http://hdl.handle.net/123456789/86 2026-04-04T12:03:07Z http://hdl.handle.net/123456789/4720 Pakistan Stock Exchange Merger: A Prudent Move or an Imprudent Impulse Fazeelat Masood For more than two decades, demutualization has been forcing the way for the concept of stock exchange merger in the globalfinancial markets. In Pakistan, demutualization fostered one-ofits-kind merger that took place with the amalgamation ofthree domestic exchanges into PSX. It allowed Pakistani exchanges to transferfrom member owned to investor owned organizations. With an exploratory approach, the research has assessed PSX merger and its consequences on stock market ofPakistan. To a certain extent, PSX merger has led to effects identical to global mergers; however, its long term consequences are yet to be witnessed. Analysis showed that PSX merger is apparently a good movefor Pakistani market as it has promised significant investments that are essential to upgrade and mobilize the market while keeping exchanges' activities under direct surveillance. With key motives to attract private investments to upgrade the exchanges ’infrastructure and to mobilize exchange trading activities, PSX is found to have pros and cons that may substantiate in the long run. It is plausible to state that like eveiy decision, PSX move has its foreseeable positive and negative effects that can be well apprehended with a wise approach to managing the demutualization process and it's after effects. To state the fact, PSX decision is turning out to be a sagacious effort until now and ifthe authorities keep a hawk eye on both sides ofthe decree then this coin may turn over a new leafin the history ofPakistani stock exchange. Research Article 2017-05-01T00:00:00Z http://hdl.handle.net/123456789/670 Uncovering Key Performance Indicators for Private Sector Banks in Pakistan: An Application of Exploratory Factor Analysis Muhammad Akbar Saeed; Dr. Faisal Afzal Siddiqui Efficiency of banking system leads to efficient allocation of scarce resources by the financial system of a country. Bank’s efficiency is ascertained through different mechanisms. One of the mechanisms uses the aspect of Key Performance Indicators (KPIs). Considerable literature exists on KPIs for non-financial organizations. However, for the financial sector, deliberation on KPIs is uncommon. This research paper endeavors to fill this gap especially for Pakistani Commercial Banks belonging to the private sector. A total of 25 Pakistani commercial banks are listed with the State Bank of Pakistan, out which five are owned and controlled by the Government of Pakistan. The remaining 20 belong to the private sector. Out of these 20, secondary data of top 10 private sector banks selected on the basis of asset size was analyzed for the five year period from 2011 to 2015. Statistical technique of Exploratory Factor Analysis (EFA) was applied on 28 different financial ratios to uncover four categories of possible KPIs. 2017-04-01T00:00:00Z http://hdl.handle.net/123456789/665 Impact of Oil and Gold Prices on Stock Market Index Ms. Urooj Aijaz; Muhammad Faisal; Saad Meraj Stock Market Index is considered to be reflection of economic performance of the country and it has vital role in economy. Stock Market index takes impact of many important factors including macroeconomic variables. This research is conducted to examine the impact of Gold and Crude Oil prices on stock market index. The aim of the research is to study the relationship between prices of gold and crude oil and stock market index. This research is Explanatory Research by nature and relies on secondary data. Gold and Crude oil are selected as independent variables and Stock Market Index (KSE 100 Index) is dependent variable in this research. Monthly data of last 20 years (January 1995 to December 2015) was used in this research. Multiple Linear Regression was conducted to study the relationship between the independent variables and dependent variables. Test was conducted using SPSS and results were interpreted. The results of my research show that Gold Price has significant positive relation with Karachi Stock Exchange 100 index while Crude Oil has insignificant positive relation with Karachi Stock Exchange 100 Index. However, often they require government intervention to be retained at level that is most suitable for an economy. These variables have direct impact on the overall economy therefore it is very imperative that these variables not only remain in control of the government but the government should also be able to steer these variables for the betterment of the economy. 2017-01-31T00:00:00Z http://hdl.handle.net/123456789/689 Preference determinants for soft drinks brands: An empirical study of Karachi market through mall intercepts method Marium Mateen Khan; Dr. Mustaghis-ur-Rahman Since competition is getting intense in all consumable products in Pakistan, physical attributes of products now lack sustainability because they can be copied easily. What the firms now require is to create differentiation not only on physical attributes rather it should touch the psychology of the customers. We investigate the effects of psychological factors like customers’ nostalgic attachment, advertisements, quality and prices on consumer preferences of soft drinks brands. Data has been collected from 300 respondents at five shopping malls of Karachi through mall intercept method. Structural equation modeling (SEM) was used to test the developed model. The testing was done in two stages. Firstly, CFA of all the variables including the dependent variable consumer brand preference was tested individually and then CFA for overall model was tested. The results indicated that the overall model was significant. The results indicated that price was a significant predictor for consumer brand preference, followed by nostalgic attachment, quality and advertisements. 2016-12-31T00:00:00Z