Re-composition: DGKC, SEARL & AIRLINK added to Meezan Pakistan Index

MG News | July 03, 2024 at 10:33 AM GMT+05:00

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July 03, 2024 (MLN): The Pakistan Stock Exchange Limited has conducted the Re-composition exercise of the Meezan Pakistan Index (MZNPI) as of June 14, 2024, a notice issued by the local bourse on Friday revealed.

In accordance with the relevant index rules, three adjustments have been made to the index.

The incoming companies are D.G. Khan Cement Company Limited (PSX: DGKC), The Searle Company Limited (PSX: SEARL), and Air Link Communication Limited (PSX: AIRLINK).

The three to leave are; Maple Leaf Cement Factory Limited (PSX: MLCF), Oil & Gas Development Company (PSX: OGDC), and Sui Northern Gas Pipelines Limited (PSX: SNGPL).

The above changes in the MZNP Index will take effect from Wednesday, July 03, 2024.

In addition, the notice also listed the revised list of the constituents of MZNPI along with their weights in the index based on June 14, 2024 data.

S.No	INCOMING	OUTGOING
1	D.G. Khan Cement Company Limited	Maple Leaf Cement Factory Limited
2	The Searle Company Limited	Oil & Gas Development Company
3	Air Link Communication Limited	Sui Northern Gas Pipelines Limited

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