NCCPL excludes seven companies from MTS

MG News | July 18, 2024 at 04:20 PM GMT+05:00

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July 18, 2024 (MLN): The National Clearing Company of Pakistan Limited (NCCPL) has removed seven securities from the Margin Trading System (MTS) effective August 15, 2024.

According to NCCPL's quarterly review released on Thursday, these include Agha Steel Ind.Ltd (AGHA), Attock Petroleum Limited (APL), National Foods Limited (NATF), Netsol Technologies Limited (NETSOL), Packages Limited (PKGS), Soneri Bank Limited (SNBL), and The Organic Meat Company Limited (TOMCL).

In addition, NCCPL has also released its quarterly review of Margin Eligible Securities (MES), resulting in eight companies being removed from the list of securities acceptable as collateral.

These include AGP Limited (AGP), Atlas Battery Limited (ATBA), Cherat Packaging Limited (CPPL), Flying Cement Company Limited (FLYNG), Ghani Global Glass Limited (GGGL), Image Pakistan Limited (IMAGE), Kohinoor Energy Limited (KOHE), and Pakistan Cables Limited (PCAL).

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