Karachi September 16 2024: Kohinoor Spinning Mills Limited, Sazgar Engineering Works Limited and Air Link Communication Limited among seven securities added to KSE100 index as a result of index re-composition.
“It is hereby informed that Pakistan Stock Exchange Limited (PSX) has carried out the re-composition exercise of KSE100 Index for the review period from March 2024 to August 2024, in accordance with the relevant index rules” states PSX notice.
Kohinoor Spinning Mills Limited, JDW Sugar Mills Limited, Sazgar Engineering Works Limited, Air Link Communication Limited, Mehmood Textile Mills Limited, Atlas Honda Limited and Honda Atlas Cars (Pakistan) Limited are added to the index.
At the same time, Gadoon Textile Mills Limited, Habib Sugar Mills Limited, BankIslami Pakistan Limited, Century Paper & Board Mills Limited, Kohinoor Textile Mills Limited, Shifa International Hospitals Limited and Saif Power Limited are the outgoing securities.
Kohinoor Spinning Mills Limited and JDW Sugar Mills Limited are added due to the Sector Based Rule while the others are changed based on Market Capitalization Based Rule.
The above-mentioned changes in the KSE-100 Index will be implemented w.e.f. Tuesday, October 01, 2024.
