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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 in time, the level of the index reflects the free float market value of selected Shariah ...
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.
April 20: Karachi Stock Exchange achieved a major milestone when KSE-100 Index crossed the psychological level of 15,000 for the first time in its history and peaked 15,737.32 on 20 April 2008. Moreover, the increase of 7.4 per cent in 2008 made it the best performer among major emerging markets .
Stocks opened Monday's trading session higher as investors brace for a flood of earnings and economic data during the busiest week of the year.
The S&P 500 rose 0.6% and came close to its all-time closing high set early last month. The Dow Jones Industrial Average added 130 points, or 0.3%, and the Nasdaq composite climbed 1.3%. The gains came even though most U.S. stocks fell under the weight of another crank higher for Treasury yields in the bond market.
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 ...
[5] [23] The stock market closed at its usual timing. 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]
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