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PSX Removed 33 Stocks from Shariah Compliant Index

admin-augaf by admin-augaf
June 27, 2023
in Business, Finance
Reading Time: 4 mins read
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PSX Added 30 New Companies To Shariah Compliant Index
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Karachi June 27 2023: Pakistan Stock Exchange Limited has carried out the exercise of recomposition of PSX-KMI ALL SHARE ISLAMIC INDEX for the review period July 01, 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 PSX-KMI All Share Islamic Index of Pakistan.

The recomposed PSX-KMI All Share Islamic Index of Pakistan will comprise of 251 companies, in aggregate, out of which 26 new companies are included in the Index, whereas, 33 companies have been removed from the Index. Enclosed herewith is the list with complete details of inclusion and exclusion of the recomposed Index.

The recomposed Index will be implemented w.e.f Monday, July 10, 2023.

S.NIncoming
1AGHAAgha Steel Industries Limited
2BGLBalochistan Glass Limited
3CRTMCrescent Textile Mills Limited
4FABLFaysal Bank Limited
5HUBCHub Power Company Limited
6KOHPKohinoor Power Company
7LOTCHEMLotte Chemical Pakistan Limited
8LPLLalpir Power Limited
9MERITMerit Packaging Limited
10METAMeta Tech Health Limited
11NCPLNishat Chunian Power Limited
12OBOYOilboy Energy Limited (Drekkar
Kingsway Ltd)
13PAKDPak DataCom Limited
14PKGPPakgen Power Limited
15QUICEQuice Food Industries Limited
16STPLSiddiqsons Tin Plate Limited
17ALNRSAl-Noor Sugar Mills Limited
18CHASChashma Sugar Mills Limited
19HUSIHussain Industries Limited
20INKLInternational Knitwear Limited
21KCLKaram Ceramics Limited
22PMRSPremier Sugar Mills Limited
23SHSMLShahmurad Sugar Mills Limited
24SINDMSindh Modaraba
25TICLThal Industries Corp Limited
26ZAHIDZahidjee Textile Mills Limited
S.NOutgoing
1AGSMLAbdullah Shah Ghazi Sugar Mills Ltd
2ANTMAN Textile Mills Limited
3ASTLAmreli Steels Ltd
4AWTXAllawasaya Tex. & Finishing Mills Limited
5AWWALAwwal Modaraba
6BHATBhanero Textile Mills Limited
7BTLBlessed Textiles Limited
8CNERGYCnergyico PK Limited
9CPPLCherat Packaging Limited
10DLLDawood Lawrencepur Limited
11EPQLEngro Powergen Qadirpur Limited
12GADTGadoon Textile Mills Limited
13GFILGhazi Fabrics International Limited
14GTYRGhandhara Tyre & Rubber Company
Limited
15HABSMHabib Sugar Mills Limited
16HCLHallmark Company Limited
17IDRTIdrees Textile Mills Limited
18IDSMIdeal Spinning Mills Limited
19JATMJ.A. Textile Mills Limited
20JKSMJ.K. Spinning Mills Limited
21NATFNational Foods Limited
22NCLNishat Chunian Limited
23OTSUOtsuka Pakistan Limited
24PAKOXYPakistan Oxygen Limited
25PCALPakistan Cables Limited
26POLPakistan Oilfields Limited
27REDCORedco Textiles Limited
28SHCMShadman Cotton Mills Limited
29SMLShakarganj Limited
30SSMLSaritow Spinning Mills Limited
31TATM (Tata Textile Mills Limited)
32TPLT (TPL Trakker Limited)
33UPFL (Unilever Pakistan Foods Limited)

Source: PSX

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Tags: PSXPSX-KMI All share Islamic Index
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