PSX recomposes JS Momentum Factor Index with 7 adjustments

News Image

MG News | October 04, 2024 at 05:28 PM GMT+05:00

Join our Whatsapp channel
0:00

October 04, 2024 (MLN): The Pakistan Stock Exchange Limited (PSX) has conducted the JS Momentum Factor Index (JSMFI) recomposition exercise as of September 30, 2024.

Under the relevant JSMF Index Rules, seven adjustments have been made to the index.

The incoming companies are Oil & Gas Development Company Limited (OGDC), Fauji Fertilizer Company Limited (FFC), Engro Fertilizers Limited (EFERT), United Bank Limited (UBL), Fauji Cement Company Limited (FCCL), Fatima Fertilizer Company Limited (FATIMA) and Haleon Pakistan Limited (HALEON).

The ones to leave are; Air Link Communication Limited (PSX: AIRLINK), Ghandhara Industries Limited (GHNI), Octopus Digital Limited (OCTOPUS), National Bank of Pakistan (NBP), Agritech Limited (AGL), Pakistan Refinery Limited (PRL), and PIA Holding Company Limited (PIAHCLA).

Re-composition of JSMFI

The above changes in the JSMFI will take effect from Monday, October 07, 2024.

In addition, the notice also listed the revised list of JSMFI companies along with their weights in the index as of September 30, 2024.

Copyright Mettis Link News

Related News

News
PTML gears up for the 5G revolution
News
Sazgar to acquire 5 kanal commercial plot
News
Weekly Market Roundup
Name Price/Vol %Chg/NChg
KSE100 146,480.15
378.01M 		-6.99%
-11015.95
ALLSHR 88,401.15
613.63M 		-6.18%
-5825.86
KSE30 44,996.51
162.61M 		-6.90%
-3333.70
KMI30 210,039.41
136.40M 		-6.52%
-14647.92
KMIALLSHR 57,315.72
369.31M 		-5.79%
-3523.37
BKTi 42,364.50
67.24M 		-6.87%
-3125.46
OGTi 31,480.49
21.12M 		-1.88%
-602.98
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 68,210.00 68,625.00
65,685.00 		-85.00
-0.12%
BRENT CRUDE 103.70 119.50
99.00 		11.01
11.88%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00 		-11.85
-10.65%
ROTTERDAM COAL MONTHLY 127.00 0.00
0.00 		0.05
0.04%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50 		0.00
0.00%
CRUDE OIL - WTI 100.55 119.48
96.25 		9.65
10.62%
SUGAR #11 WORLD 14.30 14.48
14.25 		0.20
1.42%
Chart of the Day
Latest News
March 09, 2026 at 02:58 PM GMT+05:00

SBP keeps policy rate unchanged at 10.5%

March 09, 2026 at 02:06 PM GMT+05:00

PSX Closing Bell: Bulls Left in the Cold

March 09, 2026 at 01:14 PM GMT+05:00

PTML gears up for the 5G revolution

March 09, 2026 at 01:11 PM GMT+05:00

Japan real wages rise after over a year

March 09, 2026 at 12:44 PM GMT+05:00

Sazgar to acquire 5 kanal commercial plot

Top 5 things to watch in this week
Monetary Policy Decision
Workers' Remittances
Auto Numbers
Consumer Confidence Survey
Business Confidence Survey
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg