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.

More From This Section

Ministry set to auction 3G, 4G licences despite more roadblocks

The senate body’s recommendations will not stop the auction process to be held on April 23.

Sindh announces sales tax amnesty

Sindh Revenue Board's amnesty scheme comes into immediate effect for citizens who have so far failed to pay sales tax.

Stocks retreat by 107 points

Stocks on Thursday saw pullback with the KSE-100 index closing down by 107.81 points to 29,350.34.

ECC approves Rs1.6 billion Ramazan package

ECC of the cabinet approved a relief package of Rs1.624bn for providing subsidy on various edibles during Ramazan.


Comments are closed.
Explore: Indian elections 2014
Explore: Indian elections 2014
How much do you know about Indian Elections?
How much do you know about Indian Elections?
Poll
From The Newspaper
Tweets