KSE 30 Index

{{Short description|Pakistani stock market index}}

{{Use British English|date=August 2023}}

{{Use dmy dates|date=August 2023}}

{{Infobox financial index

| name = KSE-30 Index

| logo =

| image =

| caption =

| foundation = {{start date and age|2006|9|1}}

| operator = Pakistan Stock Exchange (PSX)

| exchanges =

| symbol = KSE30

| constituents = 30

| cap_level = Large cap

| mcap =

| weighting = free float methodology

| homepage = {{URL|https://www.psx.com.pk/psx/product-and-services/indices#equity-indices|www.psx.com.pk}}

}}

The KSE-30 Index is a stock market index which tracks the performance of the top 30 most liquid companies listed on the stock exchanges in Pakistan.{{cite news |title=PSX re-composes KSE-30 Index: six companies make the switch |url=https://mettisglobal.news/psx-re-composes-kse-30-index-six-companies-make-the-switch/ |access-date=26 August 2023 |work=Mettis Global Link |date=1 August 2023 |language=en}} The index is based on a free float methodology{{cite web |title=KSE - 30 INDEX |url=https://www.psx.com.pk/psx/themes/psx/uploads/KSE-30_Index_updated_version.pdf |website=Pakistan Stock Exchange Ltd |publisher=PSX |access-date=26 August 2023 |page=3 |language=en}} in differentiation to other indices based on paid-up capital.{{cite news |last1=Shahid |first1=Ariba |title=No, the stock market is not an accurate indicator of the economy |url=https://profit.pakistantoday.com.pk/2021/08/22/no-the-stock-market-is-not-an-accurate-indicator-of-the-economy/ |access-date=26 August 2023 |work=Profit by Pakistan Today |date=22 August 2021 |language=en}}

The KSE-30 Index was launched and implemented by the Karachi Stock Exchange in 2006.{{cite news |title=What is KSE-30 Index |url=https://capital.com/kse-30-index-definition |access-date=26 August 2023 |work=Capital.com |language=en}} In 2016, the Karachi Stock Exchange was merged with the Lahore Stock Exchange and Islamabad Stock Exchange to the Pakistan Stock Exchange (PSX).{{Cite web|title=Ishaq Dar formally launches Pakistan Stock Exchange|url=https://www.thenews.com.pk/latest/89546-Ishaq-Dar-formally-launches-Pakistan-Stock-Exchange|access-date=2022-02-24|website=www.thenews.com.pk|language=en}} In 2016, the PSX announced a change in the KSE-30 index, stating that it would only cover the top thirty companies. The index will be re-composed twice a year.