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Stock Index Futures Contract (SIFC) to start on March 3rd

February 28, 2008

The Karachi Stock Exchange has announced that the Stock Index Futures Contract shall commence through the Karachi Automated Trading System from March 3, 2008…The top-25 securities eligible for deposit against SIFC exposure are Oil & Gas Development Company Limited (OGDCL), Arif Habib Securities Limited (AHSL), National Bank of Pakistan (NBP), Engro Chemical (Engro), Pakistan Oilfields Limited (POL), Lucky Cement (LUCK), Pakistan Petroleum Limited (PPL), MCB Bank Limited (MCB), TRG Pakistan (TRG), Pakistan State Oil (PSO), DG Khan Cement (DGKC), Bank of Punjab (BoP), Attock Refinery (ATRL), Fauji Fertiliser Bin Qasim (FFBL), Bank Alfalah (BAFL), NIB Bank (NIB), Adamjee Insurance (AICL), Bosicor Pakistan (BOSI), PTCL (PTC), Askari Bank (AKBL), Fauji Fertiliser (FFC), Netsol Technologies (Netsol), WorldCall Telecom (WTL), Nishat Mills (NML) and Azgard Nine (ANL)… Source : Aaj News

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