Karachi February 3 2023: 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, 2022 to December 31, 2022.
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 Faysal Bank Limited and Habib Metropolitan Bank Limited are included in Banking Sector Tradable Index (BKTi) in place of The Bank of Punjab and National Bank of Pakistan due to the re-composition exercise.
The recomposed Index will be implemented with effect from Tuesday, February 15, 2023.
Tradable sector indices capture minimum 80% free float market capitalization of the given sector (without any minimum companies’ limit). Following is the list of stocks falling under Oil & Gas and Banking Tradable Indices.
LIST OF COMPANIES INTHE RECOMPOSEDTRADABLE BANKING INDEX
| Sr.no | Symbol | Companies |
| 1 | BAFL | Bank Alfalah Ltd |
| 2 | BAHL | Bank Al-Habib Ltd |
| 3 | FABL | Faysal Bank |
| 4 | HBL | Habib Bank Ltd |
| 5 | HMB | Habib Metropolitan Bank |
| 6 | MCB | MCB Bank Ltd |
| 7 | MEBL | Meezan Bank Ltd |
| 8 | UBL | United Bank ltd |
LIST OF COMPANIES INTHE RECOMPOSEDTRADABLE OIL & GAS INDEX
| Sr.no | Symbol | Companies |
| 1 | OGDC | Oil & Gas Development Company Limited |
| 2 | PPL | PPL Pakistan Petroleum Limited |
| 3 | POL | POL Pakistan Oilfields Limited |
| 4 | Mari | Mari Petroleum Company Limited |
