BIPL, AIRLINK replace FFBL in PSX indexes
MG News | December 20, 2024 at 10:10 AM GMT+05:00
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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