Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has announced its quarterly review of securities eligible for the Margin Trading System (MTS), bringing several changes to the current list. This review, dated April 16, 2026, will take effect from April 30, 2026, and outlines the securities eligible for MTS and MT (R) Transaction margins.

The newly eligible securities for a 60-day contract include Bunnys Limited, Ghani Chemical Industries Limited, and Javedan Corporation Limited among others. In contrast, Crescent Star Insurance Limited and TPL REIT Fund I have been designated a 30-day contract period. This review is in accordance with the NCCPL Regulations 2015, specifically clause 7C.3.2.d and 7C.3.2.e.

According to information available from the Pakistan Stock Exchange (PSX), several securities will be retained on the list due to applicable relaxations. These include Citi Pharma Limited and Ghani Glass Limited, both benefiting from a single relaxation. Ghani Glass Limited, however, is slated for removal from the MTS list effective May 15, 2026, due to its failure to meet the average turnover and trade value criteria, even after applying relaxations.

The market has also witnessed an adjustment with International Steels Limited, which will be excluded from MTS following the same date and criteria as Ghani Glass Limited. These changes are expected to influence the designated market category, impacting both investors and stakeholders involved in these securities.

This quarterly review reflects the ongoing adjustments within the Pakistan Stock Exchange as it seeks to maintain a robust and compliant trading environment. The outlined changes signify a strategic move to ensure that only securities meeting specific criteria remain part of the Margin Trading System, thereby potentially affecting market dynamics in the upcoming months.