MSCI adds 15 scrips in Frontier Market Index, no deletions

By MG News | August 11, 2023 at 09:20 AM GMT+05:00

0:00

August 11, 2023 (MLN): Morgan Stanley Capital International (MSCI) has incorporated 15 new scrips into its Frontier Market Index, without making any deletions, MSCI quarterly review revealed on Thursday which will be effective from September 01, 2023.

Accordingly, Pakistan has 58 stocks in the MSCI Frontier Market Index, of which 42 are total additions in this review. 15 stocks have been added to MSCI Frontier Market (FM) Index. 14 scrips have been moved from MSCI Frontier Market Small Cap Index.

During its previous review in May 2023, Bank Alfalah Limited (BAFL), Engro Polymer & Chemicals Limited (EPCL), and Indus Motor Company (INDU) had been deleted from MSCI Small Cap Index and now has been added to the MSCI Frontier Market Index.

It is important to mention that all 41 stocks added to MSCI Frontier Market Small Cap Index are new additions and have not moved from MSCI Frontier Market Index.

The names of the scrips are provided under the below tables:

MSCI Frontier Market Index
SR No	Company Name	Symbol	Sector	Action	6M ADTO	M.Cap	Performance
SR No	Company Name	Symbol	Sector	Action	(Dollar in Million)		YTD FY24	YTD CY23
1	Oil & Gas Development Co Ltd.	OGDC	Oil & Gas Exp	No change	2.2	1,462	29%	32%
2	Mari Petroleum Company Ltd.	MARI	Oil & Gas Exp	Added	0.3	780	6%	10%
3	Pakistan Petroleum Limited.	PPL	Oil & Gas Exp	Added	1.4	659	19%	5%
4	Lucky Cement Limited.	LUCK	Cement	Added	0.8	656	17%	37%
5	MCB Bank Limited.	MCB	Banks	Added	0.3	602	22%	33%
6	United Bank Ltd.	UBL	Banks	Added	0.6	602	36%	88%
7	Engro Corporation Limited	ENGRO	Fertilizer	No change	1.0	527	2%	17%
8	Habib Bank Limited.	HBL	Banks	Added	0.9	514	39%	66%
9	Pakistan Oilfields Limited.	POL	Oil & Gas Exp	Added	0.4	436	11%	19%
10	Systems Limited.	SYS	Technology	Added	0.7	435	5%	-11%
11	Fauji Fertilizer Co. Ltd.	FFC	Fertilizer	Added	0.2	426	-3%	4%
12	Hub Power Company Limited.	HUBC	Power	Added	0.8	374	23%	52%
13	Engro Fertilizers Limited.	EFERT	Fertilizer	Added	0.3	363	-6%	12%
14	Millat Tractors Limited.	MTL	Autos	Added	0.2	279	9%	47%
15	Bank Al Falah	BAFL	Banks	Added	0.2	222	33%	45%
16	Pakistan State Oil Co Ltd.	PSO	Oil & Gas Mark.	Added	0.7	197	11%	-15%
17	TRG Pakistan Ltd.	TRG	Technology	Added	1.3	192	8%	-9%

