Karachi December 4 2022: National Clearing Company of Pakistan Limited exclude 6 securities from Securities Lending and Borrowing (SLB), Margin Trading System (MTS) and Margin Eligible Securities (MES) as an interim review of securities eligibility in accordance with NCCPL Regulations.
Four securities will be excluded from the list of Securities Lending and Borrowing (SLB) System eligible securities – Category A with effective from December 15, 2022.
Honda Atlas Cars (Pakistan) Limited, International Industries Limited, International Steels Limited and TPL Corp Limited will be excluded from SLB as their impact cost is greater than 2.
Nishat Chunian Limited to be Excluded from Category – A of Margin Trading System & Included in Category B with effective from January 30, 2023 as its impact cost is greater than 1 while, Ghandhara Nissan Limited and International Steel Limited to be excluded from Category – B with effective from December 30, 2022 as their average turnover is less than 0.1 percent of top 200 securities.
Nishat Chunian Limited and Tariq Glass Industries Limited securities to be excluded from Category – A of Margin Eligible Securities (MES) and Included in Category – B as their impact cost is greater than or equal to 1, effective from December 30, 2022.
Four securities Century Paper and Board Mills Limited, Honda Atlas Cars (Pakistan) Limited, International Industries Limited and International Steels Limited to be excluded from Category – B.
Cherat Cement Company Limited is the only security which is promoted from Category – B and Included in Category – A of Margin Eligible Securities (MES).
