Re-composition: ENGRO, ATBA, PNSC added to PSXDIV20 Index
MG News | November 27, 2023 at 12:11 PM GMT+05:00
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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