KSE-100 Index recomposed

Karachi Stock Exchange (KSE) has re-composed KSE–100 Index for the review period from March to August 2009, as per the Re-composition Rules of KSE-100 Index.

In aggregate, 9 companies would be affected due to re-composition process. The companies included in the index are First Haibib Modaraba, Sigma Leasing Corporation of Pakistan, Habib Sugar Mills Limited, Agriauto Industries Limited, East West Insurance Company Limited, Millat Tractors Limited, Gharibwall Cement Limited, Media Times Limited and Attock Cement Pakistan Limited.

The outgoing Companies are Allied Rental Modaraba, Askari Leasing Limited, Colony Sugar Mills Limited, Baluchistan Wheel Limited, Hinopak Motors Limited, First Capital Securities Limited, Samba Bank Limited, Arif Habib Bank Limited and Altern Energy Limited. The recomposed Index, based on the prices of August 31, 2009 will capture the market capitalization to the extent of 91.56 percent of the total market capitalization as compared to 90.68 percent of the current Index. The revised Index will be implemented w.e.f. October 01, 2009, list of companies attached.

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