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KSE 30 Index

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The Karachi Stock Exchange has launched the KSE-30 Index with base value of 10,000 points, formally implemented from Friday, September 1, 2006.[1] The main feature of this index that makes it different from other indices are:

  • KSE-30 index is based only on the free-float of shares, rather than on the basis of paid-up capital.[2]
  • The other indices in Karachi Stock Exchange represents total return of the market. That is, when a company announces a dividend, the other indices at KSE are not reduced/adjusted for that amount of dividend (whether cash or bonus).Whereas, KSE-30 Index is adjusted for dividends and right shares.

At the end of 24 December 2014, KSE-30 Index reached its highest ever level of 20,830.07.

See also

KSE 30 Index only represents the free float of shares rather than on basis of paid up capital. The difference between KSE 30 index and other indexes is that other indexes represent the total return on the market. The top 30 companies participate in it.


References

  1. ^ "What is KSE-30 Index". capital.com. Retrieved 2020-04-30.
  2. ^ "Pakistan Stock Exchange Limited - | PSX | Product And Services | Indices". Pakistan Stock Exchange Limited. Retrieved 2020-04-30.
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