NCCPL issues notice of securities eligibility
16 October 2018 Islamabad
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The head of operations at the National Clearing Company of Pakistan Limited (NCCPL) has issued a notice referring to the interim review of securities eligibility in accordance with its regulations.
It stated that the following securities will be included/excluded from the list of eligible securities for respective NNC systems.
The following securities, Ghani Gases; Nishat Chunian Power; Roshan Packages, will be excluded from the list of securities lending and borrowing eligible securities–Category A for short-selling, effective from 14 November.
In addition, Bank Al Habib; Engro Foods; Siddiqsons Tin Plate will be excluded from the list of securities eligible for margin trading system and transaction margins, effective from 14 December.
Lucky Cement and Gul Ahmed Textile Mills are to be excluded from category B and included in category A, effective from 14 November.
Finally, Bank Al Habib; Packages and Pakistan Refinery will be excluded from the list of Margin Eligible Securities, effective from 14 November.
It stated that the following securities will be included/excluded from the list of eligible securities for respective NNC systems.
The following securities, Ghani Gases; Nishat Chunian Power; Roshan Packages, will be excluded from the list of securities lending and borrowing eligible securities–Category A for short-selling, effective from 14 November.
In addition, Bank Al Habib; Engro Foods; Siddiqsons Tin Plate will be excluded from the list of securities eligible for margin trading system and transaction margins, effective from 14 December.
Lucky Cement and Gul Ahmed Textile Mills are to be excluded from category B and included in category A, effective from 14 November.
Finally, Bank Al Habib; Packages and Pakistan Refinery will be excluded from the list of Margin Eligible Securities, effective from 14 November.
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