Karachi, November 19, 2012 (PPI-OT): All TREC Holding Members and Market participants are hereby informed that KSE Governing Board of Directors in its meeting No 17 of 2012 held on October 31, 2012 at me registered premises of the Exchange, discussed a number of measures for making KSE 30 a more liquid Index.
The Board accordingly added a requirement of pre-inclusion of liquidity parameter in the existing eligibility criteria of KSE-30 Index which requires the impact of KSE-30 Index which requires the impact of KSE-30 index constituent(s) to be less than 1.50% during the review period. The Board observed that rest of the rules, regulations, policies and procedures in respect of the KSE – 30 index re-composition remains the same.
All the market participants and the TREX Holding Members are informed that the Management will implement the above changes in February 2013 on the basis December 31, 2012 data.
For more Information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136