PSX recomposes JS Momentum Factor Index with 7 adjustments

MG News | January 07, 2025 at 09:33 AM GMT+05:00

0:00

January 07, 2025 (MLN): The Pakistan Stock Exchange Limited (PSX) has conducted the JS Momentum Factor Index (JSMFI) recomposition exercise as of December 31, 2024.

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

The incoming companies are Mari Petroleum Company Limited (MARI), Air Link Communication Limited (AIRLINK), Pak Elektron Limited (PAEL), Pakistan Refinery Limited (PRL), Ghandhara Industries Limited (GHNI), Cnergyico PK Limited (CNERGY), and Treet Corporation Limited (TREET).

The ones to leave are; The Bank of Punjab (BOP), Fauji Foods Limited (FFL), GlaxoSmithKline Pakistan Limited (GLAXO), Habib Bank Limited (HBL), Pakistan Petroleum Limited (PPL), Pakistan Telecommunication Company Ltd (PTC), and The Searle Company Limited (SEARL).

S.No.	Incoming	Outgoing
1	Mari Petroleum Company Limited	The Bank of Punjab
2	Air Link Communication Limited	Fauji Foods Limited
3	Pak Elektron Limited	GlaxoSmithKline Pakistan Limited
4	Pakistan Refinery Limited	Habib Bank Limited
5	Ghandhara Industries Limited	Pakistan Petroleum Limited
6	Cnergyico PK Limited	Pakistan Telecommunication Company Ltd
7	Treet Corporation Limited	The Searle Company Limited

The above changes to the JSMFI take effect today January 07, 2025.

In addition, the notice also listed the revised list of JSMFI companies along with their weights in the index as of December 31, 2024.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	169,864.53 309.70M	0.77% 1289.83
ALLSHR	102,725.13 871.92M	0.54% 553.85
KSE30	51,670.42 144.06M	0.97% 495.07
KMI30	244,230.82 127.19M	0.88% 2126.86
KMIALLSHR	67,141.83 400.81M	0.66% 438.06
BKTi	45,511.25 34.21M	0.74% 335.27
OGTi	33,787.05 15.45M	0.86% 288.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,330.00	93,070.00 89,640.00	-1680.00 -1.83%
BRENT CRUDE	61.22	61.86 60.81	-0.06 -0.10%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	1.00 1.11%
ROTTERDAM COAL MONTHLY	97.30	97.30 97.30	0.90 0.93%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	57.53	58.19 57.15	-0.07 -0.12%
SUGAR #11 WORLD	15.10	15.27 14.83	0.25 1.68%