KARACHI:  The National Clearing Company of Pakistan Limited (NCCPL) has conducted interim review of securities eligibility for NCC Systems and decided to exclude certain securities from the list of eligible securities.

Allied Bank Limited (ABL), Clover Pakistan Limited (CLOV), Dost Steels Limited (DSL), Engro Powergen Qadirpur Limited (EPQL) and Tri-Star Polyester Limited (TRPOL) will excluded from the list of Category-A Securities Lending & Borrowing (SLB) eligible securities for short-selling effective December 31, 2018.

Byco Petroleum Pakistan Limited (BYCO) will be excluded from Category-A list of securities eligible for Margin Trading System and MT (R) Transaction margins from January 29, 2019 and will be included in Category-B.

Byco Petroleum Pakistan Limited (BYCO) will be excluded from the list of Margin Eligible Securities (MES) effective December 31, 2018.