December 23, 2019 (MLN): Pakistan Stock Exchange Limited via notification has informed that PSX has carried-out the exercise of recomposition of KSE-Meezan 30 Index for the review period from January 01, 2019, to June 30, 2019.
Six companies would be affected as a result of recomposition. The companies which would be replaced by HUB Power Company Ltd is Attock Petroleum Ltd. Hascol Petroleum Ltd would be substituted by Pakistan State Oil Company Ltd, Packages Ltd by Frieslandcampina Engro Pakistan Ltd, AGP Ltd by Pak Suzuki Motor Company Ltd.
Whereas Pakistan International Bulk Terminal Ltd would be replaced by NetSol Technologies Ltd and Thal Ltd by United Foods Limited.
It is prudent to mention that that recomposed index will be implemented from December 31, 2019.