the foreign investments in the capital market is as large as US $ 523 million.

The performance of the Karachi Stock Exchange has been wavering since the beginning of 2007. This could be because 2007 is an election year.

Karachi Stock Exchange Indices

The Karachi Stock Exchange uses the following index:

50 Shares Index- T his index was used initially but as the market grew there was a need for a new index.

KSE-100: The KSE-100 is a benchmark used to compare prices over a period of time. For the construction of the KSE-100 companies with the highest market capitalization. To make the selection more representative, the companies from all the sectors are chosen. The index was introduced in 1991 with 1000 as base points. By 2001 it has grown to 1770 points, in 2005 to 9989 points and reached a peak of 12285 by 2007. The KSE-100 is a capital weighted index comprised of 100 companies.

KSE-30 : This index was introduced at the end of 2006. it is comprised of 30 most floating stocks. By 1997 the KSE-30 traded at 14199 points.

Arbitration

The disputes that arise between members and the investors in the Karachi Stock Exchange are resolved through the advices of the Arbitration Committee of the Exchange.

Karachi is the capital of the province of Sindh, and the most populated city in Pakistan. It is located on the coast of the Arabian Sea in southeastern Pakistan, northwest of the Indus Delta. The city is the financial and commercial centre as well as the largest port of Pakistan. Population - Census (1998) 9,339,023, Estimate (2006) 11,969,284. Karachi is located in south Pakistan, directly north of the Arabian Sea. The city covers 3527 Square KMs. Karachi mostly comprises flat or rolling plains with hills on the western and northern boundaries of the urban sprawl. Two rivers pass through the city: the Malir River and the Lyari River.

Karachi is the financial capital of Pakistan. It accounts for a lion's share of Pakistan's GDP and generates about 65 per cent of the national revenue. Most of Pakistan's public and private banks have head offices in Karachi. Nearly all of these are located on I.I Chundrigar Road (the Karachi Wall Street) which is fast becoming home to the high rise headquarters of major corporations. The most notable of these are the Habib Bank Plaza, the tallest building in Pakistan before it was surpassed by Muslim Commercial Bank's MCB Tower. The Port of Karachi and nearby Port Qasim are the two main seaports of Pakistan, and Quaid-e-Azam International Airport is the largest airport in Pakistan.

LATEST FOREX RATES 17/1/2010

FOREX RATES

Pakistan Open Market Forex

Rates

Updated at : 17/1/2010 8:39 PM

(PST)

Currency

Buying

Selling

Australian Dollar

77.50

78.50

Canadian Dollar

81.50

82.50

China Yuan

12.00

13.50

Euro

122.00

123.20

Japanese Yen

0.9260

0.9360

Saudi Riyal

22.53

22.75

U.A.E Dirham

23.05

23.30

UK Pound Sterling

137.80

139.00

US Dollar

85

85.50

Central Banks (Governing Banking Organizations)

Central Banks (Governing Banking Organizations)

Afghanistan Central Bank of Afghanistan
Albania Bank of Albania
Algeria Bank of Algeria
Argentina Banco Central de la Republica Argentina
Australia Reserve Bank of Australia
Bahamas Central Bank of The Bahamas
Bahrain Bahrain Monetary Agency
Bangladesh Bangladesh Bank
Barbados Central Bank of Barbados
Bermuda Bermuda Monetary Authority
Brazil Banco Central do Brasil
Bulgaria Bulgarian National Bank
Canada Bank of Canada
Chile Banco Central de Chile
China The People's Bank of China
Colombia Banco de la Republica
Costa Rica Banco Central de Costa Rica
Czech Republic Ceska Narodni Banka
Denmark Danmarks Nationalbank
Dominican Republic Banco Central de la Republica Dominicana
Eastern Caribbean States The Eastern Caribbean Central Bank
Egypt Central Bank of Egypt
Estonia Eesti Pank
Fiji Reserve Bank of Fiji
French Polynesia Banque de France
Hong Kong Hong Kong Monetary Authority
Hungary National Bank of Hungary
Iceland Central Bank of Iceland
India Reserve Bank of India
Indonesia Bank Indonesia
Iran The Central Bank of the Islamic Republic of Iran
Iraq Central Bank Of Iraq
Israel Bank of Israel
Jamaica Bank of Jamaica
Japan Bank of Japan
Jordan Central Bank of Jordan
Kenya Central Bank of Kenya
Kuwait Central Bank of Kuwait
Lebanon Banque du Liban
Malaysia Bank Negara Malaysia
Mauritius Bank of Mauritius
Mexico Banco de Mexico
Morocco Bank Al-Maghrib
New Zealand Reserve Bank of New Zealand
Norway Norges Bank
Oman Central Bank of Oman
Pakistan State Bank of Pakistan
Peru Banco Central de Reserva del Peru
Philippines Bangko Sentral ng Pilipinas
Poland National Bank of Poland
Qatar Qatar Central Bank
Romania National Bank of Romania
Russian Federation Central Bank of Russia
Saudi Arabia Saudi Arabian Monetary Agency
Singapore Monetary Authority of Singapore
Slovakia National Bank of Slovakia

