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Pakistan qualified for the popular MSCI Emerging Markets Index in May 2017, an upgrade from Morgan Stanley Capital International's (MSCI) Frontier Market (FM) index. [ 18 ] On 25 May 2017, the KSE-100 index reached the all-time high of 53,124 points, later it tanked to 37,919 points in a matter of seven months.
The index was introduced in 2009 [1] and the base period for this Islamic index is 30 June 2008. It was created as a joint effort by the Karachi Stock Exchange (now known as Pakistan Stock Exchange) and Al-Meezan Investment Bank (now known as Meezan Bank Limited). [2] The index is calculated using free float market capitalization. At any point ...
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] The KSE-30 Index was launched and implemented by the Karachi Stock Exchange ...
BANGKOK (AP) — World shares were mixed on Thursday as the U.S. stock market remained closed to observe a National Day of Mourning for former President Jimmy Carter.. London's FTSE 100 climbed 0. ...
MUMBAI (Reuters) -The Indian rupee touched a record low on Tuesday, as weakness in domestic equities and other Asian currencies on fears of a global recession weighed on the local unit, although ...
Shares of the Dutch chip machine maker plunged 16%. Meanwhile, a report that the US is considering export caps on specific chip sales only added to investor concern, pulling the broader chip ...
The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. [ 4 ] [ 5 ] PSX was classified by MSCI as a frontier market on 8 September 2021.
Hub Power Company (Hubco) was founded in 1991. [5] The project was funded by $770 million in loan agreements and $325 million in equity from international investors. [6] The major investors included National Power with 20.4 percent shareholding, Xenel with 14.5 percent, and Entergy with a 10 percent holding.