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PSX included TPLP & EPCL in JSMFI Index in place of TELE, NETSOL & HUMNL

admin-augaf by admin-augaf
March 4, 2022
in Business
Reading Time: 2 mins read
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PSX included TPLP & EPCL in JSMFI Index in place of TELE, NETSOL & HUMNL

PSX included TPLP & EPCL in JSMFI Index in place of TELE, NETSOL & HUMNL

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Karachi March 4 2022: Pakistan Stock Exchange Limited has carried out the Recomposition exercise of JS Momentum Factor Index (JSMFI) as of February 28, 2022, as per the JSMF Index Rules.

PSX include TPL Properties Limited, Engro Polymer & Chemicals Limited, Fauji Fertilizer Company Limited, United Bank Limited, Tariq Glass Industries Limited, Nishat Chunian Limited, Mari Petroleum Company Limited, Millat Tractors Limited and Indus Motor Company Limited.


A L S O || R E A D

SBP to announce Monetary Policy on 8th March


While PSX exclude Avanceon Limited, Octopus Digital Limited, Netsol Technologies Limited, The Hub Power Company Limited, Telecard Limited, Hum Network Limited, Bank Alfalah limited, Kot Addu Power Company and Unity Foods Limited..

The recomposed index shall be implemented w.e.f. Monday, March 7, 2022.

Please note that the lot size of incoming symbols shall be revised to ONE share and shall be discontinued in ODD LOT market. The stocks removed from JSMF index shali continue to trade in lot size of ONE share till next rebalancing. The updated basket will be placed on PSX web site after completion of ETF constituents rebalancing.

Tags: BUSINESSfinancePakistanpakistan stock exchangePSX
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