Updated :
Saturday June 16 , 2012 4:06:42 PM
The Karachi Stock Exchange has decided to introduce a new benchmark 100-share index.
The special committee of KSE, the new index would work according to free flout methodology, and the index would compromise on available shares instead of overall shares of specific companies.
According to the received by KSE members the old benchmark 100-share index would also continue work for 90 days with new introduced benchmark, and after October 1st only the new bench mark would be operational.
The procedure of new index's account nad appointment has been changed.
The Karachi Stock Exchange has decided to introduce a new benchmark 100-share index.
The special committee of KSE, the new index would work according to free flout methodology, and the index would compromise on available shares instead of overall shares of specific companies.
According to the received by KSE members the old benchmark 100-share index would also continue work for 90 days with new introduced benchmark, and after October 1st only the new bench mark would be operational.
The procedure of new index's account nad appointment has been changed.
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