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WTL, TPL Among 24 Companies Removed From Sharia Compliant Index

admin-augaf by admin-augaf
December 19, 2023
in Business, Finance
Reading Time: 1 min read
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Karachi December 19 2023: Pakistan Stock Exchange Limited has carried out the exercise of recomposition of PSX-KMI ALL SHARE ISLAMIC INDEX for the review period January 1, 2023, to June 30, 2023.

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 258 companies, in aggregate, out of which 32 new companies are included in the Index, whereas, 24 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. Tuesday, December 26, 2023.

Tags: PSX
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