The Islamabad Stock Exchange (Urdu: اسلام آباد بورس or PSX-ISE) was a stock exchange located in Islamabad, Capital Territory, Pakistan. In 2016, it merged with the Pakistan Stock Exchange. Islamabad Stock Exchange (ISE) was incorporated as a guarantee-limited company on 25 October 1989 in Islamabad capital territory with the main object of setting up of a trading and settlement infrastructure, information system, skilled resources, accessibility and a fair and orderly market place that ranks with the best in the world. It was licensed as a stock exchange on 7 January 1992. It started trading in July 1992. ISE has been corportrized and demutualized on August 26, 2015 in terms of Stock Exchanges (Corpotization, Demutualization and Integration) Act, 2012. As a consequence thereof, its name has been changed as Islamabad Stock Exchange Limited. With effect from January 11, 2016 the Islamabad Stock Exchange was integrated with the Karachi Stock Exchange Limited under the Stock Exchanges (Corporatisation, Demutualization and Integration) Act, 2012 to form the Pakistan Stock Exchange Limited. More information...
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