Punjab Oil Mills to replace Unity Foods in KSE-100 index
MG News | February 12, 2021 at 02:11 PM GMT+05:00
February 12, 2021 (MLN): Unity Foods Limited will be excluded from the KSE-100 Index due to change of its Sector from Vanaspati and Allied Industries to Foods & Personal Care Products, PSX announced on Friday.
‘The existing KSE 100 Index includes Unity Foods Limited which was inducted in the Index on the basis of “Sector Value Base Rule”’, the notice by PSX said.
In view of the above, Punjab Oil Mills Limited will be included in KSE-100 Index w.e.f. February 15, 2021 on the basis of “Sector Value Base Rule” in “Vanaspati & Allied Industries sector” based on the price of August 31, 2020 i.e. the date of last re-composition of KSE 100 Index.
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