ISE annual meet elects 5 new member directors

ISLAMABAD: Islamabad Stock Exchange (ISE) in its 20th annual meeting held elected five new member directors here.The newly elected five member directors included Chaudhry Iftikhar Ahmad, Farrukh Yunus, Mian Hamayun Pervaiz, Wasimul Huque Malik and Syed Mukhtar Hiussain. However, Securities and Exchange Commission of Pakistan (SECP) would nominate the remaining four non-member directors, ISE officials told Geo News here. ISE Board of Directors comprises of five member and four non-member directors, while the 10th one is the ISE managing director himself.

ISLAMABAD STOCK EXCHANGE TOWERS

Deutsche Boerse

Now that Paris's Euronext looks set to merge with the New York Stock Exchange, the biggest challenge for Reto Francioni, the new Deutsche Börse CEO, is to make sure Frankfurt stays relevant in the race to consolidate stock markets. At least he has the means to remain a key player. His predecessor, the abrasive Werner Seifert, who resigned last year amid a dispute with hedge fund shareholders, did turn the operator of the Frankfurt Stock Exchange into an extraordinary cash cow. The company, which also controls the Eurex derivatives exchange and Clearstream clearing operation, reported profits of $207 million in the first quarter, an increase of almost 50% compared with a year earlier.Thanks to Seifert, Deutsche Börse was a pioneer in electronic trading; today the Frankfurt exchange is an eerily quiet place, filled with traders staring at computer screens rather than shouting bids. But, despite many attempts, Seifert was never able to pull off a merger with another big European bourse such as the London Stock Exchange. Now, it's up to Francioni.

The London Stock Exchange

The City of London is an area of about one square mile, sometimes known as the Square Mile, on the north bank of the River Thames.
The boundaries are basically the Tower of London in the east, the Temple Bar in the west and the River Thames in the south and Smithfield in the north.
There are some big tourist attractions in the city. St Paul's Cathedral, The Tower of London, The Old Bailey, The Bank of England, Lloyds Building and Tower 42.
The present St Paul's Cathedral was designed by Christopher Wren as part of the re-building of London after the fire, and the building was eventually completed in 1710.
The Lloyd's Building was designed by Richard Rogers, the same architect that designed the Pompidou Centre in Paris. Opened in 1986, it is one of the most well known modern buildings in London.

KUWAIT STOCK EXCHANGE

NEWYORK STOCK EXCHANGE

Tokyo stock exchange

Stock Market Watch Malaysia

Malaysian Stock Exchange has a history of more than 80 years. It was initiated in the year 1930 as Singapore Stockbrokers’ Association, the first formal securities business organization in Malaysia. Later, the name was changed into Malaysian Stockbrokers’ Association in 1937. Public trading of shares began only in the year 1960 with the formation of Malayan Stock Exchange. Malaysian Stock Exchange was established in 1964. With the separation of Malayan peninsula into Malaysia and Singapore, the stock exchange of Malaysia changed its name into Stock Exchange of Malaysia and Singapore in 1965. Till 1973, both the countries traded securities under one single brand name. However, due to cessation of currency interchangeability, the Stock Exchange of Malaysia and Singapore was divided into Kuala Lumpur Stock Exchange Board and Singapore Exchange Berhad or KLSEB. KLSEB was demutualized into a public limited company in the year 2004. Once the securities exchange business was transferred to Bursa Securities, KLSEB became an exchange holding company from a not-for-profit organization and was subsequently renamed as Bursa Malaysia Berhad.
Bursa Malaysia Berhad consists of a main board, a second board and MESDAQ. While the larger companies are listed on the Bursa Malaysia Securities Main Board, medium-sized companies are listed on the Second Board and high growth and technology companies are listed on the MESDAQ market. Market operations of Bursa Malaysia are primarily divided into Securities Exchange, a Derivatives Exchange and an Offshore Exchange.
The main index of Bursa Malaysia is the Kuala Lumpur Composite Index or KLCI. However, another index series was introduced in 2006 jointly by Bursa Malaysia and FTSE Group, which is known as FTSE Bursa Malaysia Index

Stocks shrug off positive economic outlook Dawn

By Our Staff Reporter KARACHI, Dec 30: Stocks on Tuesday suffered fresh widespread fall across-the-board on near-panic selling followed by reports of margin calls by the banks on some of the brokers who failed to settle their outstanding dues on some of the counters. The KSE 100-share index shed another 257.29 points or 4.09 per cent at 6,037.38. An idea of hasty selling sometimes assuming the proportion of panic may well be had from the fact that the turnover figure swelled to 119m shares from...

Stock markets reel from Lehman Brothers crisis

9 / 21
Karachi, Pakistan : A stockbroker monitors markets at the Karachi Stock Exchange, where the KSE 100-share index shed 20.71 points

Financial News

A Pakistani stockbroker monitors the latest share prices at the Karachi Stock Exchange (KSE) in Karachi. Stock markets came under renewed pressure Monday as major global banks declared exposure to a multibillion-dollar Wall Street scandal and a plan to save the US car industry remained in limbo.

Karachi | Bad start

Brokers are seen looking perturbed after the Karachi Stock Exchange took a plunge on Monday. The stock market opened the week on a negative note as the index shed 426 points, lowest in a year, due to the impact of stringent monetary measures by the State Bank of Pakistan. online

It has been a strong few years for the key Karachi Stock Exchange index, the KSE100.
When there was a failed attack on Ms Bhutto in October, the market initially fell but recovered to end the day higher.
Similarly, when a state of emergency was declared on 3 November, the market fell about 10%, but then regained most of its losses.

Pakistan stock exchange protests

Hundreds of angry investors, upset by plunging Pakistani share prices, smashed the windows of the Karachi Stock Exchange and scuffles broke out during a protest to demand a temporary closure of the market