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, 2008, 653 companies were listed with the market capitalization of Rs. 1,858,698.90 billion (US $ 23,527.83 billion) having listed capital of Rs. 750.48 billion (US $ 9.50 billion). The KSE 100 Index closed at 5865.01 on December 31, 2008.
KSE has been well into the 4th 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 2008 is given under.
| DECADEWISE PROGRESS | |||
| YEAR | NO. OF LISTED COMPANIES | LISTED CAPITAL (Rs. in million) | MARKET CAPITALISATION (Rs. in million) |
| 1950 | 15 | 117.3 | - |
| 1960 | 81 | 1,007.7 | 1,871.4 |
| 1970 | 291 | 3,864.6 | 5,658.1 |
| 1980 | 314 | 7,630.2 | 9,767.3 |
| 1990 | 487 | 28,056.0 | 61,750.0 |
| 2000 | 762 | 236,458.5 | 382,730.4 |
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