Karachi Stock Exchange is the biggest and most liquid exchange and has been declared as the “Best Performing Stock Market of the World for the year 2002”. As on December 31, 2007, 654 companies were listed with the market capitalization of Rs. 4,329,909.79 billion (US $ 70.177) having listed capital of Rs. 671.269 billion (US $ 10.880 billion). The KSE 100 Index closed at 14075.83 on December 31, 2007.

KSE has been well into the 6th year of being one of the Best Performing Markets of the world as declared by the international magazine “Business Week”. Similarly the US newspaper, USA Today, termed Karachi Stock Exchange as one of the best performing bourses in the world.

The market performing during the period June 1998 to December 2007 is given under.

KSE 100 INDEX

1. Listed companies 654, securities listed on the exchange 692: ordinary share 654, Preference shares 14 and debt securities (TFC's) 24.
    

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2. Listed capital Rs.671,269.47 million (US$ 10,879.57 million).
    

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3. Market capitalization Rs.4,329,909.79 million (US$ 70,176.82 million).
    

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4. Average daily turnover 268.23 million shares with average daily trade value Rs.25,262.97 million (US$ 409.45 million).
    

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5. Membership strength at 200.
    

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6. Corporate Members are 174 out of which 9 are public listed companies.
    

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7. Active Members are 163.
    

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8. Fully automated trading system with T+2 settlement cycle.
    

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9. Deliveries through central depository company.
    

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10. National Clearing and Settlement System in place.