Eligible also for SLB SECP approves 43 securities for short selling

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday approved 43 securities for short selling under ready market. These securities are also eligible for Securities Lending and Borrowing (SLB).

According to a KSE notice sent to all members, the revised list of securities eligible for short selling under ready market will be effective from November 16, 2011.

The 43 securities are: Arif Habib Corporation Limited, Adamjee Insurance Company Limited, Askari Bank Limited, Azgard Nine Limited, Attock Petroleum Limited, Attock Refinery Limited, Bank Alfalah Limited, Bank Al Habib Limited, The Bank of Punjab, Byco Petroleum Pakistan Limited, Dawood Hercules Chemicals, Descon Oxychem Limited, DG Khan Cement Company Limited, Engro Corporation Limited, Engro Polymer & Chemicals Limited, Fatima Fertilizer Company Limited, Fauji Fertilizer Bin Qasim Limited, Fauji Fertilizer Company Limited, Ghani Gases Limited, The Hub Power Company Limited, ICI Pakistan Limited, Jahangir Siddiqui Company Limited, Kot Addu Power Company Limited, Lotte Pakistan PTA Limited, Lucky Cement Limited, MCB Bank Limited, National Bank of Pakistan, Nishat (Chunian) Limited, Nishat Chunian Power Limited, Netsol Technologies Limited, Nishat Mills Limited, Nishat Power Limited, National Refinery Limited, Oil & Gas Development Company Limited, Pakistan Reinsurance Company Limited, Pakistan Oilfields Limited, Pakistan Petroleum Limited, Pakistan State Oil Company Limited, Pakistan Telecommunication Company Limited, Sui Northern Gas Pipelines Limited, Sitara Peroxide Limited, Sui Southern Gas Company Limited and United Bank Limited.