Islamabad October 25 2024: The National Clearing Company of Pakistan Limited (NCCPL) has removed six companies from the list of securities eligible as market collateral for DFC market exposure margin, as part of its quarterly review.
The excluded companies are ENGRO POWERGEN QADIRPUR LIMITED, JS BANK LIMITED, JS MOMENTUM FACTOR EXCHANGE TRADED FUND, NATIONAL FOODS LIMITED, NISHAT CHUNIAN LIMITED, and PACKAGES LIMITED.
These securities will no longer qualify as market collateral for the DFC Market starting Thursday, November 7, 2024.
In contrast, PACE (PAKISTAN) LIMITED and YOUSAF WEAVING MILLS LIMITED have been added to the list, joining other already included companies such as WORLDCALL TELECOM LIMITED, UNITY FOODS LIMITED, SUI SOUTHERN GAS COMPANY LIMITED, K-ELECTRIC LIMITED, and PAKISTAN REFINERY LIMITED.