PAKISTAN STOCK EXCHANGE LIMITED

Transcription

1 PS)( PAKISTAN STOCK EXCHANGE LIMITED (Formerly: Karachi Stock Exchange ) Stock Exchange Building, Stock Exchange Road, Karachi-74000, Phones: PSX/N-327 January 20, 2016 NOTICE FOR ALL TRE CERTIFICATE HOLDERS LIST OF MARGIN ELIGIBLE SECURITIES ACCEPTABLE AS COLLATERAL FOR ALL MARKETS In terms of the definition of Margin Eligible (ME) Securities prescribed under the Risk Management Regulations, the Exchange with approval of the Commission given vide its letter No. SMD/SE/2(7)/2002 dated January 14, 2016 has revised the Margin Eligible Securities. Based on the approved Criteria for the Selection of ME Securities, a list of 111 ME Securities as per Annexure-A of this Notice will be acceptable as collateral by the Exchange for all markets with effect from Monday, February 22, 2016, based on at least 30 days advance notice as required under the clause (h) of the aforesaid Regulations. Moreover, the Exchange has also been accepting 1-Bills and electronic units of CDC Eligible Open- End Funds as collateral for all markets, which are categorized as Schemes in accordance with the Criteria prescribed by the Commission vide its circular No.7 dated March 6, 2009, the list of Eligible Open-End Funds is also enclosed herewith for your information as Annexure-B. Furthermore, in terms of the definition of Bank Guarantee acceptable as collateral under the Risk Management Regulations of the Exchange, the list of A Rated Banks whose Guarantee will be acceptable is enclosed herewith as Annexure-C. Therefore, you are hereby advised to update your collateral deposited with the Exchange in terms of new ME Securities before Monday, February 22, 2016, failing which, the Exchange reserves the right to valieijeligible ME Securities as ZERO on or after the effective date. MUI-LMMAD GHUFRAN Deputy Genera! Manager I Operations End: 1. List of revised ME Securities. 2. List of CDC eligible Open-End Funds 3. List of Eligible Banks for Bank Guarantee Copy to: 1. The Executive Director, SECP 06. All HoDs 2. The Managing Director-PSX 07. Notice Board 3. Chief Regulatory Officer - PSX 08. PSX Website 4. Deputy Managing Director - PSX 5. The Chief Executive Officers, CDC, NCCPL

2 ANNEXURE - A REVISED LIST OF MARGIN ELIGIBLE SECURITIES ACCEPTABLE AS COLLATERAL Review Period: From July 1, 2015 to December 31, 2015: Effective from Monday, February 22, 2016 S. NO. SYMBOL NAME 1 ABL Al ied Bank 2 AHCL Arif Habib Corporation 3 AHL Arif Habib 4 AICI Adamjee Insurance 5 AKBL Askari Bank 6 ANL Azgard Nine 7 ATRL Attock Refinery 8 AYN Avonceon 9 BAFL Bank Alfalah 10 BAH Bank AL Habib 11 BERG Berger Paints Pakistan limited 12 BNWM Bannu Woollen Mills 13 BOP The Bank of Punjab 14 BYCO Byco Petroleum Pakistan 15 CEPB Century Paper & Board Mills 16 CHCC Cherat Cement 17 CLOY Clover Pakistan 18 CSAP Crescent Steel & Allied Products 19 DAWH Dawood Hercules Corporation 20 DCH Descon Chemicals 21 DCL Dewan Cement 22 DFML Dewcin Farooque Motors 23 DGKC D.G. Khan Cement 24 DKL Drekkar Kingsway 25 EFERT Engro Fertilizers 26 EFOODS Engro Foods 27 ENGRO Engro Corporation 28 EPCL Engro Polymer & Chemicals 29 EPQL Engro Powergen Qadirpur 30 FABI Foysal Bank 31 FATIMA Fatima Fertilizer 32 FCCL Fauji Cement 33 FECTC Fecto Cement limited 34 FFBL Fauji Fertilizer Bin Qasim 35 FFC Fauji Fertilizer 36 GAIL Ghani Automobile Industries 37 GASF Golden Arrow Selected Stocks Fund 38 GATM GuI Ahmed Textile Mills 39 GGL Ghani Gases 40 GHGL Ghani Glass 41 GHNI Ghandhara Industries 42 GHNL Ghandhara Nissan 43 GLAXO GlaxoSmithKline Pakistan 44 GTYR The General Tyre & Rubber Company of Pakistan 45 HASCOL Hascol Petroleum S. NO. SYMBOL NAME 46 HBL Habib Bank 47 HCAR Honda Atlas Cars (Pakistan) 48 HINO Hinopak Motors 49 HINOON Highnoon Laboratories 50 HMB Habib Metropolitan Bank 51 HUBC The Hub Power 52 HUMNL Hum Network 53 IBLHL IBI HealthCare 54 INIL International Industries 55 ISL International Steels 56 JPGL Japan Power Generation limited 57 JSCL Jahangir Siddiqui & Co. 58 JSIL JS Investments 59 JVDC Javedan Corporation 60 KAPCO Kot Addu Power 61 KEL K-Electric 62 KTML Kohinoor Textile Mills 63 LOTCHEM Lotte Chemical Pakistan 64 LPL Lalpir Power 65 LUCK Lucky Cement 66 MARl Mari Petroleum 67 MCB MCB Bank 68 MEBL Meezan Bank 69 MERIT Merit Packaging 70 MLCF Maple Leaf Cement Factory 71 MUGHAL Mughal Iron & Steel Industries 72 NBP National Bank of Pakistan 73 NCL Nishat (Chunian) 74 NCPL Nishat Chunian Power 75 NETSOL NetSol Technologies 76 NML Nishat Mills 77 NPL Nishat Power 78 NRL National Refinery 79 OGDC Oil & Gas Development 80 PACE Pace (Pakistan) 81 PAEL Pak Elektron 82 PAKCEM Pakcem 83 PAKRI Pakistan Reinsurance 84 PGF PICIC Growth Fund 85 PIAA Pakistan International Airlines Corporation 86 PIBTL Pakistan International Bulk Terminal 87 PIOC Pioneer Cement 88 PKGP Pakgen Power 89 PNSC Pakistan National Shipping Corporation Ltd 90 POL Pakistan Oilfields

