KSE-100 index recomposed, 3 companies affected

MG News | March 15, 2022 at 05:06 PM GMT+05:00

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March 15, 2022 (MLN): The Pakistan Stock Exchange (PSX) has replaced 3 companies in the KSE-100 index as they do not fall in the list of top 100 companies as per the sector and market capitalization rule, a notice issued by PSX showed.

In a notice, PSX informed that it has carried out the re-composition exercise of KSE-100 Index Companies for the review period from September 2021 to February 2022, as a result of which, 3 companies namely; Pak-Gulf Leasing Company, Tariq Glass Industries Limited, and Javedan Corporation Limited have been included in the index.

On the other hand, Orix Leasing Pakistan Limited, Feroze1888 Mills Limited, and Jahangir Siddiqui & Company Limited have been ousted from the index.

The above changes in the KSE-100 Index will be implemented w.e.f. Friday, April 01, 2022, the notice said.

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