Karachi January 20 2023: Pakistan Stock Exchange has included one security while expelled three securities from list of Futures Eligible Securities.
Pakistan Stock Exchange informed that quarterly review exercise of Futures Eligible Securities has been carried out by the Exchange in accordance with ‘eligibility criteria for selection of securities eligible for trading in Deliverable Futures Contract market’ (“Eligibility Criteria”) as approved by the Securities and Exchange Commission of Pakistan.
Based on the review of last six (06) months data ending on December 31st 2022, Lalpir Power Limited (LPL) will be added in the list of eligible securities while Habib Metropolitan Bank Limited (HMB), Shabbir Tiles & Ceramics Limited (STCL) and JS Momentum factor ETF (JSMFETF) will be part of the list of eligible securities only for one 90-day contract i.e. DFC-APR-2023. Further, existing contracts (DFC-FEB-2023 and DFC-MAR-2023) will remain available for trading till their respective expiries.
Fatima Fertilizer Company Limited and Soneri Bank Limited will remain eligible as per relaxation rule of aforementioned eligibility criteria and shall be excluded from the list if they do not meet the quantitative parameters upon subsequent reviews.