MSCI Frontier Market Small Cap Index
SR No	Company Name	Symbol	Sector	Action	6M ADTO	M.Cap	Performance
SR No	Company Name	Symbol	Sector	Action	(Dollar in Million)		YTD FY24	YTD CY23
1	Faysal Bank	FABL	Banks	Added	0.14	134	26%	3%
2	Maple Leaf Cement	MLCP	Cement	Added	0.63	120	13%	42%
3	Kohat Cement	KOHC	Cement	Added	0.09	117	-4%	13%
4	Unity Foods	UNITY	Foods	Added	0.42	112	72%	90%
5	Fauji Cement Co	FCCL	Cement	Added	0.16	104	4%	2%
6	Shell Pakistan	SHEL	Oil & Gas Mark.	Added	0.41	100	16%	25%
7	Sui North Gas Pipelines	SNGP	Oil & Gas Mark.	Added	0.60	99	18%	24%
8	National Foods	NATF	Foods	Added	0.16	92	15%	14%
9	Attock Refinery	ATRL	Refinery	Added	0.85	90	42%	70%
10	Cherat Cement	CHCC	Cement	Added	0.25	89	10%	31%
11	DG Khan Cement	DGKC	Cement	Added	0.52	81	4%	3%
12	Nishat Mills	NML	Textiles	Added	0.22	81	16%	20%
13	Kot Addu Power Company	KAPCO	Power	Added	0.13	77	22%	8%
14	Pioneer Cement	PIOC	Cement	Added	0.47	74	8%	81%
15	Avanceon	AVN	Technology	Added	0.37	70	22%	-7%
16	international steels	ISL	Engineering	Added	0.13	70	14%	9%
17	Cnergyico Pk	CNERGY	Refinery	Added	0.13	66	23%	-6%
18	Bankislami Pak	BIPL	Banks	Added	0.19	66	-3%	41%
19	Fauji Fertilizer Bin Qasim	FFBL	Fertilizer	Added	0.06	65	22%	-6%
20	Pak Aluminium Bev Cans	PABC	Misc.	Added	0.09	62	10%	28%
21	Mughal Iron & Steel	MUGHAL	Engineering	Added	0.15	62	62%	10%
22	Honda Atlas	HCAR	Autos	Added	0.10	61	33%	-26%
23	Searle Pakistan	SEARL	Pharma	Added	0.32	60	10%	-29%
24	National Refinery	NRL	Refinery	Added	0.41	55	32%	12%
25	Tariq Glass Industries	TGL	Glass	Added	0.14	53	30%	36%
26	Gul Ahmed Textile Mills	GATM	Textiles	Added	0.08	47	2%	-12%
27	Bank Of Punjab	BOP	Banks	Added	0.08	46	18%	-2%
28	Attock Cement Pakistan	ACPL	Cement	Added	0.03	43	9%	59%
29	Jahangir Siddiqui & Co	JSCL	Investment Co.	Added	0.02	42	40%	38%
30	International Ind	INIL	Engineering	Added	0.08	42	25%	30%
31	Lalpir Power	LPL	Power	Added	0.08	40	100%	126%
32	Pakistan Refinery	PRL	Refinery	Added	0.40	36	23%	28%
33	Pak Elektron	PAEL	Cable	Added	0.12	33	21%	-16%
34	Air Link Communication	AIRLINK	Technology	Added	0.18	32	17%	-22%
35	Nishat Power	NPL	Power	Added	0.07	31	48%	54%
36	Nishat Chunian Power	NCPL	Power	Added	0.08	28	33%	56%
37	Engro Powergen Qadirpur	EPQL	Power	Added	0.03	27	7%	-2%
38	TPL Properties	TPLP	Property	Added	0.41	27	10%	-5%
39	Netsol Technologies	NETSOL	Technology	Added	0.24	27	15%	0%
40	Pakistan Intl Bulk	PIBTL	Transport	Added	0.06	25	-1%	-14%
41	Hum Network	HUMNL	Technology	Added	0.04	23	-1%	-1%

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	121,282.72 33.45M	-0.56% -688.32
ALLSHR	75,859.60 247.26M	-0.47% -357.64
KSE30	36,749.18 16.65M	-0.44% -163.78
KMI30	178,967.77 19.24M	-0.53% -950.70
KMIALLSHR	51,933.64 111.58M	-0.52% -273.87
BKTi	30,293.62 3.82M	0.01% 3.07
OGTi	27,274.19 1.52M	-0.79% -217.76

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	105,630.00	105,720.00 104,385.00	720.00 0.69%
BRENT CRUDE	76.03	77.00 76.02	-0.42 -0.55%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-3.25 -3.56%
ROTTERDAM COAL MONTHLY	104.20	104.20 103.75	0.45 0.43%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	72.81	74.04 72.79	-0.46 -0.63%
SUGAR #11 WORLD	16.45	16.94 16.41	-0.49 -2.89%