KSE-100 INDEX Azam Ahmad AbbasiKhalid Mansoor. History of KSE100 index.Selection rules for KSE100 index.Objectives of KSE100 index.Calculation methodology.

Slides:

Advertisements

Similar presentations

Product Development & Shariah Compliance By Farhan-Ul-Haq Usmani VP, Product Development & Shariah Compliance (PDSC) Meezan Bank Limited A Brief Introduction.

Advertisements

Economics Team September 17, US consumers have decreased Debt Consumer Sentiment has increased Initial unemployment has decreased 26,000 There are.

Spring Update of December 2013 Forecast for 2014 Manufacturing and Non-Manufacturing Sectors Compare 2014 Forecasts with 2013 Reported Results Broad Sector.

What is mutual fund A Mutual Fund is a special type of investment institution which collects or pools the savings of the community and invests large funds.

AMG Database of Fund Flows and Holdings Calculating Fund Flows and Holdings.

Finance 510: Microeconomic Analysis

Managing Finance and Budgets Seminar 4. Seminar Four - Activities  Preparation: read Chapter 7 (M & A 2 nd Edition) Or Chapter 6 (M & A 1 st Edition)

Foreign Investment In INDIA. Foreign Direct Investment (FDI) What is FDI Why we need FDI Process of the Inflow of FDI Benefits Types Advantages.

Pakistani Capital Market. Secondary Market Stock Exchange: An organised/formal market of trading securities is called stock exchange. Over-the-Counter.

SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN. PAKISTAN.

Exchange Traded Funds. Exchange Traded Funds (ETF) Trade just like stocks Trade just like stocks Quick and easy to invest in Quick and easy to invest.

L ECTURE N O. 3 M Fahad Siddiqi Lecturer - Finance IBMS.

Business Management 12.  Canada’s economy is made up of many different industries. There are three main types of industries in Canada: 1) Natural resources.

Swap’s Pricing Group 5 Rafael Vides Aminur Roshid Youmbi Etien Kalame.

Exchange Traded Funds (ETFs)

CLASSIFICATION OF BUSINESS ACTIVITIES.

Today (and continued next week Wednesday if we don’t finish all this today):  Turn in your signed syllabus last page.  Divide up the portfolio’s securities.

Introduction Stock market indices are the barometers of the stock market. They mirror the stock market behavior. With some 7000 companies listed on BSE,

Financial markets Tahira Jaffery.

Measuring GDP by Final Demand Approach An Introduction Vu Quang Viet International Workshop on Measuring GDP by Final Demand Approach Shenzhen, China

SENSEX Presented by Mahesh Airan AEO, ICSI. What is SENSEX? The Sensex is the abbreviated form of BSE-sensitive index, is a “free float market capitalization.

NATIONAL ACCOUNTS PRIVATE CONSUMPTION EXPENDITURE Susan Knox Seminar on Developing a programme for the implementation of the 2008 SNA and supporting statistics.

KSE: LISTED FINANCIAL SECTOR Presentation by Prof. Dr. Khawaja Amjad Saeed Founder Principal, Hailey College of Banking & Finance, University of the Punjab,

16-1 Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall Chapter 16 Managing Finances.

Republic of India is a Neighbour of China Most Populous Countries. It is No.2. China is No. 1. It has unique history of Political stability and a Socialistic.

Relative Valuation techniques & the current scenario of Karachi Stock Market Presented by : Arif Mustafa Ali fayaz Mir Murtaza.

Copyright 2010, The World Bank Group. All Rights Reserved. Industry statistics General overview 1 Business statistics and registers.

Financial Markets & Credit institutions. Practice Variety of teaching methodology Students participation Fair grading Care about st Quizz or viva Feedback.

1 PRESENTATIONFOR USERS PRODUCERS WORKSHOP USERS PRODUCERS WORKSHOP Industrial Statistics AT SBP KARACHI MAY 8-9, 2006.

The Trinidad and Tobago Banking System: Some Stylized Facts Ewart S. Williams Governor Central Bank of Trinidad and Tobago.

Special Topics in Economics Econ. 491 Chapter 11: Stock Exchange Market Report.

Chapter 11 Financial Markets. Investment Investment is the act of redirecting resources from being consumed today so that they may create benefits in.

NATIONAL ACCOUNTS Gross Fixed Capital Formation Kevin Naidoo Seminar on Developing a programme for the implementation of the 2008 SNA and supporting statistics.

2002 Numerical List of Manufactured and Mineral Products Publication Parts: Introduction, Conversion Table Mining Sectors 211, Oil and Gas Extraction 212,

Indirect Investment. Introduction In Direct Investment, investors have control over the buying and selling of securities. In Indirect Investment, investors.

© Pearson Education 2002 Financial ratio classification Categories Profitability Efficiency Liquidity Gearing Investment.

1 Censuses Compared A New Benchmark for British and German Manufacturing 1935/1936 Rainer Fremdling Herman de Jong Marcel P. Timmer University of Groningen.

UNDERSTANDING SHARIA SCREENING METHODOLOGIES AND PRINCIPLES Bandar Seri Begawan, 30 th Nov – 4 th Dec 2015.

Mutual Funds and Other Investment Companies Chapter 4 Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.

