Karachi February 2 2025: 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, 2024, to December 31, 2024.
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.
As a result, National Bank of Pakistan and Faysal Bank Limited are included to the index while Pakistan Oilfields Limited excluded from the index.
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. Monday, February 17, 2025.
