KSE-100 Index

KSE-100 INDEX
“Free-Float Market Capitalization” shall now be used instead of “Market Capitalization”.

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In particular. CPI. Thus. the KSE100 Index is similar to other indicators that track various sectors of country’s economic activity such as GNP. . etc.OBJECTIVE The primary objective of the eKSE-100 Index is to have a benchmark by which the stock price performance can be compared to over a period of time. the KSE-100 Index is designed to provide investors with a sense of how the Pakistan equity market is performing.

one company from each sector (excluding Open-End Mutual Fund Sector) on the basis of the largest market capitalization and the remaining 68 companies are selected on the basis of largest market capitalization in descending order.What is KSE-100 Index The KSE-100 Index was introduced in November 1991 with base value of 1. 32 companies are selected i. The Index comprises of 100 companies selected on the basis of sector representation and highest market capitalization. Out of 33 Sectors.e. 4 .000 points. which captures over 90% of the total market capitalization of the companies listed on the Exchange.

Base year No of scrips Base index value 1991 100 1000 Date of launch 1st November.KSE-100 Index Method(s) of calculation Launched on full market capitalization and is now being shifted to free floated market capitalization. 1991 .

Pharma and Bio Tech 21. Electronic and Electrical Equipment 19. Leisure Goods 17. Personal Goods 18. Life Insurance 29. Oil and Gas 3. Foresty and Paper 5. Health Care Equipment and Services . Electricity 25. Food Producers 23. Tobacco 20. Commercial Banks 27. Technology Hardware & Equipment 8. Gas Water and Multiutilities 4.BRIEF ABOUT KSE-100 INDEX List of Sectors 1. General Industrials 9. Media 22. Beverages 14. Construction and Materials 7. Industrial Transportation 11. Engineering 10. Equity Investment Instruments 32. Real Estate Investment &Services 30. Open-End Mutual Funds 2. Household Goods 16. Travel and Leisure 26. Financial Services 31. Chemicals 12. Support Services 15. Non Life Insurance 28. Software & Computer Services 33. Industrial Metals and Mining 6. Automobile and Parts 13. Fixed Line Telecommunication 24.

declared Non-Tradable (i.e. Rule # 2 The remaining index places are taken up by the largest market capitalization companies in descending order.BRIEF ABOUT KSE-100 INDEX Stock Selection Rules The Selection Criteria for stock inclusion in the KSE-100 Index are: Rule # 1 Largest market capitalization in each of the 32 KSE Sectors excluding Open-end Mutual Fund Sector. Rule # 3 Company which is on the Defaulters’ Segment and / or its trading is suspended. NT) in preceding 6 months from the date of re- composition shall not be considered. .

based on Full Market Capitalization) The KSE-100 Index is a basket of price and number of shares. The value of the basket is regularly compared to a starting point or a base period. To make the computation simple. 1991. the total market value of the base period has been adjusted to 1. .Calculation Methodology KSE-100 INDEX (Existing. The KSE-100 Index calculation at any time involves multiplication of share price and shares outstanding for each of the KSE-100 Index component stocks.000 points. The base period of KSE-100 Index is November 1.

The Rules for Composition and Re-composition of the Index shall remain unchanged. The only difference of the new Index is the selection and computation of the Index on the basis of free-float market capitalization instead of total market capitalization of the existing Index. .KSE-100 INDEX Free-Float Methodology The KSE-100 Index shall now be calculated on the basis of free-float market capitalization of companies instead of full market capitalization.

In generally excludes the shares held by Directors / Sponsors/ Promoters. .KSE-100 INDEX Definition of Free-Float Free-float means proportion of total shares issued by a company that are readily available for trading at the stock exchanges. Government Holding and other locked-in shares not available for trading in the normal course.

KSE-100 INDEX Calculation of Free-float Total Outstanding Shares Less: Shares held by Directors / Sponsors Government Holdings XXX XXX XXX Shares held by Associated Companies XXX _____ Shares held with General Public in Physical Form XXX Free-Float XXX --------- .

Capitalization Rule: The remaining 68 companies are taken up on the basis of market capitalization of companies in the descending order.Selection Criteria for inclusion in KSE-100 The Selection Criteria for inclusion of companies in the Re-composed KSE-100 Index comprising of the following two categories. excluding Open-end Mutual Fund Sector. Sector Rule: Largest market capitalization in each of the 32 Sectors of the Exchange. .

