KSE 100 Index
Karachi Stock Exchange 100 Index (KSE-100 Index) is a stock index acting as
a benchmark to compare prices on the Karachi Stock Exchange (KSE) over a period
of time. In determining representative compaines to compute the index on,
companies with the highest market capitalization are selected. However, to ensure
full market representation, the company with the highest market capitalization from
each sector is also included.
The index was launched in late 1991 with a base of 1,000 points. By 2001, it had
grown to 1,770 points. By 2005, it had skyrocketed to 9,989 points. It then reached
a peak of 12,285 in February 2007.[1] KSE-100 index touched the highest ever
benchmark of 14,814 points on December 26, 2007, a day before the assassination
of former Prime Minister Benazir Bhutto, when the index nosedived.[2] The index
recovered quickly in 2008, reaching new highs near 15,500 (citation needed) in
April. However, by November 22, 2008 during the global financial crisis of 2008 it
had fallen to 9,187.[3]
Top 30 KSE 100 Index companies
The following is a list of 30 companies with the highest market capitalization volume and their
respective weightages in the index and account for over 80% of the KSE index as of February
20, 2008:
Number Company Name Weightage (%) Market Capitalization (PKR)
1 OGDCL 14.14 550,948,930,000
2 MCB 7.17 279,583,150,000
3 National Bank of Pakistan 5.43 211,726,900,000
4 Pakistan Petroleum 5.06 197,201,080,000
5 Standard Chartered Bank 4.41 171,704,800,000
6 PTCL 4.28 166,810,800,000
7 United Bank Limited 4.13 161,025,160,000
8 Jahangir Siddiqui & Company 2.66 103,600,000,000
9 Pakistan State Oil 2.08 81,034,440,000
10 Allied Bank Limited 2.01 78,371,670,000
11 Nestlé Pakistan 1.93 75,280,250,000
12 Pakistan Oilfields 1.71 66,824,220,000
13 Fauji Fertilizer Company 1.68 65,607,390,000
14 ABN AMRO 1.63 63,666,370,000.
15 Engro Chemical 1.45 56,492,990,000
16 Arif Habib Securities 1.40 54,660,000,000
17 NIB Bank 1.27 49,320,250,000
18 Kot Addu Power Company 1.19 46,565,400,000
19 EFU General Insurance 1.16 45,300,000,000
20 Bank of Punjab 1.13 43,869,030,000
21 Fauji Fertilizer Bin Qasim 1.06 41,474,480,000
22 Bank Alfalah 1.03 39,975,000,000
23 Adamjee Insurance 1.01 39,258,300,000
24 Pakistan Tobacco Company 0.99 38,707,280,000
25 Sui Northern Gas Pipelines 0.98 38,300,100,000
26 Hub Power Company 0.98 38,128,240,000
27 Dawood Hercules Chemicals 0.91 35,549,620,000
28 Habib Metropolitan Bank 0.91 35,354,280,000
29 EFU Life Assurance 0.89 34,750,000,000
30 Lucky Cement 0.86 33,593,480,000