KARACHI: The Pakistan Stock Exchange (PSX) management has announced replacing four companies in KSE-30, which is the second-most-monitored index market participants use to track investment decisions.
The four new companies in the index are Sui Southern Gas Company Limited, Engro Polymer & Chemicals Limited, Bank Al Habib Limited and Aisha Steel Mills Limited.
Week-On-Week: SPI drops 0.03%
The outgoing entities include Engro Foods Limited, K-Electric Limited, Hascol Petroleum Limited and Honda Atlas Cars (Pakistan) Limited.
The swaps were made during the biannual exercise of re-composition of the free-float (shares held by public) market capitalisation based index of top 30 listed firms.
‘Trust key to growth of insurance business’
The new index would be implemented with effect from Thursday (February 15).
The KSE-30 Index was introduced in 2006 and includes the 30 most liquid companies listed on the PSX.
Published in The Express Tribune, February 13th, 2018.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