PSX launches NIT Pakistan Gateway Index

PSX launches NIT Pakistan Gateway Index

KARACHI: Pakistan Stock Exchange (PSX) on Friday announced the launching of NIT Pakistan Gateway Index (NITPGI).

In a statement the stock market informed all the concerned that the NIT Pakistan Gateway Index would be made live along with its constituents from March 16, 2020.

The index was initiated on January 31, 2020 with the base value of 10,000 points.

As per the prescribed criteria the index aims to track the performance of stocks that represent top 50 percent free float market capitalization of KSE-100 index.

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