Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has announced its quarterly review of securities eligibility for the Securities Lending and Borrowing (SLB) and Margin Financing (MF) systems, effective January 30, 2026. This review, conducted in accordance with the NCCPL Regulations 2015, outlines the inclusion and exclusion of various securities for these systems.

In the SLB System, a total of 41 securities have been added to Category A, enabling them for short selling. Among the securities now eligible are AKD Securities Limited, Attock Petroleum Limited, and Amreli Steels Limited. Also joining this list are Big Bird Foods Limited, Beco Steel Limited, and BF Biosciences Limited, among others. The additions reflect the NCCPL’s ongoing efforts to broaden the range of securities available for short selling in the market.

Conversely, several securities have been excluded from Category A due to various reasons. Agriauto Industries Limited, Exide Pakistan Limited, and JS Bank Limited were removed because their impact costs are greater than 2. Meanwhile, Ferozsons Laboratories Limited and Haleon Pakistan Limited were excluded as their average daily traded volumes are less than 0.50% of their free float or 100,000 shares. Mitchells Fruit Farms Limited and Nimir Resins Limited also faced exclusion due to high impact costs.

In a notable addition, Worldcall Telecom Limited has been included in both Category B of the SLB System and the Margin Financing (MF) System. This inclusion aligns with the criteria set forth in clause 7B.3.1.3 of the NCCPL Regulations 2015.

According to information available from the Pakistan Stock Exchange (PSX), the adjustments in the securities list are integral to maintaining market efficiency and liquidity. The periodic review ensures that only securities meeting the stipulated criteria are part of the lending and financing systems.

The NCCPL’s revisions are a significant measure in facilitating a dynamic and responsive securities market, reflecting current trading conditions and market participant needs. These changes are expected to impact the designated market category by influencing trading strategies and investment decisions moving forward.