PSX recomposes KMI-30 index, 3 companies affected

News Image

MG News | December 13, 2021 at 10:04 AM GMT+05:00

0:00

December 13, 2021 (MLN): The Pakistan Stock Exchange (PSX) has replaced 3 companies in the Karachi Meezan-30 Index (KMI-30) as they do not fall in the list of top 30 Shariah Compliant stocks, a notice issued by PSX showed.

In a notice, PSX informed that it has carried out a re-composition exercise of the KMI-30 index for the review period from January 1, 2021, to June 30, 2021, as a result of which, 3 companies namely; Pioneer Cement Limited, Byco Petroleum Pakistan Limited, and Azgard Nine Limited have been included in the index.

On the other hand, Pakistan Intl. Bulk Terminal Limited, Sui Northern Gas Pipeline Limited and Honda Atlas Cars (Pak) Limited have been ousted from the index.

According to the notice, the re-composition has been carried out on the basis of the criteria of selection of companies as detailed in the brochure of KMI-30 Index, which can be seen on PSX’s website.

The above changes in the KMI-30 index will be implemented w.e.f. Monday, December 20, 2021.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,260.00 119,740.00
116,460.00
-1035.00
-0.87%
BRENT CRUDE 73.37 73.63
71.75
0.86
1.19%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.21 70.51
68.45
1.00
1.44%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg