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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.
The service functions as a trustee to open-end and closed-end mutual funds and voluntary pension schemes. [6] In 2008, the company established CDC Share Registrar Services Limited, a wholly-owned subsidiary. [6] It provides registrar and transfer agent services to share issuing companies, handling customer interactions on behalf of these companies.
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 ...
Aab-e-Gum; Ahmedwal; Babar Kachh; Beleli; Bostan Junction; Bukhtiarabad Domki; Chaman; Dalbandin; Damboli; Dera Allah Yar ; Dera Murad Jamali; Dozan; Gulistan; Harnai ...
The Karachi Interbank Offered Rate (KIBOR) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Karachi wholesale (or "interbank") money market. [1] The banks used it as a benchmark in their lending to corporate sector. [2]
Century Publications, incorporated in 1998, publishes Urdu and Sindhi daily newspapers Express and Daily Sindh Express. Express News, Urdu-language TV news channel; Express 24/7, English- 24-hours TV news channel (now closed down)
The bank's owners now comprise the Aga Khan Fund for Economic Development (51%), and the remaining 49% of shares are in free float. CDC Group holds 4.99%, and the International Finance Corporation holds 0.87%, while individuals, institutions, and funds hold the rest of the shares. [16]