KSE has arranged a presentation on August 9, 2012 in its auditorium which will outline modalities of Free-Float Migration. - File photo

KARACHI: Karachi Stock Exchange (KSE) is planning to shift KSE-100 Index to free-float methodology shortly with an objective to make KSE indices more qualitative and in line with global standards.

The KSE-100 Index is currently being computed using full market capitalization weighted methodology. A market capitalization based index maintained by KSE, it was introduced in 1991 and comprises 100 companies selected on basis of sector representation and highest market capitalization, which captures over 85% of total market capitalization of the companies listed on the exchange.

In view of its wide acceptance among investors KSE-100 is granted to be pulse of Pakistans stock market.

KSE has arranged a presentation on August 9, 2012 in its auditorium which will outline modalities of Free-Float Migration, benefits for members, investors, Fund managers and its implications.

Updated Aug 08, 2012 03:37pm

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