Wednesday, September 15, 2021

Trading system of karachi stock exchange

Trading system of karachi stock exchange


trading system of karachi stock exchange

WHEREAS the Karachi Stock Exchange (Guarantee) Limited has decided to introduce a regulatory framework for Internet based trading which includes but is not limited to system processes, operations, information security, confidentiality, availability, integrity of the information systems and infrastructure and personnel involved 21/08/ · PSX (Pakistan Stock Exchange Limited) - Stock/share market updates from Pakistan’s premier stock exchange. Get all the current stock/share market data; information to investors on KSE , stock quotes, indices and corporate announcements Karachi Stock Exchange Limited Page 5 of 32 KiTS Trading Interface INTRODUCTION: KiTS Trading Interface It shows buying and selling rate of shares with respect to its symbol. Within its Market Watch, it contains more detailed information about each share. The user can buy or sell their shares



Karachi Stock Exchange - Wikipedia



Pakistan Stock Exchange Limited PSX formerly: Karachi Stock Exchange Guarantee Limited KSE was established on September 18, It was incorporated on March 10, Only five companies were initially listed trading system of karachi stock exchange a total paid-up capital of 37 million rupees. The first index introduced in KSE was based on fifty companies and was called KSE 50 index.


Trading used to be carried out on open out-cry system. Computerized trading system called Karachi Automated Trading System KATS was introduced in with a capacity of 1. In Octoberunder the Securities and Exchange Ordinance of by the Government of Pakistan, a second stock exchange was established in Lahore in response to the needs of the provincial metropolis of the province of Punjab. It initially had 83 members and was housed in a rented building in the crowded Bank Square area of Lahore.


The LSE was the first stock exchange in Pakistan to use the internet. Yet another stock exchange known as Islamabad Stock Exchange was established in Islamabad, the capital city of Pakistan on October 25, with the main object of setting up of a trading and settlement infrastructure, information system, skilled resources, accessibility and a fair and orderly market place that ranks with the best in the world and to cater to the needs of less developed areas of the northern part of Pakistan.


It was licensed as a stock exchange on January 7, All trading system of karachi stock exchange three exchanges had separate management, trading interfaces, indexes, trading system of karachi stock exchange, listing criteria etc and thus had no mutual links to each other. All three exchanges were previously operating as a non-profit organizations with mutualized structure wherein there respective members had trading as well as ownership rights.


This structure inherently created trading system of karachi stock exchange of interest and perceived to jeopardize the investors' interest. As a result these three exchanges were merged together to form a new combined exchange called Pakistan Stock Exchange Limited PSX which started its operations on January 11, under this new title.


As provided under the aforesaid Demutualization Act, now Members have ceased to be Members of PSX and they have been issued Trading Right Entitlement Certificates "TRECs" and PSX's ownership shares, thus separating trading rights from ownership rights. Whereas TRECs represent trading rights, PSX shares represent ownership, trading system of karachi stock exchange. Now, TREC holders need not be a shareholder of PSX nor a PSX shareholder is required to be TREC holder of PSX.


As envisaged under the provisions of the Demutualization Act, regulatory functions have been segregated from commercial functions of PSX, so that regulatory functions are not compromised for achievement of commercial objective of generating revenue. Karachi branch of Pakistan Stock Exchange is located on Stock Exchange Road, in the heart of business district of Karachi. The premises is known as Stock Exchange Building.


As on September 8th, there are companies listed in PSX and the total market capitalization is Rs. All the listed companies are categorized in various main business sectors.


As on September 8th, there are total 36 sectors listed on Pakistan Stock Exchange which contribute towards the market capitalization and all the listed companies excluding their future contracts are divided among these. Rest of the noncontributory sectors are allocated for indexes, futures, bonds etc. For a complete list of sectors, click here For a complete list of listed companies, click here. The KSE Index was introduced in November with base value of 1, points.


one company from each sector on the basis of the largest free-float capitalization and the remaining 64 companies are selected on the basis of largest free-float capitalization in descending order.


This is a total return index i. dividend, bonus and rights are adjusted. It is revised after every six months for inclusion or exclusion of companies on the basis of above mentioned criteria. Free-Float is the proportion of total paid-up shares issued by a company that are readily available for trading at a Stock Exchange. It implies that the shares held by controlling directors, sponsors, promoters, government and other locked-in shares which are not available for trading in the normal course are excluded.


Duringthe governing board of directors of the Pakistan Stock Exchange formarly: Karachi Stock Exchange decided to implement the KSE Index on the basis of free-float market capitalization instead of total market capitalization.


