Re-composition of the KSE-30 Index
February 15, 2007The Karachi Stock Exchange (KSE) has re-composed the KSE-30 index, based on free-float market capitalisation as on December 31, 2006. The re-composed index will be implemented from February 15, 2007….The re-composition exercise of the index has been conducted based on the revised criteria for measuring liquidity, whereby Average Daily Trade Value of Shares (ADTVS) has been substituted with ‘Impact Cost’.
The 5 new incoming companies include United Bank Limited, Arif Habib Securities Limited, Attock Petroleum Limited, Picic Commercial Bank Limited and Shell Pakistan Limited.
The outgoing companies are Maple Leaf Cement Factory Limited, Pak Suzuki Motor Company Limited, Dawood Hercules Chemicals Limited, Packages Limited, and Unilever Pakistan Limited.
Therefore the following companies would be included in KSE-30 index on the basis of re-composition:
MCB Bank Limited
Oil & Gas Development Company Limited
National Bank of Pakistan
Pakistan Petroleum Limited
Pakistan Oilfields Limited
Fauji Fertilizer Company Limited
Pakistan Telecommunication Co Limited
Pakistan Industrial Credit & Investment Corporation Limited
Pakistan State Oil Company Limited
The Hub Power Company Limited
Engro Chemical Pakistan Limited
The Bank of Punjab Askari Commercial Bank Limited
D G Khan Cement Limited
Fauji Fertiliser Bin Qasim Limited
Bank Al-Habib Limited
Faysal Bank Limited
Adamjee Insurance Company Limited
Sui Northern Gas Pipelines Limited
Sui Southern Gas Company Limited
Nishat Mills Limited
Bank Al Falah Limited
Arif Habib Securities Limited
Kot Addu Power Company Limited
United Bank Limited
Lucky Cement Limited
Shell Pakistan Limited
Picic Commercial Bank Limited
Attock Petroleum Limited
Fauji Cement Company Limited
Source : Business Recorder
