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PSX Algos

KSE All-Share Index

In one line

The KSE All-Share Index is the Pakistan Stock Exchange's broadest benchmark — it includes every eligible listed company, not just a fixed top 30 or 100.

The KSE All-Share Index is the widest benchmark on the Pakistan Stock Exchange (PSX). Where the KSE-100 is capped at 100 companies and the KSE-30 at 30, the All-Share Index aims to include *every* eligible listed company on the exchange. There is no fixed constituent count — the number rises and falls as companies list, delist, or become eligible.

Why a whole-market index exists

The headline benchmarks deliberately leave companies out — that is what makes them useful as a focused gauge. But it also means they miss the smaller and mid-sized names. The All-Share Index fills that gap: it is the closest thing to a single number for the entire listed market, which makes it the natural reference point when you want breadth rather than a curated shortlist.

How it compares to the headline benchmarks

IndexCompaniesWhat it captures
KSE All-ShareAll eligible listedThe whole market
KSE-100100Broad benchmark, sector-representative
KSE-3030Most liquid large caps
Coverage of the main PSX indices.

Because it spans the whole market, the All-Share Index includes many thinly traded companies. That breadth is its strength as a market-wide gauge, but it also means individual small caps inside it can be hard to trade in size.

An index is a measure, not a portfolio. The KSE All-Share tells you how the listed market as a whole moved — it is not a list of stocks to buy.

Screening across the whole market

When you want your strategy to look beyond the big names, a whole-market view is where opportunities hide. On PSX Algos you can backtest an idea across a wide universe of PSX stocks and see how it would have behaved — while keeping in mind that smaller names are harder to trade in practice.

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Frequently asked

What is the KSE All-Share Index?

It is the Pakistan Stock Exchange's broadest index. It aims to include every eligible listed company, making it the closest single measure of the entire listed market rather than a fixed shortlist.

How is the KSE All-Share different from the KSE-100?

The KSE-100 is limited to 100 companies chosen for sector representation and size. The All-Share Index has no fixed cap and covers all eligible listed companies, so it captures small and mid caps the KSE-100 leaves out.

How many companies are in the KSE All-Share Index?

There is no fixed number. The count changes as companies list, delist, or move in and out of eligibility, because the index is meant to represent the whole market.

Related terms
KSE-100 IndexKSE-30 IndexKMI-30 Index
By PSX Algos · Updated 2 June 2026