KSE 30 Index

KSE-30 Index
FoundationSeptember 1, 2006 (2006-09-01)
OperatorPakistan Stock Exchange (PSX)
Trading symbolKSE30
Constituents30
TypeLarge cap
Weighting methodfree float methodology
Websitewww.psx.com.pk

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 on paid-up capital.[3]

The KSE-30 Index was launched and implemented by the Karachi Stock Exchange in 2006.[4] In 2016, the Karachi Stock Exchange was merged with the Lahore Stock Exchange and Islamabad Stock Exchange to the Pakistan Stock Exchange (PSX).[5] In 2016, the PSX announced a change in the KSE-30 index, stating that it would only cover the top thirty companies. The index is re-composed twice a year.[4]

Components

Ticker Logo Company PSX sector Index weighting (%)1
PSXAIRLINK Air Link Communication Technology & Communication 0.47
PSXATRL Attock Refinery Limited Refinery 1.18
PSXBOP The Bank of Punjab Commercial Banks 1.42
PSXDGKC D.G. Khan Cement Cement 1.17
PSXEFERT Engro Fertilizers Fertilizer 3.62
PSXENGROH Engro Holdings Investment Banks / Investment Companies / Securities Companies 8.00
PSXFCCL Fauji Cement Cement 1.23
PSXFFC Fauji Fertilizer Company Fertilizer 12.06
PSXGAL Ghandhara Automobiles Limited Automobile Assembler 0.29
PSXGHNI Ghandhara Industries Automobile Assembler 0.35
PSXHBL Habib Bank Limited Commercial Banks 4.99
PSXHUBC Hub Power Company Power Generation & Distribution 6.45
PSXLUCK Lucky Cement Cement 5.47
PSXMARI Mari Energies Oil & Gas Exploration Companies 4.58
PSXMCB MCB Bank Limited Commercial Banks 4.95
PSXMEBL Meezan Bank Commercial Banks 6.74
PSXMLCF Maple Leaf Cement Cement 1.13
PSXNBP National Bank of Pakistan Commercial Banks 2.73
PSXNRL National Refinery Limited Refinery 0.29
PSXOGDC Oil and Gas Development Company Oil & Gas Exploration Companies 5.92
PSXPAEL Pak Elektron Cable & Electrical Goods 0.58
PSXPOL Pakistan Oilfields Limited Oil & Gas Exploration Companies 2.61
PSXPPL Pakistan Petroleum Oil & Gas Exploration Companies 4.18
PSXPSO Pakistan State Oil Oil & Gas Marketing Companies 2.54
PSXSAZEW Sazgar Automobile Assembler 1.25
PSXSEARL The Searle Company Pharmaceuticals 0.77
PSXSNGP Sui Northern Gas Pipelines Oil & Gas Marketing Companies 0.74
PSXSSGC Sui Southern Gas Company Oil & Gas Marketing Companies 0.25
PSXSYS Systems Limited Technology & Communication 3.90
PSXUBL United Bank Limited Commercial Banks 10.15

See also

References

  1. ^ "PSX re-composes KSE-30 Index: six companies make the switch". Mettis Global Link. 1 August 2023. Retrieved 26 August 2023.
  2. ^ "KSE - 30 INDEX" (PDF). Pakistan Stock Exchange Ltd. PSX. p. 3. Retrieved 26 August 2023.
  3. ^ Shahid, Ariba (22 August 2021). "No, the stock market is not an accurate indicator of the economy". Profit by Pakistan Today. Retrieved 26 August 2023.
  4. ^ a b "What is KSE-30 Index". Capital.com. Retrieved 26 August 2023.
  5. ^ "Ishaq Dar formally launches Pakistan Stock Exchange". www.thenews.com.pk. Retrieved 24 February 2022.