In a recent development, six public companies of Pakistan are selected to be listed on the FTSE (Financial Times Stock Exchange) Global Equity Index Series.
These companies registered on the Pakistan Stock Exchange (PSX) includes, Habib Bank Limited (HBL), Nishat Mills Limited (NML), The Searle Company Limited (SEARL), Engro Corporation Limited (ENGRO), Fauji Fertilizer Company Limited (FFC), and Mari Petroleum Company Limited (MARI).
The FTSE Global Equity Index:
Launched in 2003, the FTSE Global Equity Index Series covers around 7,400 securities in 47 different countries – covering every equity and sector relevant to international investors’ needs.
FTSE indexes are used extensively world-wide for benchmarking portfolios, performance measurement, investment analysis, asset allocation, index tracking funds and structured products.
These 6 Pakistani companies will be listed on the FTSE Global Equity Index Series on March 20.
