External broker reports(aggregated public sources), Topline Securities

Topline Securities

Topline Securities is one of the fastest growing brokerage houses in Pakistan. It has strong equity brokerage, economic / equity research, mutual fund distribution, commodity trading and corporate finance & advisory functions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Karachi Stock Exchange Kse100 Index (KSE100 INDEX)

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<li>Morgan Stanley Capital International (MSCI) earlier today announced the results of the May 2018 Semi‐Annual Index Review for the MSCI Equity Indexes.</li>
<li>While there was no change in the MSCI Global Standard Indexes, MSCI has removed Pak Elektron (PAEL), National Refinery (NRL) and IGI Holdings Limited (IGIHL) from the MSCI Global Small Cap Indexes. All changes will be implemented from the close of May 31, 2018.</li>
<li>Other development coinciding with the index review is the partial inclusion of China A…</li>
</ul>


Morgan Stanley Capital International (MSCI) earlier today announced the results of the May 2018 Semi‐Annual Index Review for the MSCI Equity Indexes.
While there was no change in the MSCI Global Standard Indexes, MSCI has removed Pak Elektron (PAEL), National Refinery (NRL) and IGI Holdings Limited (IGIHL) from the MSCI Global Small Cap Indexes. All changes will be implemented from the close of May 31, 2018.
Other development coinciding with the index review is the partial inclusion of China A…


Flash Note: Pakistan Market: Pak Weight in EM to Slightly Fall Post China A Shares Inclusion