The KSE-30 Index is a stock market index which tracks the performance of the top 30 most liquid companies listed on the stock exchanges in Pakistan.[1] The index is based on a free float methodology[2] in differentiation to other indices based of paid-up capital.[3]
| Foundation | September 1, 2006 |
|---|---|
| Operator | Pakistan Stock Exchange (PSX) |
| Trading symbol | KSE30 |
| Constituents | 30 |
| Type | Large cap |
| Weighting method | free float methodology |
| Website | www.psx.com.pk |
The KSE-30 Index was launched and implemented by the Karachi Stock Exchange in 2006.[4] In 2016, the Karachi Stock Exchange was merged with the Lahore Stock Exchange and Islamabad Stock Exchange to the Pakistan Stock Exchange (PSX).[5] 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.[4]
See also
editReferences
edit- ^ "PSX re-composes KSE-30 Index: six companies make the switch". Mettis Global Link. 1 August 2023. Retrieved 26 August 2023.
- ^ "KSE - 30 INDEX" (PDF). Pakistan Stock Exchange Ltd. PSX. p. 3. Retrieved 26 August 2023.
- ^ Shahid, Ariba (22 August 2021). "No, the stock market is not an accurate indicator of the economy". Profit by Pakistan Today. Retrieved 26 August 2023.
- ^ a b "What is KSE-30 Index". Capital.com. Retrieved 26 August 2023.
- ^ "Ishaq Dar formally launches Pakistan Stock Exchange". www.thenews.com.pk. Retrieved 24 February 2022.