Karachi October 17 2023: National Clearing Company of Pakistan Limited excluded three companies from Margin Trading System with effective from Wednesday November 15, 2023.
These securities include GHANDHARA INDUSTRIES LIMITED, HIGHNOON LABORATORIES LIMITED and TRG PAKISTAN LIMITED.
Share price of TRG drop 2.05 percent and GHNI drop by 2.4 percent while that of HINOON remain stable after the announcement.
GHANDHARA INDUSTRIES LIMITED (GHNI) is excluded after giving consecutive two time relaxation of 25% against Percentile. HIGHNOON LABORATORIES LIMITED (HINOON) excluded on the reason of Avg. Trading Volume And Value Criteria not meet after providing relaxation of 25%.
TRG PAKISTAN LIMITED (TRG) expelled due to 2 Years Loss in Audited Unconsolidated Financials out of 3 Years.