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HomeFinanceStock MarketJOINT MEETING CALLED BY NCCPL TO GET VIEWS FROM STAKEHOLDERS ON MSCI...

JOINT MEETING CALLED BY NCCPL TO GET VIEWS FROM STAKEHOLDERS ON MSCI FRONTIER MARKET INDEX

MSCI Frontier Market and Frontier Market Small Cap Index mein PSX ki certain Securities add/delete ki jaengi jo kay 31 August 2023 se effect hoga.

NCCPL ne is baat ko nazar mein rakhtay hue concern stakeholders kay sath meeting announce ki hai jin mein Custodian Clearing Members (CCMs), Broker Clearing Members (BCMs), Pakistan Stock Brokers Association (PSBA), Pakistan Stock Exchange (PSX) and Central Depository Company of Pakistan (CDC) shamil hongay.

Meeting ka purpose expected trades kay volume and transactions ki value par unkay views lena and is event kay doran trades and transactions ki seamless trading, settlement and risk management kay liye steps identify karna hai.

MSCI ne apne Frontier Market Index mein 15 Pakistani securities ko upgrade kia jab kay Frontier Market Small Capital Index mein 41 new securities ko add kia hai.

Frontier Market Index mein upgraded Companies:
HABIB BANK, HUB-POWER CO, LUCKY CEMENT, MILLAT TRACTORS, PAKISTAN OILFIELDS, MARI PETROLEUM, BANK ALFALAH, ENGRO FERTILIZERS, FAUJI FERTILIZER CO, MCB BANK, PAKISTAN PETROLEUM, PAKISTAN STATE OIL CO, SYSTEMS, TRG PAKISTAN and UNITED BANK.

MSCI Frontier Market Small Cap Index mein added Companies:
NATIONAL REFINERY, NETSOL TECHNOLOGIES (PK), NISHAT CHUNIAN POWER, NISHAT MILLS, ENGRO POWERGEN QADIRPUR, FAUJI CEMENT CO, FAUJI FERTILIZER BIN QASIM, FAYSAL BANK, NISHAT POWER, AIR LINK COMMUNICATION, ATTOCK CEMENT PAKISTAN, ATTOCK REFINERY, AVANCEON, BANK OF PUNJAB, BANKISLAMI PAK, CHERAT CEMENT, CNERGYICO PK, GUL AHMED TEXTILE MILLS, HONDA ATLAS, HUM NETWORK, INTERNATIONAL INDUSTRIES, INTERNATIONAL STEELS, JAHANGIR SIDDIQUI & CO, DG KHAN CEMENT COMPANY, KOHAT CEMENT, KOT ADDU POWER COMPANY, LALPIR POWER, MAPLE LEAF CEMENT, MUGHAL IRON & STEEL IND, NATIONAL FOODS, PAK ALUMINIUM BEV CANS, PAK ELEKTRON, PAKISTAN INTL BULK, PAKISTAN REFINERY, PIONEER CEMENT, SEARLE PAKISTAN, SHELL PAKISTAN, SUI NORTH GAS PIPELINES, TARIQ GLASS INDUSTRIES, TPL PROPERTIES and UNITY FOODS.

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