Karachi: According to the latest quarterly review from the National Clearing Company of Pakistan Limited, effective October 30, 2024, a list of securities eligible for margin trading on the Pakistan Stock Exchange has been updated. The review encompasses a selection of stocks that meet the specific criteria set forth under the clause 7C.3.2 of the NCPL Regulations 2015. This announcement reflects changes in the margin trading eligibility of various securities.

The updated list includes a total of 65 securities that will now be eligible for the Margin Trading System (MTS), with contract lengths predominantly set at 60 days, though some are specified at 30 days. Significant among the securities are prominent names from the banking, energy, and manufacturing sectors. According to information available from the Pakistan Stock Exchange (PSX), these adjustments ensure that the securities comply with the necessary regulatory frameworks to qualify for margin trading, fostering a more regulated and secure trading environment.

Additionally, the review also details securities that have been excluded from margin trading effective from November 14, 2024. Aisha Steel Mills Limited, BankIslami Pakistan Limited, and Dolmen City REIT are among those removed due to not meeting the 22nd percentile benchmark criteria after applying the designated relaxation. Conversely, new additions have been made to the margin trading eligible securities, including Sazgar Engineering Works Limited, reinforcing the dynamic nature of the market and regulatory adaptations.

This routine revision serves to align the securities' trading practices with the current market conditions and regulatory standards, maintaining the integrity and stability of the financial market. The list and respective changes will become effective starting the end of October and mid-November, ensuring traders and institutions are well-informed of the updated trading guidelines.