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

MG News | February 10, 2020 at 01:55 PM GMT+05:00

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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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