page_title: Pakistan Stock Exchange
section_title: Islamabad Stock Exchange
hierarchical_section_title: Pakistan Stock Exchange / History / Islamabad Stock Exchange
caption_attribution_description: English: ISE Towers, Islamabad, Pakistan
context_page_description: The Pakistan Stock Exchange is a stock exchange in Pakistan with trading floors in Karachi, Islamabad and Lahore. PSX was reclassified as a MSCI Emerging Market in May 2017, while the FTSE classifies PSX as a Secondary Emerging Market.
  The PSX was established on 11 January 2016 after the merger of the Karachi, Lahore and Islamabad stock exchanges. PSX's origins were laid with the establishment of the Karachi Stock Exchange in 1947, the Lahore Stock Exchange in 1970 and the Islamabad Stock Exchange in 1992. As of 26 July 2020 there were about 540 companies listed in PSX and the total market capitalisation was ₨7.07031 trillion.
  The investors on the exchanges include 1,886 foreign institutional investors and 883 domestic institutional investors along with about 0.22 million retail investors. There are also about 400 brokerage houses which are members of the PSX as well as 21 asset management companies. One of the PSX's precursor stock exchanges, the Karachi Stock Exchange, was listed among the world's best performing frontier stock markets: between 2009 and 2015 it delivered 26% a year.
context_section_description: Islamabad Stock Exchange or ISE was the youngest of the three stock exchanges of Pakistan and is located in the capital of Pakistan. Islamabad stock exchange (ISE) was incorporated as a guarantee-limited company on 25 October 1989 in Islamabad. ISE tower is a 22-storey building, which makes it the second highest building of Islamabad after the Telecom Tower. Area covered by the building is 562,629 sq ft (52,269.9 m²), it consists of three levels of basements and ground plus 18 floors above.
caption: Islamabad Stock Exchange Tower is now the office of PSX
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