BIPL, AIRLINK replace FFBL in PSX indexes

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MG News | December 20, 2024 at 10:10 AM GMT+05:00

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December 20, 2024 (MLN): BankIslami Pakistan Limited (PSX: BIPL) and Air Link Communication Limited (PSX: AIRLINK) are set to replace Fauji Fertilizer Bin Qasim Limited (FFBL) in the KSE-100 and KSE-30 indexes, respectively, following a special recomposition exercise by the Pakistan Stock Exchange (PSX).

This adjustment came after the merger of FFBL with Fauji Fertilizer Company Limited (FFC) under the Scheme of Arrangement, conducted in accordance with PSX's index rules.

S. No.

Index Name

Outgoing Constituents

Incoming Constituents

1

KSE100

Fauji Fertilizer Bin Qasim Limited

BankIslami Pakistan Limited

2

KSE30

Fauji Fertilizer Bin Qasim Limited

Air Link Communication Limited

The above changes in the KSE100 & KSE30 Index will be implemented w.e.f. Monday, December 23, 2024.

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