KSE-30 Index
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The KSE-30 Index is a
stock market index In finance, a stock index, or stock market index, is an Index (economics), index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calcul ...
which tracks the performance of the top 30 most liquid companies listed on the
stock exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for ...
s in
Pakistan Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...
. The index is based on a free float methodology in differentiation to other indices based of paid-up capital. The KSE-30 Index was launched and implemented by the
Karachi Stock Exchange The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was fou ...
in 2006. In 2016, the
Karachi Stock Exchange The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was fou ...
was merged with the
Lahore Stock Exchange LSE Group, formerly known as Lahore Stock Exchange is a Pakistani investment company based in Lahore, Pakistan. LSE Group consists of three companies: LSE Capital, LSE Financial Services, and LSE Ventures, all of them are listed on the Pakistan ...
and
Islamabad Stock Exchange The Islamabad Stock Exchange ( or PSX-ISE) was a stock exchange located in Islamabad, Capital Territory, Pakistan. In 2016, it merged with the Pakistan Stock Exchange. History Islamabad Stock Exchange was incorporated as a guarantee-limited c ...
to the
Pakistan Stock Exchange The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a frontier market on 8 September 2021. Pakistan Stock Exchange was founded in 1947 as ...
(PSX). In 2016, the PSX announced a change in the KSE-30 index, stating that it would only cover the top thirty companies. The index will be re-composed twice a year.


See also

*
KSE 100 Index The KSE-100 Index is a total return stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period. In determining representative companies to compute the index on, companies with the highest market ca ...
* KMI 30 Index


References


External links


Bloomberg.com
{{Economy of Pakistan 2006 establishments in Pakistan Pakistani stock market indices Pakistan Stock Exchange