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Refineries And Energy Companies Added to JS Momeuntum Fund With Significant Weights

admin-augaf by admin-augaf
October 8, 2023
in Business, News
Reading Time: 1 min read
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PSX Added 30 New Companies To Shariah Compliant Index
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Karachi October 8 2023: Pakistan Stock Exchange Limited has carried out the re-composition exercise of JSMFI as of September 28, 2023, in accordance with the relevant index rules.

As a result, the following are the incoming and outgoing companies.

The constituents of JSMFI along with their weights in the index as of September 28, 2023, are as under.

Name of the CompaniesWeights
Attock Refinery Limited20.0%
Pakistan Petroleum Limited20.0%
The Hub Power Company Limited17.70%
National Refinery Limited13.89%
Nishat Chunian Power Limited7.48%
BankIslami Pakistan Limited2.95%
Interloop Limited2.82%
Pak Suzuki Motor Company Limited2.79%
Lotte Chemical Pakistan Limited2.39%

The above changes in the JSMFI were implemented w.e.f. Friday, October 06, 2023.


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Tags: JS Momentum Index FundPSX
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