PSX carries out re-composition of JS Momentum Factor Index
MG News | September 04, 2026 at 06:18 PM GMT+05:00
September 04, 2026 (MLN): The Pakistan Stock
Exchange (PSX) has carried out the re-composition of the JS Momentum Factor
Index (JSMFI) as of August 31, 2026, in accordance with the relevant index
rules, resulting in five incoming and five outgoing companies, with the changes
set to take effect from Monday, September 07, 2026.
Pakistan Petroleum Limited, Thatta Cement Company
Limited, Pakistan State Oil Company Limited, Maple Leaf Cement Factory Limited,
and Sui Southern Gas Company Limited have been inducted into the index,
replacing Ghandhara Industries Limited, Habib Bank Limited, Meezan Bank
Limited, Pakistan Telecommunication Company Limited, and United Bank Limited,
respectively.
Following the re-composition, Pakistan Refinery Limited
holds the largest weight in the index at 15.13%, followed by Cnergyico PK
Limited at 13.72% and Maple Leaf Cement Factory Limited at 13.06%.
The aforementioned information was
disseminated through a notification to Exchange.
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