Preview

karachi stock index

Good Essays
Open Document
Open Document
944 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
karachi stock index
INTRODUCTION TO KARACHI STOCK EXCHANGE

Karachi Stock Exchange (KSE) is the largest and most liquid stock exchange in Pakistan. It was established on September 18, 1947 and was incorporated on March 10, 1949. It is the premiere stock exchange of the country. Only five companies were at first listed with a total paid-up capital of 37 million rupees. The first index introduced in KSE was based on fifty companies and was called KSE 50 index. Trading used to be carried out on open out-cry system.

With the enlargement in number of scheduled companies and trading activities, a dire need for a true representative index and computerization of trading activities was felt. As a result KSE 100 Index was introduced on November 1, 1991. Computerized trading system called Karachi Automated Trading System (KATS) was introduced in 2002 with a capacity of 1.0 million trades per day and the capacity to provide connectivity to an unlimited number of users.

To reconfirm the KSE-100 and to provide the basis of index trading in future, an all share index was introduced in 1995 which became functioning on September 18, 1995. To deal with the needs of investor community two other indexes were also introduced later on called KSE 30 Index and KMI 30 Index. Karachi Stock Exchange is located on Stock Exchange Road, in the heart of business district of Karachi. The premise is known as Stock Exchange Building.
Listing in KSE & Sectors of KSE: Up till March 24th, 2014, 581 companies are listed in KSE and the entire market capitalization is Rs. 6,277.437 billions. The listing is done on the basis of strict rules and regulations laid out by Securities Exchange Commission of Pakistan (SECP) & Karachi Stock Exchange. All the planned companies are categorized in various main business sectors. There are total 36 sectors listed on Karachi Stock Exchange. Out of these, 32 sectors contribute on the way to the market capitalization and all the listed companies (excluding their future

You May Also Find These Documents Helpful

  • Good Essays

    1. When organising a business event, describe the range of support activities that may be required.…

    • 780 Words
    • 4 Pages
    Good Essays
  • Good Essays

    August 2000 to July 2001 was a period of great turbulence for the Indian as well as the world economies, and the BSE Sensex lost almost 1000 points. This is reflected in the market capitalization of Top 500 companies also. The aggregate market cap of the Top 500 companies, which rose by 130%, from Rs 31,25,720 million in 1995 to Rs 72,01,548 million in 2000, lost 32% to Rs 49,30,963 million in 2001.…

    • 844 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    School Shootings

    • 669 Words
    • 3 Pages

    Since 2010, there have been 49 cases of school shootings that left 63 injured and 66 dead. This growing problem has increased over the years and has put fear in the minds of parents and their children. Even though children may jokingly exaggerate that school is terrible, it now seems as if going to school is truly a life or death situation. There has to be someone or something to blame and it seems as if this problem can debatably be blamed on the security among schools. Having a more advanced security system in schools is essential to protecting the well-being of staff and students.…

    • 669 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Asx Portfolio Assignment

    • 2346 Words
    • 10 Pages

    The purpose of Index Tracking Portfolio is to find a selection of shares, within a manageable number, where the performance of the portfolio can match with or out perform the performance of whole market. Three major aspects, market capitalization ratio, company’s historical share price performance and industry’s performance, were used to decide the portfolio composition. Eleven shares were selected from ASX50 and this portfolio will be analyzed, discussed and compared with ASX All Ordinaries Index performance in this report.…

    • 2346 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    Training Needs Analysis

    • 2446 Words
    • 10 Pages

    BKK Co. Pte Ltd has been established since 1970s and is one of the top five trading companies in the Asia Pacific (covering North and South Asia) region. The organization consists of eight major departments namely, Iron & Steel, Foodstuff, General Merchandise, Chemical (Organic & Inorganic), Machinery & Electronics, Information Technology, Finance & Accounting and Human Resource/Administration. Each individual department is headed by a Department General Manager, who in turn reports to the President of the organization. The company staff strength is around 120 employees. The organization basically diversifies its portfolio of business in terms of trading in various products.…

    • 2446 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Social Impact Of Slavery

    • 1112 Words
    • 5 Pages

    To review American history, “American Dream” is encouraging a lot of foreigners to immigrate to America where can let these immigrates willing to the better life which refers to the success of economy through individual efforts. However, there is a dark side, namely the slavery, in American history that should not be neglected. The impact of slavery can be recognized in three fields, namely the economic field, the political field, and the social field. Each field has been interacting with each other, there are some visible and invisible phenomenons that might be helpful to spell out what the social, political, and economic impacts of slavery in American in…

    • 1112 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Rank of Icici Stock Minds

    • 3359 Words
    • 14 Pages

    Sheet1 RANK 1 2 3 4 PARTICIPANT NAME COLLEGE NITIN GAJANAN MALUSARE JANARDAN INSTITUTE GIRISH MAHESHKUMAR SAVLANI K S BUSINESS SCHOOL PRATEEK GOVILA BIT MESRA PUNE UNIVERSITY DEPARTMENT OF KISHAN BHATTAD MANAGEMENT SCIENCES (PUMBA) CITY MUMBAI AHMEDABAD RANCHI PUNE PORTFOLIO 1666999.9 1666553.6 1666432.5 1662356.05 TURNOVER 16935103.38 19998020 19946293.4 0 % GAIN 11.13% 5.67% 9.36% 0.00% Basis highest % change in profit compared to the previous day portfolio COMMENTS REMARKS…

