We often see the fluctuations of stock market points in the news . This fluctuation of points clarifies the direction of the stock market . KSE 100 index is a benchmark of PSX.
What is a stock index?
A stock index or stock market index is an index that measures a stock market , to calculate market performance .
Pakistan Stock market traders decide on the selling and buying of shares on the performance of companies in KSE 100 .
KSE100 Index is the largest index in the Pakistan stock market which captures 80% of the market .
It is run by public demand and supply. No one can interfere in it with their influence.
What is KSE 100 index ?
The KSE 100 Index started in November 1991 with 1000 points. At that time there were 3 separate stock exchanges in Pakistan which include Karachi, Islamabad and Lahore stock exchange .
On January 11, 2016, the three stock exchanges Lahore, Islamabad and Karachi were merged to form a stock exchange called Pakistan Stock Exchange.
What does KSE 100 index stands for ?
KSE 100 Index stands for ” Karachi Stock Exchange 100 index ” .
Major benefits of KSE index :
- Acting as a benchmark
- Cap-weighted stock index
- Free float index
Listed indices at PSX
7 indices listed in the Pakistan Stock Exchange .
- KSE 100 index
- KSE ALLSHR
- KMI 30