Re-composition of KSE-30 Index carried out

RECORDER REPORT

KARACHI: The Karachi Stock Exchange has carried out the exercise of re-composition of KSE-30 Index for the review period from January 1 to June 30.

The re-composition has been carried out on the basis of the pre-requisites/criteria of selection of companies and as a result thereof, three companies would be affected due to re-composition, a KSE notice issued here on Wednesday said.

The three incoming companies are Fatima Fertilizer Company Limited, Engro Foods Limited and Jahangir Siddiqui and Company while the three outgoing companies are ICI Pakistan Limited, Lotte Pakistan PTA Limited and Nestle Pakistan Limited.

The recomposed KSE-30 Index, based on the prices of June 30, will be implemented with effect from August 15.

After re-composition, the KSE-30 Index companies include Fauji Fertilizer Company Limited, Oil and Gas Development Company Limited, Pakistan Oilfields Limited, MCB Bank Limited, Pakistan Petroleum Limited, Engro Corporation Limited, National Bank of Pakistan, Lucky Cement Limited, Pakistan State Oil Company Limited, The Hub Power Company Limited, Fauji Fertilizer Bin Qasim Limited, DG Khan Cement Company Limited, Attock Refinery Limited, United Bank Limited, Nishat Mills Limited, Fatima Fertilizer Company Limited, Engro Foods Limited, Arif Habib Corporation Limited, Habib Bank Limited, Bank Al Falah Limited, Bank Al Habib Limited, Attock Petroleum Limited, National Refinery Limited, Jahangir Siddiqui and Company Limited, Pakistan Telecommunication Company Limited, Unilever Pakistan Limited, Kot Addu Power Company Limited, Millat Tractors Limited, Adamjee Insurance Company Limited and Dawood Hercules Corporation Limited.