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Market Indices

KSE 100

• Most recognized index of the KSE
• Representation from all sectors of the KSE and includes the largest companies on the basis of their market capitalization
• Represents over 85% of the market capitalization of the Exchange.
  

Download KSE - 100 Index Brochure

KSE 30

• Introduced in 2006
• Based on the “Free Float Methodology”
• Includes only the top 30 most liquid companies listed on the KSE.
  
  

Download KSE - 30 Index Brochure

All Shares
Consists of all the companies listed on the KSE.



KMI-30

• Tracks the 30 most liquid Shariah-compliant companies listed at KSE.
• Introduced in September 2008, KMI comprises of 30 Companies that qualify the KMI Shariah screening criteria and are weighted by float adjusted market capitalization.
• 12% cap on weights of individual securities.
• Rebalanced biannually.
• Shariah Supervisory Board of Meezan Bank chaired by eminent Shariah scholar Justice (Retd.) Mufti Muhammad Taqi Usmani.
  

Download KMI - 30 Index Brochure

Shariah Compliant Stocks at KSE

Shariah Screening Criteria

Shariah compliance of stocks is done under the guidance of qualified and reputed Shariah experts. For stocks to be “Shariah compliant”, it must meet ALL the six key tests given below. Business of the Investee Company Core business of the company must be halal and in line with the dictates of Shariah. Hence, investment in securities of any company dealing in conventional banking, conventional insurance, alcoholic drinks, tobacco, pork production, arms manufacturing, pornography or related activities is not permissible. Debt to Total Assets Debt to Asset ratio should be less than 40%. Debt, in this case, is classified as any interest bearing debts. Zero coupon bonds and preference shares are, both, by definition, part of debt. Non-compliant Investments to Total Assets The ratio of non compliant investments to total assets should be less than 33%. Investment in any non-compliant security shall be included for the calculation of this ratio. Non-complaint Income to Total revenue – Purification of Non-compliant income The ratio of non compliant income to total revenue should be less than 5%. Total revenue includes Gross revenue plus any other income earned by the company. This amount is to be cleansed out as charity on a pro rata ratio of dividends issued by the company. Illiquid Assets to Total Assets The ratio of illiquid assets to total assets should be at least 20%. Illiquid asset, here, is defined as any asset that that Shariah permits to be traded at value other than the par. Net Liquid Assets to Share Price The market price per share should be greater than the net liquid assets per share calculated as: (Total Assets – Illiquid Assets – Total Liabilities) divided by number of shares. Courtesy of Al-Meezan Investments Ltd.

S. No	"Shariah Compliant Stocks at KSE based on the review period ending June 09 (in alphabetical order)"
1	Abbott Laboratories (Pakistan) Limited
2	Agriauto Industries Limited
3	Artistic Denim Mills Limited
4	Atlas Battery Limited
5	Attock Cement Pakistan Limited
6	Attock Refinery Limited
7	Baluchistan Wheel
8	BankIslami Pakistan Limited
9	Bata Pakistan Ltd.
10	BOC Pakistan Limited
11	Century Paper & Board Mills Limited
12	Cherat Cement Company Limited
13	Clariant Pakistan Limited
14	Crescent Steel & Allied Products Limited
15	D.G. Khan Cement Company Limited
16	Fauji Cement Company Limited
17	Fauji Fertilizer Bin Qasim Limited
18	Fauji Fertilizer Company Limited
19	Ferozsons Laboratories Limited
20	Ghandhara Industries
21	Ghani Automobile Industries Limited
22	Ghani Glass Limited
23	GlaxoSmithKline Pakistan Limited
24	Habib Sugar Mills Limited
25	Habib-Adm Limited
26	Highnoon Laboratories Limited
27	Huffaz Seamless Pipe Industries Limited
28	Hub Power Company Limited
29	ICI Pakistan Limited
30	Indus Motor Company Limited
31	Kohat Cement Company Limited
32	Kohinoor Energy Limited
33	KSB Pumps Ltd.
34	Lafarge Pakistan Cement Limited
35	Lucky Cement Limited
36	Maple Leaf Cement Factory Limited
37	Mari Gas Company Limited
38	Meezan Bank Limited
39	Millat Tractors Limited
40	National Foods Limited
41	National Refinery Limited
42	Oil & Gas Development Company Limited
43	Packages Limited
44	Pak Datacom Limited
45	Pak Elektron Limited
46	Pak Suzuki Motor Company Limited
47	Pak Synthetic Fiber
48	Pakistan Cables Limited
49	Pakistan Oilfields Limited
50	Pakistan Petroleum Limited
51	Pakistan PTA Limited
52	Pakistan Refinery Limited
53	Pakistan State Oil Company Limited
54	Pakistan Telecommunication Company Ltd
55	Sanofi Aventis
56	Sazgar Engineering
57	Searle Pakistan Limited
58	Shell Gas LPG (Pakistan) Limited
59	Shell Pakistan Limited
60	Siddiqsons Tin Plate Limited
61	Siemens Pakistan Ltd.
62	Sitara Chemical Industries Limited
63	Sitara Energy Limited
64	Sitara Peroxide Limited
65	Sui Northern Gas Pipelines Limited
66	Sui Southern Gas Company Limited
67	Tariq Glass Industries Ltd
68	Thal Limited
69	Thatta Cement Company Limited
70	Tri-Pack Films Limited
71	Unilever Pakistan Limited
72	Wah Nobel Chemicals Limited
73	Zil Industries
These companies have been screened from the list of securities eligible for entry in KMI-30 as at June 30, 2009. For detailed KMI eligibility and selection criteria please see Sections 1.2 and 1.3 of the KMI Index brochure.
Courtesy of Al-Meezan Investments Ltd. Shariah Advisors

