Re-composition: MARI, HBL, LOTCHEM & FATIMA added to PSXDIV20 index

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MG News | November 27, 2024 at 10:51 AM GMT+05:00

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November 27, 2024 (MLN): The Pakistan Stock Exchange Limited has conducted the Re-composition exercise of the PSXDIV20 Index as of October 31, 2024, a notice issued by the local bourse on Tuesday revealed.

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

The incoming companies are Mari Petroleum Company Limited (PSX: MARI), Habib Bank Limited (PSX: HBL), Lotte Chemical Pakistan Limited (PSX: LOTCHEM) and Fatima Fertilizer Company Limited (PSX: FATIMA).

The four to leave are; Descon Oxychem Limited (PSX: DOL), Engro Polymer & Chemicals Limited (PSX: EPCL), Habib Metropolitan Bank Limited (PSX: HMB), and Soneri Bank Limited (PSX: SNBL).

The above changes in the PSXDIV20 Index will be implemented from Monday, December 02, 2024.

In addition, the notice also listed the final list of constituents of PSXDIV20 along with their weights in the Index as of October 31, 2024.

S.No INCOMING OUTGOING
1 Mari Petroleum Company Limited Descon Oxychem Limited
2 Habib Bank Limited Engro Polymer & Chemicals Limited
3 Lotte Chemical Pakistan Limited Habib Metropolitan Bank Limited
4 Fatima Fertilizer Company Limited Soneri Bank Limited

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