Understanding the benchmark KSE100 index

What are the dynamics and technicalities behind the benchmark index of the PSX?

Whenever there is a need to mention the stock market in Pakistan, news media outlets toss out the term ‘KSE100’ and expect everyone to automatically understand it. Truth be told, most don’t and no one bothers to explain it. 

To the uninitiated, the KSE100 is some sort of a creature which falls down, takes a beating, and every now and then straightens up only to come crashing down again. The term is elusive; important but complicated. 

This has gone on for far too long. And so we thought, perhaps, we could attempt to try to understand it together. 

Indexes and the KSE100

A stock market index is essentially a tracker, a way to measure how a certain group of stocks from an industry or industries are performing in the stock market at any given time. They can include 10, 100, 500 or even all of the stocks in the stock market. The most famous index in the world is the S&P 500 index, which tracks the share prices of the 500 largest public companies in the United States of America. 

At home in the Pakistan Stock Exchange (PSX), the equivalent of the S&P 500 is the KSE100 index.

 

To read the full article, subscribe and support independent business journalism in Pakistan

The content in this publication is expensive to produce. But unlike other journalistic outfits, business publications have to cover the very organizations that directly give them advertisements. Hence, this large source of revenue, which is the lifeblood of other media houses, is severely compromised on account of Profit’s no-compromise policy when it comes to our reporting. No wonder, Profit has lost multiple ad deals, worth tens of millions of rupees, due to stories that held big businesses to account.

Hence, for our work to continue unfettered, it must be supported by discerning readers who know the value of quality business journalism, not just for the economy but for the society as a whole.

(Already a subscriber? Click here to login)
  • Full Price Subscription Plans

    Not only will you be supporting independent journalism, 25% of the amount from your subscription will be used to subsidise those subscribers who cannot afford the full price of the subscription. As a subscriber you will get full access to exclusive paywalled content, and an ad free reading experience. Yearly full price subscription plans also include a complimentary annual subscription to The Wall Street Journal.

    +

  • Subsidised Subscription Plans

    Pay part of the full subscription price, if you cannot afford to pay all of it, and the rest will be subsidised by a full paying subscriber. As a subscriber you will get access to exclusive paywalled content, and an ad free reading experience.

  • Free Student Subscriptions

    If you are currently a student, you can claim an already-paid-for digital subscription, courtesy

    As a subscriber you will get access to exclusive paywalled content, an ad free reading experience.

     

 

Muhammad Raafay Khan
Muhammad Raafay Khan
Sector Analyst for Profit Magazine. Focus on corporates on the PSX. Can be reached at [email protected]

38 COMMENTS

  1. I understand what you’re referring to, it’s very nice, easy to understand, very knowledgeable.
    사설 카지노
    j9korea.com

  2. My husband and I are another successful client of Cyber Genie Intercontinental among many. I read countless positive reviews about how they have been using their cyber expertise to help people achieve their happiness back by recovering their scammed or lost Bitcoin and assets from fraudulent and posers of Cryptocurrencies trading companies. After reading many of the wonderful services they render, I had to contact them because my husband was seriously defrauded by some Chinese bitcoin miners, it all ended in goodwill as we were able to recover what we thought we had lost to scammers. Contact them on [ Cybergenie AT cyberservices DOT com ] WHATSAPP [ +1 ] 2.5.2-5,1,2-0.3,9.1 ] and help yourself from depression.

  3. The return of -37% in case of systems limited doesn’t seem right. The main reason behind this price drop is because the company issued bonus shares in the month of March which effectively reduced the share price by 50%.

    If I had bought one share of SYS on 14-01-2022, I would have 2 shares today and they total value would be Rs 989 today factoring in a 50% dividend and 100% bonus shares. The total return becomes 27.47%.

  4. pleasant post, stay aware of this fascinating work. It truly regards realize that this subject is being secured likewise on this site so cheers for setting aside time to talk about this!

  5. pleasant post, stay aware of this fascinating work. It truly regards realize that this subject is being secured likewise on this site so cheers for setting aside time to talk about this!

  6. I really enjoy simply reading all of your weblogs. Simply wanted to inform you that you have people like me who appreciate your work. Definitely a great post.

  7. pleasant post, stay aware of this fascinating work. It truly regards realize that this subject is being secured likewise on this site so cheers for setting aside time to talk about this!

  8. I definitely enjoying every little bit of it. It is a great website and nice share. I want to thank you. Good job! You guys do a great blog, and have some great contents. Keep up the good work.

  9. I definitely enjoying every little bit of it. It is a great website and nice share. I want to thank you. Good job! You guys do a great blog, and have some great contents. Keep up the good work.

  10. Are you looking for Accounting Case Study Assignment Help from the best subject matter experts? Avail of our online writing services with plagiarism free content. Trust us as our highly qualified writers will deliver the Case Study Help services prior to the deadline.

  11. Nice to be visiting your blog again, it has been months for me. Well this article that i’ve been waited for so long. I need this article to complete my assignment in the college, and it has same topic with your article. Thanks, great share.

  12. Your work here on this blog has been top notch from day 7. You’ve been continously providing amazing articles for us all to read and I just hope that you keep it going on in the future as well. Cheers!

  13. Impressive web site, Distinguished feedback that I can tackle. I am moving forward and may apply to my current job as a pet sitter, which is very enjoyable, but I need to additional expand. Regards

Comments are closed.

Popular Posts