The KSE-100 Index is a total return stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period.[1]
In determining representative companies 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.[2]
History
KSE 100 Index was launched in November 1991 with a base of 1,000 points.[3]
In November 1994, Baring Securities London recomposed the index and established rules for its recomposition.[4]