Essay example --

INTRODUCTION: HISTORY OF KSE: Karachi Stock Exchange (KSE) is currently the biggest and most liquid stock exchange in Pakistan, which was established on September 18, 1947. It was incorporated on March 10, 1949. In the start only five companies were listed with a total paid up capital of Rs. 37 million. (ksestocks.com/AboutKSE, 2014) The first index introduced in KSE was based on fifty companies and was called KSE 50 Index. With the passage of time, KSE 100 index was introduced on November 1, 1991 because there was a need of a real representative index and computer based trading activities due to the growth in number of listed companies and trading activities. Karachi Automated Trading System (KATS) was introduced in 2002 for the purpose of computerized trading in stock exchange. The capacity of KATS was 1.0 million trades per day and the ability to provide connectivity to an unlimited number of users. After that the other to indexes was also introduced, named KSE 30 Index and KMI 30 Index to deal with the needs of investors of KSE. KSE 100 INDEX: The KSE-100 Index was introduced i...