06% 7. Ltd.18% 3.05% 5.69% 2.85% 1.39% 1.60% 2.51% 2.59% 1.86% 1. Pakistan Telecommunication Co.Comparative of Existing KSE-100 & FF KSE-100 as on September 272012 Serial 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Company Code OGDC FFC MCB PPL POL HUBC ENGRO ULEVER UBL PSO NBP LUCK BAHL HBL FFBL DGKC PTC BAFL Symbol Name Oil & Gas Development Company Limited Fauji Fertilizer Company Limited MCB Bank Limited Pakistan Petroleum Limited Pakistan Oilfields Limited Hub Power Company Limited Engro Corporation Limited UniLever Pakistan Limited United Bank Limited Pakistan State Oil Company Limited National Bank of Pakistan Limited Lucky Cement Limited Bank AL Habib Limited Habib Bank Limited Fauji Fertilizer Bin Qasim Limited D.72% 3.29% 1.25% 2.93% 7.81% 3.52% 1.18% 2.97% 4.00% 1.09% 0.41% 4.62% Free Float Weightage 13.09% 2.96% 0.77% 8. Bank Alfalah Limited Full Cap Weightage 21.24% 2.53% 3.51% 1. Khan Cement Co.31% 2.08% 9.45% 3.34% 1.28% . Ltd.20% 0.63% 0.36% 1. G.

39% 1.52% 1.09% 0.20% 0.53% 3.24% 2. Khan Cement Co.08% 9.86% 1. Ltd.Comparative of Existing KSE-100 & FF KSE-100 as on September 272012 Serial 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Company Code OGDC FFC MCB PPL POL HUBC ENGRO ULEVER UBL PSO NBP LUCK BAHL HBL FFBL DGKC PTC BAFL Symbol Name Oil & Gas Development Company Limited Fauji Fertilizer Company Limited MCB Bank Limited Pakistan Petroleum Limited Pakistan Oilfields Limited Hub Power Company Limited Engro Corporation Limited UniLever Pakistan Limited United Bank Limited Pakistan State Oil Company Limited National Bank of Pakistan Limited Lucky Cement Limited Bank AL Habib Limited Habib Bank Limited Fauji Fertilizer Bin Qasim Limited D.28% .09% 2.31% 2.72% 3.18% 3. G.51% 1.06% 7.36% 1.97% 4.25% 2.05% 5.45% 3.63% 0.29% 1.34% 1.60% 2.59% 1.18% 2.77% 8.00% 1.62% Free Float Weightage 13. Bank Alfalah Limited Full Cap Weightage 21.51% 2.81% 3.85% 1. Pakistan Telecommunication Co.96% 0. Ltd.41% 4.69% 2.93% 7.

29% 0.70% 0.Comparative of Existing KSE-100 & FF KSE-100 Serial 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 Company Code NML NESTLE KAPCO EFOODS KESC HMB FATIMA MTL APL ABL AKBL NRL JSCL EFUG DAWH AICL INDU SNBL Symbol Name Nishat Mills Limited Nestle Pakistan Limited Kot Addu Power Company Limited Engro Foods Limited The Karachi Electric Supply Company Ltd.22% 0.93% 0.83% 0.57% 0.87% 0.59% 0.59% 0.93% 0.72% 0.36% 1. Habib Metropolitan Bank Limited Fatima Fertilizer Company Limited Millat Tractors Limited Attock Petroleum Limited Allied Bank Limited Askari Bank Limited National Refinery Limited Jahangir Siddiqui & Company Limited EFU General Insurance Company Ltd.11% 0.50% 0.52% 1.87% 0.50% 0.73% 0.17% 1.53% 0.67% 0.65% 0.41% 0.35% 0.18% Free Float Weightage 1. Dawood Hercules Corporation Limited Adamjee Insurance Company Limited Indus Motor Company Limited Soneri Bank Limited Full Cap Weightage 0.56% 5.58% .28% 0.18% 1.80% 0.98% 0.50% 0.62% 0.39% 0.96% 1.76% 0.

