Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

PAKISTAN STOCK EXCHANGE LIMITED

Stock Exchange Building, Stock Exchange Road, Karachi-74000


UAN: 111-001-122

PSX/N- 541 April 27, 2020

NOTICE FOR ALL MARKET PARTICIPANTS

UBL Pakistan Enterprise Index (UPP9)


Rebalancing of the Index and 1 share Lot size for new additions to the Index

This is furtherance to our Notice # PSX/N-1620 dated December 18, 2019 regarding Revision in Marketable
Lot for ETF Constituents. All Market Participants are hereby informed that the first rebalancing of the UBL
Pakistan Enterprise Index (UPP9) is due on April 30, 2020 wherein there is a possibility of addition/removal
of stocks from the Index. The index is tracked by UBL Pakistan Enterprise ETF (UBLP-ETF).

The recomposed index shall be implemented w.e.f. May 5, 2020 and the list of newly added and removed
stocks (if any) shall be communicated to the market participants on the close of business of May 4, 2020.

Accordingly, the lot size of newly added stocks (if any) shall be revised to 1 share effective May 5, 2020
while these stocks shall no longer be available for trading in ODD Lot market.

Further, please note that the marketable lot for stocks removed from the basket (if any) shall remain as 1
lot till the next review of the index.

All concerned are requested to note the above.

_______-Sd________
Jawad Haider Hashmi
General Manager - Trading & TREC Affairs

Cc:
1. The Commissioner SMD, SECP. NIC Building, Jinnah Avenue, Blue Area Islamabad
Smd.notices@secp.gov.pk
2. The Chief Executive Officer, PSX
3. The Acting Chief Regulatory Officer, PSX
4. The Chief Executive Officer, CDC
5. The Chief Executive Officer, NCCPL
6. PSX Website

You might also like