Karachi February 1 2024: National Bank of Pakistan is added to the Banking Sector Tradable Index in place of The Bank of Punjab and Faysal Bank Limited.
Pakistan Stock Exchange Limited has carried out the exercise of recomposition of Oil & Gas and Banking Sector Tradable Indices for the review period from July 1, 2023, to December 31, 2023.
The re-composition has been carried out on the basis of the criteria of selection of companies as detailed in the Brochure of Oil & Gas and Banking Sector Tradable Indices.
There is no change in Tradable Index of Oil & Gas Sector (OGTi) whereas the following constituents of Banking Sector Tradable Index (BKTi) would be affected due to the re-composition exercise:
Tradable sector indices capture a minimum 80% free float market capitalization of the given sector (without any minimum companies’ limit).
The recomposed Index will be implemented w.e.f. Thursday, February 15, 2024.
LIST OF COMPANIES IN THE RECOMPOSED TRADABLE BANKING SECTOR INDEX
LIST OF COMPANIES IN THE TRADABLE OIL & GAS SECTOR INDEX
