Pakistan's benchmark share index rises 2.1% (updated)

Lucky Cement

11/08/2023 06:12

(Adds details of additions in paragraphs 2-4)
       KARACHI, Aug 11 (Reuters) - Pakistan's benchmark share
index  .KSE  rose 2.1% in early morning trade after Morgan
Stanley Capital International (MSCI) added 15 Pakistan-listed
companies to its main Frontier Market index.
    The 15 companies included names from the banking, oil and
gas exploration, fertiliser and tech sectors.
     The companies are Bank Alfalah  BAFL.PSX , Engro
Fertilizers < ENGR.PSX>, Fauji Fertilizers Co  FAUF.PSX , Habib
Bank  HBL.PSX , Hub Power Co  HPWR.PSX , Lucky Cement
 LUKC.PSX , Mari Petroleum  MGAS.PSX , MCB Bank  MCB.PSX ,
Millat Tractors  MILM.PSX , Pakistan Oilfields  PKOL.PSX ,
Pakistan Petroleum  PPL.PSX , Pakistan State Oil  PSO.PSX ,
Systems Ltd  SYSE.PSX , TRG Pakistan  TRGP.PSX  and United Bank
 UBL.PSX , MSCI said. 
    Their addition to the MSCI Frontier Market Index will take
place on Aug. 31.

 (Reporting by Ariba Shahid in Karachi; Editing by Himani Sarkar
and Edmund Klamann)
 ((Ariba.Shahid@thomsonreuters.com; +92 3442834961;))