KSE-30 Index
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The Karachi Stock Exchange has launched the KSE-30 Index with base value of 10,000 points, formally implemented from Friday, September 1, 2006. The main feature of this index that makes it different from other indices are:
- KSE-30 index is based only on the free-float of shares, rather than on the basis of paid-up capital.
- The other indices in Karachi Stock Exchange represents total return of the market. That is, when a company announces a dividend, the other indices at KSE are not reduced/adjusted for that amount of dividend (whether cash or bonus).Whereas, KSE-30 Index is adjusted for dividends and right shares.
At the end of 13th July, 2007, KSE-30 Index has reached its highest ever level of 17,162.45.