The Rules for composition and recomposition of the Index based on free-float methodology have remained un-changed other than selection of companies on the basis of free-float market capitalization trading system of karachi stock exchange against total market capitalization.


Inthe need was felt for an all share index to reconfirm the KSE and also to provide the basis of index trading in future. By August 29, the KSE-All Share Index was constructed which became operative on September 18, KSE-All Index is calculated using total market capitalization method. KSE Index is calculated using the free-float capitalization methodology. Introduced in Spetemberthe objective of KSE-Meezan Index KMI is to serve as a gauge for measuring the performance of Shariah compliant equity investments.


Besides tracking performance of Shariah compliant equities, its construction will increase investor trust and enhance their participation. For a list of current Shariah compliant companies and their selection criteria please visit Al-Meezan Investment Management Limited.


Introduced on November 18, as a joint effort by the management of Pakistan Stock Exchange PSX and Meezan Islamic Bank Limited.


The principal objective of the All Shares Islamic Index is to gauge the performance of the Shariah compliant segment of the equity market. Accordingly, it is important that all those shares which meet the Shariah screening criteria should be included in the All Shares Islamic Index in order to ensure completeness of the index and adherence to the core objective of the proposed All Shares Islamic Index.


The companies included in this index are selected on the basis of a six factors selection criteria. First criteria is that the core business of the company must be permissable in Islamic Shariah and also on ethical grounds. Other five trading system of karachi stock exchange determine the financial compliance of the companies.


After selection, trading system of karachi stock exchange, these companies pass through another six stage filter to exclude defaulter, non-operational companies along with all Mutual Fund companies. Base value for this index has been set at 15, points. Review and Re-composition will be carried out bi-annually. You can get download a complete brochure and current list of companies included in this index from the official web site of Pakistan Stock Exchange.


Disclaimer: ksestocks. com is not the official website of Pakistan Stock Exchange. For PSX official website please visit www. pk Copyright © KSEStocks Dot Com Privacy Policy. com is not a KSE website. For KSE official website please visit www.


pk Thursday, September 9, Modules Home Quotations Software Daily Quotations Daily Market Summary Corporate Announcements Board Meetings Book Closures Pivot Points Wilder's ADX Parabolic SAR Historic High Low X-Rate Calculator List Of Sectors List Of Registrars Listed Companies Old Listed Companies Market Indexes Composition Search Companies About Pakistan Stock Exchange Contact Us.


Pakistan Stock Exchange Limited PSX : Formerly: Karachi Stock Exchange Limited KSE. Brief History: Pakistan Stock Exchange Limited PSX formerly: Karachi Stock Exchange Guarantee Limited KSE was established on September 18, Listing in PSX: As on September 8th, there are companies listed in PSX and the total market capitalization is Rs. pk KSE Index: The KSE Index was introduced in November with base value of 1, trading system of karachi stock exchange, points.


Free Float: Free-Float is the proportion of total paid-up shares issued by a company that are readily available for trading at a Stock Exchange. KSE ALL Index: Inthe need was felt for an all share index to reconfirm the KSE and also to provide the basis of index trading in future.


KMI 30 Index: Introduced in Spetembertrading system of karachi stock exchange, the objective of KSE-Meezan Index KMI is to serve as a gauge for measuring the performance of Shariah compliant equity investments. For a list of current Shariah compliant companies and their selection criteria please visit Al-Meezan Investment Management Limited ALL SHARES ISLAMIC Index: Introduced on November 18, as a joint effort by the management of Pakistan Stock Exchange PSX and Meezan Islamic Bank Limited.


Thursday, September 9, Home Quotations Software Daily Quotations Daily Market Summary Corporate Announcements Board Meetings Book Closures Pivot Points Wilder's ADX Parabolic SAR Historic High Low X-Rate Calculator List Of Sectors List Of Registrars Listed Companies Trading system of karachi stock exchange Listed Companies Market Indexes Composition Search Companies About Pakistan Stock Exchange Contact Us.




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trading system of karachi stock exchange

02/09/ · Yet another stock exchange known as Islamabad Stock Exchange was established in Islamabad, the capital city of Pakistan on October 25, with the main object of setting up of a trading and settlement infrastructure, information system, skilled resources, accessibility and a fair and orderly market place that ranks with the best in the world 21/08/ · PSX (Pakistan Stock Exchange Limited) - Stock/share market updates from Pakistan’s premier stock exchange. Get all the current stock/share market data; information to investors on KSE , stock quotes, indices and corporate announcements WHEREAS the Karachi Stock Exchange (Guarantee) Limited has decided to introduce a regulatory framework for Internet based trading which includes but is not limited to system processes, operations, information security, confidentiality, availability, integrity of the information systems and infrastructure and personnel involved

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