PSX re-composes companies to be included in Oil & Gas and Banking Sector Indices

February 10, 2020 (MLN): Pakistan Stock Exchange, as per rules of KSE-100 recomposition, has carried out the re-composing exercise of Oil & Gas and Banking Sector Tradable Indices for the review period from July 1, to December 31, 2019.

The Re-Composition has been carried out on the basis of the Pre-requisites / Criteria of selection of companies and as a result, Bank of Punjab has been removed from the Banking Sector Tradable Index. Whereas, no change has been made in Oil &Gas Sector Index.  

It is pertinent to mention that the Re-composed index will be implemented from February 14, 2020.

LIST OF COMPANIES IN THE RECOMPOSED TRADABLE BANKING INDEX

  • HBL (Habib Bank Limited)
  • MCB (MCB Bank Limited)
  • UBL (United Bank Limited)
  • BAHL (Bank AL-Habib Limited)
  • BAFL (Bank Al- Falah Limited)
  • MEBL (Meezan Bank Limited)

LIST OF COMPANIES IN THE RECOMPOSED TRADABLE OIL & GAS INDEX

  • OGDC (Oil & Gas Development Company Limited)
  • PPL (Pakistan Petroleum Limited)
  • POL (Pakistan Oilfields Limited)

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Posted on: 2020-02-10T13:55:00+05:00

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