The Cotton Exchange, Karachi is located in
Karachi
Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former c ...
,
Sindh,
Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's fifth-most populous country, with a population of almost 243 million people, and has the world's second-lar ...
.
It is the largest cotton trading exchange in Pakistan.
History
Founded in 1933, it is the oldest commodity exchange in Pakistan.
Building
The exterior of the structure has remained intact over time.
The
façade
A façade () (also written facade) is generally the front part or exterior of a building. It is a loan word from the French (), which means ' frontage' or ' face'.
In architecture, the façade of a building is often the most important aspect ...
is as beautiful as it was when it was initially built.
There are small indications of wear and tear, but the interiors have not changed considerably.
The unchanged furnishings, slow-moving
ceiling fan
A ceiling fan is a mechanical fan, fan mounted on the ceiling of a room or space, usually electric power, electrically powered, that uses hub-mounted rotation, rotating blades to wikt:circulation, circulate air. They cool people effectively by ...
s, and historic portraits that adorn the building's walls preserve its authenticity.
See also
*
Karachi Stock Exchange
The Karachi Stock Exchange ( ur, or PSX-KSE) was a stock exchange located in Karachi, Pakistan. Since 1947, it has been located at the Stock Exchange Building on I. I. Chundrigar Road. It has now been consolidated in the Pakistan Stock Exchang ...
*
List of South Asian stock exchanges
This is a list of Asian stock exchanges.
In the Asian region, there are multiple stock exchanges. As per data from World Federation of Exchanges, below are top 10 selected in 2020:
* Shanghai Stock Exchange, China
* Tokyo Stock Exchange, Japan
...
References
Further reading
* Salman, Peerzada (2015). ''Karachi Legacies of Empires''
External links
Karachi Cotton ExchangeThe Karachi Cotton Association - Official site
{{coord missing, Karachi
Commodity exchanges in Pakistan
Agricultural organisations based in Pakistan
Cotton organizations
Economy of Karachi
Textile industry of Pakistan
1933 establishments in British India
Organisations based in Karachi