Short selling for KSE-30 Index cos from Jan 4
Wednesday, 9 December 2009
KARACHI, Dec 8 (Business Recorder): The board of directors of Karachi Stock Exchange (KSE) has approved ready market short-selling for KSE-30 Index companies from January 4, 2010. The board took this decision in its meeting held recently with prior approval of the Securities and Exchange Commission of Pakistan (SECP).
According to KSE board decision, the KSE-30 Index securities will be eligible for short selling from Monday, January 4, 2010, as per Regulations for Short Selling under Ready Market, 2002.
The eligible securities for short selling are: Arif Habib Securities (AHSL), Adamjee Insurance Company (AICL), Azgard Nine (ANL), Attock Petroleum (APL), Attock Refinery (ATRL), Bank Al Falah (BAFL), Bank Al Habib (BAHL), DG Khan Cement (DGKC), Engro Chemical Pakistan (Engro), Fauji Fertiliser Bin Qasim (FFBL), Fauji Fertiliser Company (FFC), Habib Bank (HBL), Hub Power Company (HUBC), ICI Pakistan (ICI), Jahangir Siddiqui Company (JSCL), Kot Addu Power Company (Kapco), Lucky Cement (LUCK), MCB Bank (MCB), National Bank (NBP), Nishat Mills (NML), National Refinery (NRL), Oil and Gas Development Company (OGDC), Pak Reinsurance Company (PAKRI), Pakages (PKGs), Pak Oilfields (POL), Pakistan Petroleum (PPL), Pakistan State Oil (PSO), Pakistan Telecommunication Company (PTCL), Shell Pakistan (SHEL) and United Bank (UBL).
According to KSE board decision, the KSE-30 Index securities will be eligible for short selling from Monday, January 4, 2010, as per Regulations for Short Selling under Ready Market, 2002.
The eligible securities for short selling are: Arif Habib Securities (AHSL), Adamjee Insurance Company (AICL), Azgard Nine (ANL), Attock Petroleum (APL), Attock Refinery (ATRL), Bank Al Falah (BAFL), Bank Al Habib (BAHL), DG Khan Cement (DGKC), Engro Chemical Pakistan (Engro), Fauji Fertiliser Bin Qasim (FFBL), Fauji Fertiliser Company (FFC), Habib Bank (HBL), Hub Power Company (HUBC), ICI Pakistan (ICI), Jahangir Siddiqui Company (JSCL), Kot Addu Power Company (Kapco), Lucky Cement (LUCK), MCB Bank (MCB), National Bank (NBP), Nishat Mills (NML), National Refinery (NRL), Oil and Gas Development Company (OGDC), Pak Reinsurance Company (PAKRI), Pakages (PKGs), Pak Oilfields (POL), Pakistan Petroleum (PPL), Pakistan State Oil (PSO), Pakistan Telecommunication Company (PTCL), Shell Pakistan (SHEL) and United Bank (UBL).