KSE-100 Index

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

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CPI. the KSE-100 Index is designed to provide investors with a sense of how the Pakistan equity market is performing. Thus.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. . In particular. etc. the KSE100 Index is similar to other indicators that track various sectors of country’s economic activity such as GNP.

e. 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. which captures over 90% of the total market capitalization of the companies listed on the Exchange. Out of 33 Sectors. The Index comprises of 100 companies selected on the basis of sector representation and highest market capitalization. 4 .000 points. 32 companies are selected i.What is KSE-100 Index The KSE-100 Index was introduced in November 1991 with base value of 1.

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 .

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

NT) in preceding 6 months from the date of re- composition shall not be considered.e.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 # 2 The remaining index places are taken up by the largest market capitalization companies in descending order. Rule # 3 Company which is on the Defaulters’ Segment and / or its trading is suspended. declared Non-Tradable (i. .

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

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. . 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. The Rules for Composition and Re-composition of the Index shall remain unchanged.

Government Holding and other locked-in shares not available for trading in the normal course. 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.

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. . excluding Open-end Mutual Fund Sector. Sector Rule: Largest market capitalization in each of the 32 Sectors of the Exchange.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.

62% Free Float Weightage 13. Bank Alfalah Limited Full Cap Weightage 21.24% 2.29% 1.00% 1.25% 2.31% 2. Ltd.72% 3.09% 0.51% 1.60% 2.53% 3.05% 5.85% 1.28% .52% 1.45% 3.81% 3.08% 9.69% 2. Khan Cement Co. G.06% 7.39% 1.51% 2. Ltd.86% 1.63% 0.59% 1.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.41% 4.96% 0.97% 4.20% 0.36% 1. Pakistan Telecommunication Co.18% 3.77% 8.18% 2.09% 2.34% 1.93% 7.

25% 2.77% 8.72% 3.51% 1.34% 1.39% 1. G.63% 0.62% Free Float Weightage 13. Ltd.09% 2.53% 3.86% 1.08% 9.81% 3.09% 0.97% 4.24% 2.41% 4.29% 1.93% 7.05% 5. Khan Cement Co.31% 2.18% 2.06% 7. Pakistan Telecommunication Co.51% 2. Bank Alfalah Limited Full Cap Weightage 21.36% 1.20% 0.28% .59% 1.45% 3.96% 0.60% 2.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.00% 1.52% 1.69% 2. Ltd.18% 3.85% 1.

87% 0.52% 1.93% 0.58% .36% 1.17% 1.18% Free Float Weightage 1.11% 0.93% 0.56% 5.73% 0.83% 0.41% 0.18% 1.65% 0.62% 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.53% 0.96% 1.29% 0.28% 0.70% 0. Dawood Hercules Corporation Limited Adamjee Insurance Company Limited Indus Motor Company Limited Soneri Bank Limited Full Cap Weightage 0.22% 0.80% 0.67% 0.50% 0.59% 0.50% 0.72% 0.50% 0. 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.59% 0.87% 0.98% 0.76% 0.35% 0.39% 0.57% 0.

34% 0.42% 0.44% 0.40% 0.34% 0.24% 0.53% 0.48% 0.54% 0.43% 0.32% 0.17% 0.77% 0.33% 47 48 49 50 51 52 53 .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.34% 0.33% 0.28% 0.34% 0.30% 0.51% Free Float Weightage 0.39% 0.36% 0.35% 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 0.45% 0.17% 0.29% 0.47% 0.46% 0.44% 0.23% 0.34% 0.10% 0.16% 0.43% 0.

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. 2012.

500.00 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.00 14.00 15.12.00 13.00 14.000.000.000.00 13. Cap Index FF KSE-100 Parallel Run .500.500.

73% 0.34% 0.18% 1. Ltd.21% 1.28% 0. Engro Foods Limited 1.09% 1.28% Free Float Weightage 13.08% 1.27% RMPL PTC EFOODS Rafhan Maize Products Ltd.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. Pakistan Telecommunication Co.45% 5.93% .36% 3.35% 1.11% 1.51% 7.63% 8.14% 2.50% 0.05% 0.76% 1.

52% 4.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.72% 7.24% 0. Bank Alfalah Limited Full Cap Weightage 3.81% 1.86% 2.18% 2.20% 0.06% 4.93% 5.53% 1.85% 1. G.60% 0.36% 1. Khan Cement Co. Ltd.00% 1.77% 2.28% .41% 3.97% 1.31% 1.62% Free Float Weightage 9.

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

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