Foundation | September 1, 2006 |
---|---|
Operator | Pakistan Stock Exchange (PSX) |
Trading symbol | KSE30 |
Constituents | 30 |
Type | Large cap |
Weighting method | free float methodology |
Website | www.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 of 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 will be re-composed twice a year. [4]
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according to the International Monetary Fund (IMF).
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