Asset Management Industry Sector Presentation Apr 2014 Global IndustryOverviewRegional IndustryDomestic Industry.

Measures of Central Tendency (Contd…) Prepared by: Bhakti Joshi Date: November 28, 2011.

Outsourcing and U.S. Economic Growth: The Role of Imported Intermediate Inputs Christopher Kurz, Paul Lengermann Federal Reserve Board of Governors* World.

Stock Market Valuation Valuing Individual Companies.

INTRODUCTION TO INDUSTRIES. FACTORS AFFECTING THE LOCATION OF INDUSTRIES IN GENERAL AVAILABILITY OF RAW MATERIALS AVAILABILITY OF POWER LABOUR TRANSPORT.

In the field of industry, Pakistan at the time of independence started almost from a scratch i.e. very weak meager condition.

Why do family firms congregate in certain industries? En-Te Chen, QUT, Australia John Nowland, CityU, Hong Kong.

Some Very Basic Info on Corporations and Stocks Part IV Mr. Leavins, BCHS.

China KLEMS Database —— The 2 nd Asia KLEMS Database Management workshop Ren Ruoen Sun Linlin Fan Maoqing Zheng Haitao Li xiaoqin.

1 Glen Sweetnam Energy Information Administration Houston, Texas November 16, 2007 Outlook for North American Natural Gas Demand.

Lecture 5 Types of Mutual Funds Financial Markets.

 It is a grouping of stocks, bonds, or other securities – or it can be a “basket” of goods and services (Consumer Price Index or “CPI”)  Purpose is to.

The primary objective of the Index is to have a benchmark by which the stock price performance can be compared to over a period of time. In particular,

DEVRY FIN 516 Week 2 Mini Case Assignment (3 Sets) Check this A+ tutorial guideline at

CISI – Financial Products, Markets & Services

Sectors of manufacturing

The Stock Market And exchange.

Mutual Funds and Other Investment Companies

Mutual Funds and Other Investment Companies

TORONTO STOCK EXCHANGE

Chapter 2 Learning Objectives

Mutual Funds and Other Investment Companies

Introduction to the Stock Market

Lecture 8 KSE- Settlement.

Financial ratio classification

Manufacturing Activity January 2016

Lecture 2 Chapter 2 Outline The Financing Decision

KSE-100 INDEX Azam Ahmad Abbasi Khalid Mansoor.

What the Consumer Confidence Index Measures:

Variations in Economic Structure

FOR the nine month period fy ‘19 (July ’18 – March ‘19)

Presentation transcript:

KSE-100 INDEX Azam Ahmad AbbasiKhalid Mansoor

History of KSE100 index.Selection rules for KSE100 index.Objectives of KSE100 index.Calculation methodology of KSE100 index.Recomposition of the KSE-100 index Table of content:

Introduced at 1 st November 1999 with base value of 1,000 points. 100 companies selected on the basis of sector representation and highest market capitalization. Captures over 80% of the total market capitalization. Out of the following 35 Sectors, 34 companies are selected i.e. one company from each sector (excluding Open-End Mutual Fund Sector) History KSE100 index

LIST OF SECTORS 1. Open-end Mutual Funds19. Oil & Gas Marketing Companies 2. Close-end Mutual Funds20. Oil & Gas Exploration Companies 3. Modarabas21. Engineering 4. Leasing Companies22. Automobile Assembler 5. Investment Banks/Investment Cos./Securities Cos. 23. Automobile Parts & Accessories 6. Commercial Banks24. Cable & Electrical Goods 7. Insurance25. Transport 8. Textile Spinning26. Technology & Communication 9. Textile Weaving27. Fertilizer 10. Textile Composite28. Pharmaceuticals 11. Woollen29. Chemical 12. Synthetic & Rayon30. Paper & Board 13. Jute31. Vanaspati & Allied Industries 14. Sugar & Allied Industries32. Leather & Tanneries 15. Cement33. Food & Personal Care Products 16. Tobacco34. Glass & Ceramics 17. Refinery35. Miscellaneous 18. Power Generation & Distribution

STOCK SELECTION RULES Rule # 1 Largest market capitalization in each of the 34 Karachi Stock Exchange sectors excluding Open-end Mutual Fund Sector; Rule # 2 The remaining index places (in this case 66) are taken up by the largest market capitalization companies in descending order. Rule # 3 Company which is on the Defaulters’ Counter and/or its trading is suspended, declare Non-Tradable (i.e. NT) in preceding 6 months from the date of decomposition shall not be considered in the decomposition of KSE-100 Index.

Objective KSE100 index The primary objective of the KSE100 index is to have a benchmark by which the stock price performance can be compared to over a period of time. In particular, the KSE 100 is designed to provide investors with a sense of how the Pakistan equity market is performing. Thus, the KSE100 is similar to other indicators that track various sectors of the Pakistan economic activity such as the gross national product, consumer price index, etc.

CALCULATION METHODOLOGY

RECOMPOSITION OF THE KSE-100 INDEX Semi-annual recomposition process. Time-based rule Value-based rule Sector Rules Time-based rule Market Capitalization Rules Rules for new issues

AN EXAMPLE OF THE RECOMPOSTION OF THE KSE100 All divisor adjustment are made after the close of trading.

REPLACEMENT OF STOCK IN THE INDEX