KARACHI: BRIndex100 has been recomposed and the revised index has been implemented with effect from July 07, 2020.
The re-composition was made on the basis of review period from January 01 to June 30, 2020.
According to the recomposed BRIndex100, 14 companies have been affected.
The incoming companies are BankIslami Pakistan Limited (BIPL), Dewan Farooque Motors Limited (DFML), Dost Steels Limited (DSL), Fayal Bank Limited (FABL), First National Equities Limited (FNEL), Ghani Global Glass Limited (GGGL), Gharibwal Cement Limited (GWLC), Hum Network Limited (HUMNL), Media Times Limited (MDTL), Merit Packaging Limited (MERIT), Quice Food Industries Limited (QUICE), Sazgar Engineering Works Limited (SAZEW), Summit Bank Limited (SMBL) and Synthetic Products Enterprises Limited (SPEL) while the outgoing companies are Crescent Star Insurance Limited (CSIL), Escorts Investment Bank Limited (ESBL), Fatima Fertilizer Company Limited (FATIMA), Frieslandcampins Engro Foods Limited (FCEPL), First Dawood Investment Bank Limited (FDIBL), Ghandhara Nissan Limited (GHNL), GlaxoSmithKline Pakistan Limited (Glaxo), Honda Atlas Cars (Pakistan) Limited (HCAR), Interloop Limited (ILP), Matco Foods Limited (MFL), Nishat Chunian Power Limited (NCPL), Pak Suzuki Motor Company Limited (PSMC), Thatta Cement Company Limited (THCCL) and Waves Singer Pakistan Limited (WAVES).
Copyright Business Recorder, 2020
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