Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has released its quarterly review of securities eligibility for Securities Lending and Borrowing (SLB), effective from July 30, 2026. The adjustments, compliant with the NCCPL Regulations 2015, involve the inclusion and exclusion of certain securities from Category A, which pertains to short selling.

According to the report dated July 16, 2026, six securities are set to be included in Category A for the SLB system. These are Clover Pakistan Limited (CLOV), Crescent Star Insurance Limited (CSIL), Dewan Farooque Motors Limited (DFML), IGI Holdings Limited (IGIHL), Media Times Limited (MDTL), and TPL Corp Limited (TPL).

Conversely, the review has resulted in the exclusion of eleven securities from Category A. Allied Bank Limited (ABL), Attock Petroleum Limited (APL), and Ittehad Chemicals Limited (ICL) have been removed due to their average daily traded volume being less than 0.50% of their free float or 100,000 shares. Additionally, Al-Ghazi Tractors Limited (AGTL), Azgard Nine Limited (ANL), Gul Ahmed Textile Mills Limited (GATM), Ghani Glass Limited (GHGL), IBL Healthcare Limited (IBLHL), Image REIT (IREIT), Kohinoor Textile Mills Limited (KTML), and Pakistan Aluminium Beverage Cans Ltd (PABC) were excluded owing to an impact cost greater than two.

According to information available from the Pakistan Stock Exchange (PSX), the securities adjustments are part of an ongoing effort to streamline operations and ensure compliance with the established trading criteria. These changes reflect the current trading dynamics and are aimed at optimizing market efficiency.

The NCCPL's review serves as an essential benchmark for market participants, offering insights into the shifting landscape of eligible securities for lending and borrowing activities. The adjustments in the SLB system are anticipated to influence trading strategies and impact liquidity and market behavior within the designated market category.