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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.
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 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 ...
General Motors (NYSE: GM) closed out a strong 2024 with fourth-quarter results that beat Wall Street's expectations. The U.S.-based automaker also predicts another good year in 2025 with even ...
April 20: Karachi Stock Exchange achieved a major milestone when KSE-100 Index crossed the psychological level of 15,000 for the first time in its history and peaked 15,737.32 on 20 April 2008. Moreover, the increase of 7.4 per cent in 2008 made it the best performer among major emerging markets .
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Similarly, the US newspaper "USA Today" termed Karachi Stock Exchange as one of the best performing bourses in the world. By September, 2020, the year of global crisis and recession, PSX-100 was leading the global markets in correction with a return at 38.5% making PSX the best performer in Asia and fourth-best performing stock market in the world.