KSE-100 pushing past 80000 on strong cement sector earnings
KSE-100 pushing past 80000 on strong cement sector earnings. Volume confirming the breakout. #Breakout
Pakistan Stock Exchange
What is the KSE-100 index?
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Short answer
The KSE-100 is the main benchmark index of the Pakistan Stock Exchange. It tracks 100 listed companies weighted by free-float market capitalisation: the largest company from each sector, plus the remaining largest companies overall. When news says "the market rose 1,000 points", it means the KSE-100. It covers most of the exchange's tradable value, so it is the standard measure of how Pakistani shares are doing.
How the 100 companies are chosen
- PSX groups listed companies into sectors (banks, oil and gas exploration, cement, fertiliser, power, technology and others; open-end mutual funds are excluded).
- The company with the largest free-float market capitalisation in each sector is included, so every major sector is represented.
- The remaining places are filled by the largest companies by free-float market capitalisation, regardless of sector.
- The index is recomposed periodically, so companies can enter or leave as their size and liquidity change.
What "free float" means
Free float is the part of a company's shares that is actually available to trade. Shares held by sponsors, directors, the government and other locked-in holders are excluded. PSX moved the KSE-100 to free-float weighting in October 2012. The effect: a company that is mostly government-owned counts for less in the index than its total size would suggest.
KSE-100 and the other PSX indices
| Index | What it tracks | Use |
|---|---|---|
| KSE-100 | 100 companies by sector representation and free-float size | The headline benchmark |
| KSE-30 | 30 most liquid large companies, free-float weighted | Tradable large caps; basis for index futures |
| KMI-30 | 30 largest Shariah-compliant companies | Benchmark for Islamic funds |
| KSE All Share | Every listed company, full market cap | Broad market measure |
What moves the KSE-100
- State Bank interest-rate decisions — rate cuts usually lift shares because bank deposits and T-bills become less attractive.
- IMF programme reviews, the budget and political stability.
- Heavyweight sectors: banks, oil and gas exploration companies, fertiliser and cement carry much of the index's weight.
- Foreign investor flows and global oil prices.
Recent milestones
The KSE-100 began 2026 at record highs: it closed at 176,355 points on 1 January 2026 and traded above 185,000 intraday in mid-January. By September 2026 it was trading around 170,000. Index levels change daily — check the PSX data portal for the current value.
Roman Urdu mein jawab
KSE-100 index kya hai?
KSE-100 Pakistan Stock Exchange ka main index hai jis mein 100 companies hoti hain — har sector ki sab se bari company aur baqi sab se bari companies, free-float market cap ke hisaab se. Jab khabar mein kaha jaye 'market 1,000 points upar gayi' to matlab KSE-100 hai. Yeh Shariah-compliant nahi; uske liye KMI-30 dekhein.
Frequently asked questions
Can I buy the KSE-100 index directly?
Not as a single share. You can buy an index fund or exchange-traded fund (ETF) that tracks it, or build a portfolio of its largest constituents through a PSX broker.
Why is the KSE-100 measured in points?
An index is a number that started from a base value; points show how far total free-float value has moved since then. A 1,000-point move at 170,000 is about a 0.6% change.
Is the KSE-100 Shariah compliant?
No — it includes conventional banks and other non-compliant companies. Islamic investors use the KMI-30 or KMI All Share Index instead.
When is the PSX open?
Regular trading runs Monday to Friday during Pakistan business hours, with a shorter session on Friday. Check PSX for current timings and holidays.