Karachi August 4 2021: Pakistan Stock Exchange Limited has carried-out the exercise of recomposition of Oil & Gas and Banking Sector Tradable Indices for the review period from January 1, 2021 to June 30, 2021. 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.
The recomposed Index will be implemented with effect from Monday, August 16 2021
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There is no change in the in the Tradable Indices of Oil & Gas Sector index. The incoming company in Banking Sector Tradable Index is The Bank of Punjab. Tradable sector indices capture minimum 80 percent free float market capitalization of the given sector (without any minimum companies’ limit). List of companies in the recomposed Trade able index is attached.
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