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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-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. However, to ensure full market representation, the company with the ...
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". [47] [citation needed] The stock market capitalization of listed companies in Pakistan was valued at $5,937 million in 2005 by the World Bank. [48]
With stock prices at record highs, many investors are worried that we're in a bubble that could be close to popping. Two people looking at documents and a laptop. Image source: Getty Images.
WASHINGTON (Reuters) -China-based DJI and Autel Robotics could be banned from selling new drones in the United States market under an annual military bill set to be voted on later this week by the ...
This guy gave new meaning to the slogan “Gottahava Wawa.” Police in East Windsor, N.J., arrested a 24-year-old man on Dec. 23, and charged him with misusing the town’s 911 system for ...
The template supports inflation calculation, by way of {{}}.If the second parameter is used, to specify a year, and this year is within a certain range of available inflation data (specifically, if 1960 ≤ year < 2021), the equivalent value represented in 2021 rupee will be calculated in parentheses.
The woman, who identified herself as Shay, told The Post she saw the truck on Tuesday and her surveillance footage shows the vehicle's lights turn on at around 12:25 a.m. on New Year's Day.