MTL added to NBPPGI, Bank Alfalah exits

By MG News | August 07, 2024 at 11:26 AM GMT+05:00
August 07, 2024 (MLN): The Pakistan Stock Exchange Limited has conducted the Re-composition exercise of the NBP Pakistan Growth Index (NBPPGI) as of July 31, 2024, a notice issued by the local bourse on Tuesday revealed.
In accordance with the relevant index rules, Millat Tractors Limited (PSX: MTL) has been added to the index, replacing Bank Alfalah Limited (PSX: BAFL).
The above changes in the NBPPGI will take effect from Wednesday, August 07, 2024.
In addition, the notice also listed the revised list of NBPPGI companies in the recomposed index.
S.No. | Symbol | Constituent Companies | Weights |
---|---|---|---|
1 | OGDC | Oil & Gas Development Company Limited | 10.00% |
2 | PPL | Pakistan Petroleum Limited | 10.00% |
3 | HUBC | The Hub Power Company Limited | 10.00% |
4 | UBL | United Bank Limited | 7.72% |
5 | MEBL | Meezan Bank Limited | 7.67% |
6 | HBL | Habib Bank Limited | 7.23% |
7 | FFC | Fauji Fertilizer Company Limited | 7.11% |
8 | EFERT | Engro Fertilizers Limited | 7.03% |
9 | LUCK | Lucky Cement Limited | 5.86% |
10 | ENGRO | Engro Corporation Limited | 5.67% |
11 | MCB | MCB Bank Limited | 5.33% |
12 | SYS | Systems Limited | 4.93% |
13 | BAHL | Bank AL Habib Limited | 4.24% |
14 | POL | Pakistan Oilfields Limited | 4.20% |
15 | MTL | Millat Tractors Limited | 3.00% |
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