Karachi October 21 2021: Pakistan Stock Exchange Limited (“PSX”) has carried out the Re-Composition exercise of NIT Pakistan Gateway Index (NITPG Index) as at September 30th 2021, as per the NITPG Index Rules. As a result System Limited is included to the Index with a wright of 6.24 percent while Engro Fertilizers Limited is expelled from the Index.
The recomposed index shall be implemented w.e.f. Friday, October 22nd 2021. Further, please note that the lot size of incoming company shall be revised to ONE (01) share and shall be discontinued in ‘Odd Lot Market’.
The company removed from NITPGI index shall continue to trade in lot size of ONE (01) share till next rebalancing. The updated basket will be placed on PSX website after completion of ETF constituents rebalancing.