Re-composition: ENGRO, ATBA, PNSC added to PSXDIV20 Index

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MG News | November 27, 2023 at 12:11 PM GMT+05:00

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November 27, 2023 (MLN): The Pakistan Stock Exchange (PSX) has carried out the Re-Composition exercise of the PSXDIV20 Index as of October 31, 2023, in accordance with the relevant index rules.

In light of the re-composition, the incoming companies are Engro Corporation Limited (PSX: ENGRO), Atlas Battery Limited (PSX: ATBA), and Pakistan National Shipping Corporation (PSX: PNSC).

The three to leave are; Attock Petroleum Limited (PSX: APL), International Steels Limited (PSX: ISL), and Nishat Chunian Limited (PSX: NCPL).

The above changes in the KSE-100 Index will be implemented from Friday, December 01, 2023.

List of PSXDIV20 index constituents along with their weightage as of October 31, 2023:

S.No. Symbol Name of Companies Weights
1 LPL Lalpir Power Limited 12.00%
2 KAPCO Kot Addu Power Company Limited 9.13%
3 FABL Faysal Bank Limited 7.55%
4 NPL Nishat Power Limited 7.22%
5 EFERT Engro Fertilizers Limited 4.96%
6 POL Pakistan Oilfields Limited 4.86%
7 HMB Habib Metropolitan Bank Limited 4.85%
8 EPCL Engro Polymer & Chemicals Limited 4.73%
9 DOL Descon Oxychem Limited 4.58%
10 UBL United Bank Limited 4.57%
11 BAHL Bank AL Habib Limited 4.16%
12 MCB MCB Bank Limited 3.90%
13 LOTCHEM Lotte Chemical Pakistan Limited 3.87%
14 ENGRO Engro Corporation Limited 3.78%
15 HUBC The Hub Power Company Limited 3.53%
16 BAFL Bank Alfalah Limited 3.45%
17 ATBA Atlas Battery Limited 3.38%
18 FFC Fauji Fertilizer Company Limited 3.28%
19 PNSC Pakistan National Shipping Corporation 3.15%
20 EPQL Engro Powergen Qadirpur Limited 3.05%

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