    • 3359 Words
    • 14 Pages
    Satisfactory Essays
  • Powerful Essays

    THE KARACHI ELECTRIC SUPPLY COMPANY LIMITED INTRODUCTION History Karachi Electric Supply Company Limited (KESC), (formerly Karachi Electric Supply Corporation) is one of the city's largest employers: around 17,000 people currently work for the company. It is also one of the oldest companies in Karachi and was established in the city even before the creation of Pakistan in 1947. Incorporated in September 13, 1913, under the Indian Companies Act of 1882, the company was nationalized in 1952 but was re-privatized on November 29, 2005. KESC came under new management in September, 2008. In 1996, deterioration in KESC’s financial health began, which promoted suggestions for the utility’s transfer into private hands. During the interim between 1996 and 2005, Army management instated at the state utility with a view towards enhancing the Company’s operational and financial health in May 1999. There are conflicting views towards this shift and management, with allegations of severe misconduct. During 2002 and 2003, incentives were introduced in preparation for KESC’s privatization, which eventually finalized on November 29, 2005 with a 71% transfer of ownership to an association comprising of the Saudi Al-Jomaih Group of Companies and Kuwait’s National Industries Group (NIG), with the government still retaining a 26% stake. Due to various operational setbacks and the unfortunate choice of Siemens as an Operations and Management (O&M) contractor, the privatized association was unable to improve the Company’s financial and operational crisis. In the earlier part of 2008, Saudi Al-Jomaih approached Abraaj Capital, a leading private equity firm based in Dubai, with a proposal for a potential stake in KESC. The deal was eventually finalized in October 2008 at a ticket price of $361 million for a significant equity stake in the Company, which grants Abraaj Capital full management control. Abraaj Capital has brought in a professional management team with over 41 senior…

    • 2451 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Tradable Indices

    • 553 Words
    • 3 Pages

    * Comprises the constituents of the FTSE Bursa Malaysia KLCI and the FTSE Bursa Malaysia Mid 70 Index.…

    • 553 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Financial Intermediaries

    • 627 Words
    • 3 Pages

    The financial intermediary sector of Pakistan is composed of the money market and capital markets, with primary and secondary dealers.…

    • 627 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Over a period of five years, i.e. from year 2010 until 2014, the number of GLCs listed on Main Board, Bursa Malaysia was varied because of several business transactions or corporate and financial restructuring activities such as mergers and acquisitions as well as the company delisted from Bursa Malaysia. As at December 2015, there are 47 GLCs has listed on Bursa Malaysia and it represent 5% of total listed companies and hold 42% of market capitalisation. On top of that, 14 out of 47 companies was listed in 30 FTSE Bursa Malaysia KLCI (FBMKLCI). These group of 30 companies are determined by their size of market capitalisation that fulfil requirements for the FTSE Bursa Malaysia Index Ground…

    • 1204 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Bank Guarantee

    • 4052 Words
    • 17 Pages

    THIS IRREVOCABLE BANK GUARANTEE is made and executed on this ___ day ______. BY: _______________________ Bank Limited, a Banking Company incorporated in Pakistan and having its head office at _______________________ (city name) and Branch at Stock Exchange Building, Stock Exchange Road,, Karachi (herein after referred to as the “Bank”, which expression shall, wherever the context so requires, means and include its successors-in-interest and permitted assigns) IN FAVOUR OF: KARACHI STOCK EXCHANGE LIMITED, a Stock Exchange incorporated under the Laws of Pakistan, having its registered office at Stock Exchange Building, Stock Exchange Road, Karachi, Pakistan (herein after referred to as the “Stock Exchange”, which expression shall, wherever the context so requires, means and include its successors-in-interest and permitted assigns); WHEREAS: (a) The Stock Exchange has been registered under the Securities and Exchange Ordinance, 1969 and has made available facilities, among others, for dealing in securities and, for risk management and settlement of contracts, trades and transactions in respect of securities and for execution of transactions through Karachi Automated Trading System under and in terms of its various regulations framed for these purposes (hereinafter referred as the “Regulations”, which term shall also include Board Decisions, Notices, all amendments, modifications and additions therein from time to time and any new Regulations made in substitution therefor); ___________________________ (hereinafter referred to as “TRE Certificate Holder”, which term shall include his/its legal heirs, nominees, administrators, executors, successors-in-interest and assigns) and having office at ________, Karachi Pakistan has been admitted by the Stock Exchange as a TRE Certificate Holder under its Articles of Association and registered as a Broker under Brokers and Agents Registration Rules 2001 made under the Securities and Exchange…

    • 4052 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    Karachi is the largest city of Pakistan with an estimated population of around 20 million and has the largest informal sector as well as the largest number of home-based workers. It accounts for a lion’s share in Pakistan’s revenue generation by contributing about 68% (KCCI annual report 2010-11) or 65% (as per City District Government Karachi report) to the national exchequer. All national and international surveys, reports, and analyses confirm that Karachi is the mainstay of the Pakistani economy.…

    • 1945 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Working capital management

    • 5852 Words
    • 24 Pages

    enterprises (SME’s) listed in Karachi Stock Exchange for a period of six years from 2003 to 2008 which led to a…

    • 5852 Words
    • 24 Pages
    Good Essays
  • Powerful Essays

    Khalid Mustafa Assistant Professor Department of Economics, University of Karachi and Mohammed Nishat, PhD Professor and Chairman, Finance and Economics Institute of Business Administration, Karachi…

    • 6616 Words
    • 27 Pages
    Powerful Essays