South Africa South African Reserve Bank
South Korea Central bank of South Korea
Sri Lanka Central Bank of Sri Lanka
State of Croatia Croatian National Bank
Sudan Bank of Sudan
Sweden Sveriges Riksbank
Switzerland Schweizerische Nationalbank
Taiwan Bank Of Taiwan
Thailand Bank of Thailand
Trinidad & Tobago Central Bank of Trinidad and Tobago
Tunisia Banque Centrale de Tunisie
Turkey T�rkiye Cumhuriyet Merkez Bankasi
United Arab Emirates Central Bank of United Arab Emirates
United Kingdom Bank of England United States of America Board of
Governors of the Federal Reserve(Washington)
Venezuela Banco Central de Venezuela
Vietnam State Bank of Vietnam
Zambia Bank of Zambia

TODAY FOREX RATES (13/01/2010)

TODAY FOREX RATES (13-01-2010)

Code Currency fcu/CAD

ARS Argentine Pesos 3.7202 3.8598

MXN Mexican Pesos 12.258 12.718

AUD Australian Dollars 1.0432 1.0823

MAD Moroccan Dirham 7.5301 7.8125

BSD Bahamian Dollars 0.9639 1.0000

NZD New Zealand Dollars 1.3002 1.3490

BRL Brazilian Reals 1.6781 1.7411

NOK Norwegian Kroner 5.4318 5.6355

GBP British Pounds 0.5957 0.6180

PKR Pakistani Rupees 81.699 84.763

CAD Canadian Dollars 1.0000 1.0375

PAB Panamanian Balboas 0.9639 1.0000

CLP Chilean Pesos 472.37 490.08

PEN Peruvian New Soles 2.7435 2.8464

CNY Chinese Renminbi 6.5789 6.8257

PHP Philippines Pesos 43.802 45.445

COP Colombian Pesos 1890.4 1961.2

PLN Polish Zloty 2.7020 2.8033

HRK Croatian Kuna 4.8332 5.0145

RUB Russian Rubles 28.425 29.491

CZK Czech Koruna 17.391 18.043

RSD Serbian Dinar 64.641 67.065

DKK Danish Kroner 4.9383 5.1235

SGD Singapore Dollars 1.3383 1.3885

EUR European Euros 0.6637 0.6886

ZAR South African Rand 7.1582 7.4266

FJD Fijian Dollars 1.7950 1.8623

KRW South Korean Won 1079.9 1120.4

XAF French-African Francs 435.35 451.68

XDR Special Drawing Rights 0.6117 0.6346

XPF French-Pacific Francs 79.177 82.146

LKR Sri Lankan Rupees 110.17 114.30

GHS Ghanaian Cedis 1.3667 1.4179

SEK Swedish Krona 6.7889 7.0435

HNL Honduran Lempiras 18.212 18.895

CHF Swiss Francs 0.9792 1.0160

HKD Hong Kong Dollars 7.4747 7.7550

TWD Taiwanese Dollars 30.675 31.825

HUF Hungarian Forint 177.75 184.41

THB Thai Baht 31.837 33.031

ISK Icelandic Krona 119.57 124.06

TTD Trinidad&Tobago Dollars 6.1312 6.3611

INR Indian Rupees 43.975 45.624

TND Tunisian Dinars 1.2601 1.3073

IDR Indonesian Rupiah 8849.6 9181.4

TRY Turkish New Lira 1.4009 1.4535

ILS Israeli New Shekels 3.5537 3.6869

USD U.S. Dollars 0.9639 1.0000

JPY Japanese Yen 87.719 91.009

VEF Venezuelan Bolivares 2.5031 2.5970

MYR Malaysian Ringgit 3.2227 3.3435

VND Vietnamese Dong 17857 18527