Three changes made to KSE-30 Index

The new index to be implemented with effect from September 14


Our Correspondent August 14, 2018
The swaps were made during the bi-annual exercise of re-composition of the free-float (shares held by public) market capitalisation based index of top 30 listed firms. PHOTO:FILE

KARACHI: The Pakistan Stock Exchange’s (PSX) management has announced replacing three companies in its KSE-30 Index, the second most monitored index by investors.

The three new companies in the index are Bank Alfalah Limited, Honda Atlas Cars (Pakistan) Limited and Mari Petroleum Company Limited. The outgoing three constituents are Maple Leaf Cement Factory Limited, National Refinery Limited and Aisha Steel Mills Limited.

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The swaps were made during the bi-annual exercise of re-composition of the free-float (shares held by public) market capitalisation based index of top 30 listed firms.

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The new index would be implemented with effect from September 14. The KSE-30 Index was introduced in 2006 and includes the 30 most liquid companies listed on the PSX.

Published in The Express Tribune, August 14th, 2018.

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