Karachi Stock Exchange (KSE) has carried-out the re-composition exercise of KSE-100 index companies for the review period from March 2010 to August 2010, as per the Re-composition Rules of KSE-100 Index. The KSE in its notice issued here on Thursday said that in aggregate, only one company will be affected due to re-composition ie Byco Petroleum Pakistan Limited which will be included in the index in place of Gharibwal Cement Limited on the basis of Market Capitalisation Rule.
The recomposed index, based on the prices of August 31, 2010 will capture the market capitalisation to the extent of 91.11 percent of the total market capitalisation as compared to 91.01 percent of the current index. The recomposed KSE-100 Index will be implemented with effect from October 01, 2010.
Comments
Comments are closed.