Islamabad Stock Exchange

Islamabad Stock Exchange

Market highlights

ISE 10: 1687.25
ISE Volume: 1000
ISE Value: 3,500
Change: -8.18

LATEST NEWS: SECP resolves Rs. 50 bln Support Fund for stock markets
ISLAMABAD: Security and Exchange Commission of Pakistan (SECP) has held a meeting here concluding the resolve to provide Rs. 50 billion Support Fund for stock exchanges to cope with ongoing financial crisis on Wednesday.Director KESC Sohail Walia told Geo News that during the meeting, it was resolved to release Rs. 50 billion Support Fund to emancipate state’s stock markets from crisis.Market Support Fund would be available after October 27 and added that Rs. 20 billion Support Fund would be available straightaway while remaining Rs. 30 billion would be provided to stock markets through “Pit Option”.


Islamabad Stock Exchange or ISE. It was launched on the 25th day of October 1989 but it was only until the 10th day of August 1992 when it commenced operations altogether.

When the Islamabad Stock Exchange was inaugurated on 1989, it was recognized as a guarantee limited company. Although it is not the pioneer stock exchange in Pakistan, it is founded with an ultimate goal of being one of the leading securities market around the globe. ISE believes that this objective can be realized through a good trading and settlement foundation working side by side with a cutting-edge information system combined with experienced human resources.

Also, the ISE mainly ministers to the demands of companies in some areas in the northern side of the country that are considered underdeveloped. Even though it helps companies in the less developed parts of Pakistan, ISE still maintains an inimitable touchstone in relation to the productivity of its operations. This serves as an encouragement for both major and minor league companies who are reputed to be lucrative to be a part of the exchange. ISE is indeed portraying an indispensable part involving the economic progress of the developing areas which eventually leads to the general advancement of Pakistan's economy.

Currently, the ISE have 119 members actively participating. Out of those 119 members, 93 are corporate organizations. This encompasses investment banks as well as commercial banks, brokerage houses, and DFIs. The remaining number of members are individuals who are experienced, have inventive ideas, and are liberal-minded when it comes to the securities market industry.

A Board of Directors oversees every negotiation and issue involving the Islamabad Stock Exchange. The Board has ten directors all in all. Five out of the ten members are handpicked from the stock exchange's registered members. The Securities Exchange Commission of Pakistan, or SECP, elects the other four members. The last member of the Board is the managing director in honor of his appointment. Along this line, the ISE launched an Investors Protection Fund so as to secure the concernment of the financing public.

In order to further advance its operations, the ISE adopted a fully electronic trading system, known as the ISECTS. As a result, the volume of the exchange's trade continually doubled in a regular basis. Around this time, the typical turnover every day reached the one million shares mark. Presently, most, if not all, negotiations involving the securities listed in the market are done through the ISECTS. The manual approach in dispensing shares and securities has been abolished in favor of the automated trading system. A larger part of the scripts are verified through the Central Depository Company of Pakistan Limited.

Now, the Islamabad Stock Exchange has an overall number of 241 listed companies and securities. The collective capital amounts to Rs. 389.512 billion. On the 4th day of April 2007, ISE's market capitalization crossed to Rs. 2,275.00 billion. However, the rate of listing is directly affected by the country's economic crisis which is due to several inherent, and sometimes external, factors.

If ranked with the world's leaders in securities market, the Islamabad Stock Exchange has a long way to go before it can play in the major league. With this in mind, ISE never cease to elevate its operations by advancing the technology it utilizes and by adopting the International trading system and practices.