Top Companies

• Top Companies for the year 2006-07
• Top Companies for the year 2005
• Top Companies for the year 2004
• Top Companies for the year 2002-03
• Top Companies for the year 2001

TOP COMPANIES SELECTION CRITERIA

• Criteria for Selection of Top 25 companies for the year 2009
  
  
• Criteria for Selection of Top 25 companies for the year 2008
  
  
• Criteria for Selection of Top 25 companies for the year 2007
  
  
• Criteria for Selection of Top 25 companies for the year 2006

My KSE

Information

Investor Specification

The following plans and tax incentives are available to both investors and listed companies.

Foreign Investor - specific:

1. The foreign investors are freely allowed to operate in the capital market without any retention period.
   
2. There are no restrictions on the extent of foreign ownership stake and also no limit for holding the shares for trading purposes.
   
3. Funds invested in the capital market are freely transferable along with dividend income.
   
4. Foreign investors are treated at par with local investors in tax treatment.
   

Local Investor specific:

1. Capital gains on sale of listed securities are exempt from income tax up to the year 2010. This exemption is available since 1974.
   
2. The dividend is subject to withholding tax at 10%.
   
3. Dividend income is taxed as a separate block of income in the hands of individual shareholders.
   
4. Any income derived from TFC's is subject to income tax with effect from income year 2001 – 2002.
   

General:

1. Listed companies are taxed at 35%.
   
2. Provident funds can now invest in approved listed securities. They are also allowed to invest in open end mutual funds established under the Asset Management Companies Rules 1996.
   
3. No turnover tax is payable by companies on their turnover representing transactions in securities listed on stock exchanges.

Forex Rates PakistaN

Open Market Forex Rates Currency Symbol Buying Selling U.S. Dollar USD 84.35 84.65 Euro EUR 113.7 114.5 British Pound GBP 128.2 129 UAE Dirham AED 22.88 23.08 Saudi Riyal SAR 22.38 22.58 Kuwaiti Dinar KWD 294.1 297.1 Canadian Dollar CAD 83.3 84.3 Australian Dollar AUD 77.15 78.15 Omani Riyal OMR 220.55 223 Japanese Yen JPY 0.89 0.9 Malaysian Ringgit MYR 23 24.5 Qatari Riyal QAR 23.3 23.5 Bahrain Dinar BHD 225.2 227.1 Thai Bhat THB 2.4 2.6 Chinese Yuan CNY 12 13.5 Hong Kong Dollar HKD 10.8 10.95 Danish Krone DKK 15.5 16 New Zealand Dollar NZD 59.5 60.5 Singapore Dollar SGD 59.8 60.8 Norwegians Krone NOK 14.3 14.8 Swedish Krona SEK 11.75 12 Swiss Franc CHF 79.6 80.6 View All Inter Bank Forex Rates Currency Symbol Buying TT Clean Selling TT & OD Buying OD/T.CHQ US Dollar USD 84.1 84.3 83.92 UK Pound Sterling GBP 128.34 128.64 128.05 Australian Dollar AUD 77.47 77.66 77.27 Japanese Yen JPY 0.8918 0.8939 0.8895 Chinese Yuan CNY 12.32 12.35 12.29 U.A.E Dirham AED 22.9 22.95 22.84 View All International Forex Rates Currency Symbol PKR U.S. Dollar USD 84.27 UAE Dirham AED 22.94 British Pound GBP 128.97 Saudi Arabian Riyal SAR 22.47 Australian Dollar AUD 77.61 Canadian Dollar CAD 83.89 View All Forex Rates Pakistan - Find online daily updated live forex rate in open market, inter bank, and International forex rates on Hamariweb.com. Forex is short for foreign exchange rates, here you get Pakistan Pak rupee foreign exchange rate in US dollars, Euro, GBP and other currencies. You will also find historical forex rates, forex trading, forex news, forex charts, & graphs, forex articles and currency rate conversion from PKR to USD, Euro, GBP, SAR, CAD and other major currencies. This site help you find online Pak forex or Pakistan rupee exchange rate by forex brokers in Pakistani cities like Karachi, Lahore, and Islamabad. Forex is short for foreign exchange also known as FX. Forex is to assist international trade and investment and Forex market is one of the largest and most liquid financial markets in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world.
Disclaimer:All the Gold rates, Forex rates, Market rates, Indexes information and volumes of the companies, business news update material in this website are provided for information only and ..Read

