Karachi March 4 2022: Pakistan Stock Exchange Limited has carried out the Recomposition exercise of JS Momentum Factor Index (JSMFI) as of February 28, 2022, as per the JSMF Index Rules.
PSX include TPL Properties Limited, Engro Polymer & Chemicals Limited, Fauji Fertilizer Company Limited, United Bank Limited, Tariq Glass Industries Limited, Nishat Chunian Limited, Mari Petroleum Company Limited, Millat Tractors Limited and Indus Motor Company Limited.
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While PSX exclude Avanceon Limited, Octopus Digital Limited, Netsol Technologies Limited, The Hub Power Company Limited, Telecard Limited, Hum Network Limited, Bank Alfalah limited, Kot Addu Power Company and Unity Foods Limited..
The recomposed index shall be implemented w.e.f. Monday, March 7, 2022.
Please note that the lot size of incoming symbols shall be revised to ONE share and shall be discontinued in ODD LOT market. The stocks removed from JSMF index shali continue to trade in lot size of ONE share till next rebalancing. The updated basket will be placed on PSX web site after completion of ETF constituents rebalancing.