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Azgard Nine and Aisha Steel Expelled from KSE-100 Index on Basis of Market Capitalization

admin-augaf by admin-augaf
September 15, 2022
in Business, National, News
Reading Time: 1 min read
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Azgard Nine and Aisha Steel Expelled from KSE-100 Index on Basis of Market Capitalization

Azgard Nine and Aisha Steel Expelled from KSE-100 Index on Basis of Market Capitalization

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Karachi September 15 2022: Pakistan Stock Exchange Limited has carried-out the exercise of re-composition of KSE-100 Index for the review period from March 2022 to August 2022.

The re-composition has been carried out on the basis of the re-composition rules of the KSE-100 Index.

As a result, Air Link Communication Limited, Rafhan Maize Products Company Limited and Unilever Pakistan Foods Limited are included into the KSE-100 Index on the basis of market capitalization while Azgard Nine Limited, Aisha Steel Mills Limited and IGI Holdings Ltd excluded from the Index.

The above mentioned changes in KSE-100 index will be implemented with effect from Monday October 3, 2022. 

Source: Pakistan Stock Exchange
Tags: KSE-100 IndexPSXRecomposition
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