Karachi Stock Exchange 0

Karachi Stock Exchange

KSE-100 10,429.49 12.97(0.12%) Volume 123,611,154 KSE-30 10,688.09 7.11(0.07%) Volume 55,421,017

KASB VaR-O-Meter

KSE - Karachi Stock Exchange Apr 05, 2010 16:55 Market Status Suspend Volume 222,521,091 Value 9,113,994,028.76 Trades 100,753 Symbols Advanced 179 Decline 244 Unchanged 21 Total 444 Index Current High Low Change KSE All Share Index 7352.69 7387.79 7324.15 17.21 KSE 100 Index 10447.84 10491.87 10403.83 31.32 KSE 30 Index 10707.31 10758.45 10652.46 26.33 KMI 30 Index 15867.50 15960.56 15824.71 6.97 KSE Market Summary KSE Trade Screen LOTPTA 12.17 1.00 ANL 12.86 -0.80 TRG 4.21 0.00 AHSL 46.42 2.21 BAFL 12.75 0.25 PTC 21.33 0.02 OGDC 132.00 -0.25 JSCL 21.14 -0.43 AICL 128.00 2.35 POL 243.75 -1.12 MCB 216.00 1.00 NBP 71.00 0.39 DGKC 31.11 -0.51 PPL 203.30 2.84 ENGRO 213.02 3.12 NIB 4.29 0.08 ATRL 122.70 1.57 KAPCO 47.50 0.73 WTL 4.57 -0.12 NETSOL 30.15 0.89 NML 56.75 0.26 FFBL 32.15 -0.18 FFC 113.81 0.57 LPCL 4.70 -0.08 PSO 321.42 1.40 BOP 16.22 -0.08 FABL 17.80 0.23 LUCK 82.40 -1.01 PACE 5.54 -0.05 KESC 2.86 -0.06 Karachi Stock Exchanges - KSE KSE - Karachi Stock Exchange - The biggest and most liquid exchange of Pakistan. Karachi is financial capital of Pakistan as KSE stock exchange was established on September 18, 1947 and now become a Premier Stock exchange of Pakistan. KSE has many Pakistani as well as overseas listings. Its current premises are situated on Stock Exchange Road, in the heart of Karachi's Business District. KSE is the second oldest stock exchange in South Asia. In 2002 KSE stock exchange was declared as the "Best Performing Stock Market of the World" by Business Week and USA Today, the US newspaper termed KSE Karachi Stock Exchange as one of the best performing bourses in the world. KSE objective is to become a leading financial institution, offering efficient, fair, and transparent securities market in the region. Hamariweb.com Finance provides kse 100 index, live Karachi stock exchange index, kse live rates, kse analysis, data, stock price, announcements, and kse online trading. KSE is among with all others advance stock exchange markets and has electronic trading system. KSE began with a 50 shares index. As the market grew a representative index was needed. On November 1, 1991 the KSE-100 was introduced and remains to this date the most generally accepted measure of the Exchange. The KSE-100 is a capital weighted index and consists of 100 companies representing about 86 percent of market capitalization of the Exchange. It has 4 indices KSE 100, KSE 30, KSE all share index and KMI 30.
Disclaimer:All the Gold rates, Forex rates, Market rates, Indexes information and volumes of the companies, business news update material in this website are provided for information only and ..Read