3 91 POWER Power Cement 92 PPL Pakistan Petroleum 93 PRL Pakistan Refinery 94 PSO Pakistan Stet Oil 95 PTC Pakistan Telecommunication 96 QUICE Quice Foods Industries 97 SEARL The Searle 98 SEPCO Southern Electric Power 99 SILK Silkbank 100 SING Singer Pakistan 101 SNGP Sui Northern Gas Pipelines 102 SPIEL Synthetic Products Enterprises 103 SPWL Saif Power 104 SSGC Sui Southern Gas 105 STCL Shabbir Tiles & Ceramics 106 SYS Systems 107 TGL Tariq Glass Industries 108 TPL TPL Trakker 109 TREET Treet Corporation 110 TRG TRG Pakistan 111 UBL United Bank The following Security will continue to remain acceptable as collateral against margin requirements as notified by the Exchange vide Notice No. KSE/N-6302 dated November 30, Symbol I Name of Company ASTL I Amreli Steels

4 ANNEXURE B LIST OF OPEN END FUNDS ACCEPTABLE AS COLLATERAL FOR ALL MARKETS S. No. Fund Name Asset Management Company Category Front-end 'Back -end Load Load ABL Cash Fund ABL Asset Management 2 Askari Sovereign Cash Fund Askari Investment Management 3 Atlas Fund Atlas Asset Management 0% 0% 4 BMA Empress Cash Fund BMA Asset Management 1 % 0% 5 Faysal Fund Faysal Asset Management 6 HBL Fund HBL Asset Management 7 JS Cash Fund JS Investment 1 % 0% 8 KASB Cash Fund KASB Fund 1% 0% MCB Cash Management Optimizer MCB - Arif Habib Savings and Fund Investments 10 Meezan Cash Fund Al Meezan Investment Management Islamic 0 0 YO 0.10% NAFA Government Securities Liquid NBP Fullerton Asset Fund Management 12 Pakistan Cash Management Fund MCB - Arif Habib Savings and Investments 0% 0.1 0% 1 3 Primus Daily Reserve Fund Primus Investment Management 14 PICIC Cash Fund PICIC Asset Management 0/ 0 0% 15 UBL Government Securities Fund UBL Fund Managers 16 UBL Islamic Sovereign Fund UBL Fund Managers 1% 0% 17 UBL Liquidity Plus Fund UBL Fund Managers 18 UBL Saving Income Fund UBL Fund Managers H

5 ANNEXURE -c LIST OF ELIGIBLE BANKS FOR BANK GUARANTEE Sr. No. Name of Bank Dissemination Date Long Term Short Term Agency 1 Al Baraka Bank (Pakistan) 29-Jun-1 5 A A-i JCR-VIS Al Baraka Bank (Pakistan) 26-Jun-1 5 A Al PACRA 2 Allied Bank 26-Jun-1 5 AA+ A1+ PACRA 3 Askari Bank 30-Jun-15 AA A-i + JCR-VIS 4 Bank AL Habib 24-Jun-1 5 AA+ A1+ PACRA 5 Bank Alfalah 30-Jun-15 AA A1+ PACRA 6 Banklslami Pakistan 8-May-1 5 A+ Al PACRA 7 Burl Bank 14-Oct-15 A- A-2 JCR-VIS 8 Dubai Islamic Bank Pakistan 30-Jun-1 5 A+ A-i JCR-VIS Faysal Bank 22-Jun-15 AA Al+ PACRA Faysal Bank 30-Jun-1 5 AA A-i + JCR-VIS 10 Habib Bank 30-Jun-15 AAA A-i ± JCR-VIS ii Habib Metropolitan Bank 25-Jun-1 5 AA+ A1+ PACRA 12 JS Bank 22-Jun-15 A+ A1+ PACRA 13 MCB Bank 24-Jun-1 5 AAA A1+ PACRA 14 Meezan Bank 29-Jun-15 AA A-i+ JCR-VIS 15 National Bank of Pakistan 30-Jun-15 AAA A-i + JCR-VIS National Bank of Pakistan 30-Jun-1 5 AAA A1+ PACRA 16 NIB Bank 26-Jun-1 5 AA- A1+ PACRA 17 Samba Bank 30-Jun-15 AA A-i JCR-VIS 18 Silkbank 2-Jul-15 A- A-2 JCR-VIS - 19 Sindh Bank 30-Jun-15 AA A-i + JCR-VlS 20 Soneri Bank 17-Jun-15 AA- A1+ PACRA 21 Standard Chartered Bank (Pakistan) 19-Jun-15 AAA A1+ PACRA 22 Summit Bank 30-Jun-1 5 A A-i JCR-VIS 23 The Bank of Khyber 30-Jun-15 A Al PACRA The Bank of Khyber 30-Jun-1 5 A A-i JCR-VIS 24 The Bank of Punjab 29-Jun-1 5 AA- A1+ PACRA 25 United Bank 30-Jun-15 AA+ A-i + JCR-YIS Maximum Amount against which Bank Guarantee will be Acceptable based on Bank will be as follows: Bank having "A", A+, A- Maximum upto Rs. 400 million per TRE Certificate Holder per Bank Bank having above than "A'S" I Maximum upto Rs billion per TRE Certificate Holder per Bank