34% 0.54% 0.42% 0.77% 0.40% 0.33% 0.17% 0.44% 0.53% 0.28% 0.35% 0.34% 0.44% 0.29% 0.46% 0. Abbott Laboratories (Pakistan) Limited Attock Refinery Limited Arif Habib Corporation Limited Packages Limited ICI Pakistan Limited Pakistan International Container Terminal JDW Sugar Mills Limited Thal Limited PICIC Growth Fund Pakistan Reinsurance Compnay Limited IGI Insurance Limited Sui Northern Gas Pipelines Limited Fauji Cement Company Limited GlaxoSmithKline Pakistan Limited Symbol Name Full Cap Weightage 0.Comparative of Existing KSE-100 & FF KSE-100 Serial 37 38 39 40 41 42 43 44 45 46 NIB PSEL SSGC ABOT ATRL AHCL PKGS ICI PICT JDWS THALL PGF PAKRI IGIIL SNGP FCCL GLAXO Company Code NIB Bank Limited Pakistan Services Limited Sui Southern Gas Company Ltd.17% 0.32% 0.30% 0.47% 0.39% 0.51% Free Float Weightage 0.24% 0.33% 47 48 49 50 51 52 53 .23% 0.43% 0.34% 0.10% 0.34% 0.43% 0.45% 0.16% 0.34% 0.36% 0.48% 0.

. 2012.FF KSE-100 Parallel Run • • • • • Index Experts Committee (IEC) approved KSE-100 Index Free-Float shift in first half of 2012 KSE Governing Board ratified the IEC decision of KSE-100 Free-Float Migration in April 2012 KSE Management started parallel run of the two indices from 30th May 2012 on KSE website KSE notified the market about the Board Decision vide Notice (N-2968) dated June 15th. Stakeholders informed of awareness presentation vide Notice (N-3650) Dated August 8th 2012.

00 13.12.00 15.500.00 13.500.00 14.00 14.000.00 29-May-12 31-May-12 2-Jun-12 4-Jun-12 6-Jun-12 8-Jun-12 10-Jun-12 12-Jun-12 14-Jun-12 16-Jun-12 18-Jun-12 20-Jun-12 22-Jun-12 24-Jun-12 Free Float index 26-Jun-12 28-Jun-12 30-Jun-12 2-Jul-12 4-Jul-12 6-Jul-12 8-Jul-12 10-Jul-12 12-Jul-12 14-Jul-12 16-Jul-12 18-Jul-12 20-Jul-12 22-Jul-12 24-Jul-12 26-Jul-12 28-Jul-12 30-Jul-12 Full M.000. Cap Index FF KSE-100 Parallel Run .500.000.

28% 0. Pakistan Telecommunication Co.63% 8.14% 2.21% 1.34% 0.05% 0.35% 1.28% Free Float Weightage 13. Engro Foods Limited 1.93% .50% 0.08% 1.36% 3.51% 7.27% RMPL PTC EFOODS Rafhan Maize Products Ltd.11% 1.76% 1. Ltd.18% 1.09% 1.73% 0.45% 5.Top 10 Weightage Reduction in FF KSE-100 Symbol OGDC NESTLE HBL PPL COLG ABL SCBPL Name Oil & Gas Development Company Limited Nestle Pakistan Limited Habib Bank Limited Pakistan Petroleum Limited Colgate Palmolive (Pak) Limited Allied Bank Limited Standard Chartered Bank (Pakistan) Limited Full Cap Weightage 21.

Khan Cement Co.85% 1. Ltd.00% 1.97% 1.Top 10 Weightage Increase in FF KSE-100 Symbol FFC HUBC MCB POL ENGRO PSO BAHL LUCK DGKC BAFL Name Fauji Fertilizer Company Limited Hub Power Company Limited MCB Bank Limited Pakistan Oilfields Limited Engro Corporation Limited Pakistan State Oil Company Limited Bank AL Habib Limited Lucky Cement Limited D.77% 2.72% 7.18% 2.62% Free Float Weightage 9.28% .52% 4.06% 4.81% 1. G.86% 2.24% 0.60% 0.53% 1.31% 1. Bank Alfalah Limited Full Cap Weightage 3.41% 3.36% 1.93% 5.20% 0.

THANKS! .

Who are Bulls & Bears Those who buy shares in anticipation of increase in prices are commonly referred to as bulls And those who sell shares anticipating a fall in prices are referred to as bears. .

Bonus and Right are adjusted in the Index. Corporate actions by the companies such as declaration of Dividend. Bonus and Right KSE-100 Index is a total return Index.BRIEF ABOUT KSE-100 INDEX Adjustment of Dividend. .

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