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The KSE-100 Index is a total return stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period. [ 1 ] In determining representative companies to compute the index on, companies with the highest market capitalization are selected.
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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.
KMI 30 Index; KSE 30 Index; KSE 100 Index; P. PSX Dividend 20 Index This page was last edited on 21 December 2014, at 09:03 (UTC). ...
In the first four years of the twenty-first century, Pakistan's KSE 100 Index was declared the best-performing stock market index in the world by the international magazine "Business Week". [46] [citation needed] The stock market capitalization of listed companies in Pakistan was valued at $5,937 million in 2005 by the World Bank. [47]
Pak Elektron Ltd (PEL) was founded in 1956 through a technical collaboration with AEG.In 1978, PEL was acquired by Saigol Group and was taken public a decade later. In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan.
The KSE 100 Index recorded a gain of 242 points (0.71%) and closed at 34,181.80. However, for a moment due to early commotion, a sell-off started which pulled the index down to intra-day low by 220 points. Later, the benchmark also hit the intra-day high of 267 points. [24]
Since 2008, Engro Polymer is listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 18. [11] In August 2018, Engro Polymer announced that the company would set up a new plant to expand the production of PVC and caustic soda. Along with an efficiency project such as de-super heating quenches at EDC ...