PSX “Top 25 companies” for 2016 announced, Fauji Fertilizer takes the crown

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KARACHI: The Acting MD, Haroon Askari, Pakistan Stock Exchange (PSX) on Thursday announced the top twenty-five companies of the year for 2016.

Mr. Askari shared the basis for selection of these top 25 companies which includes capital efficiency, dividend payout, corporate governance, investor relation and compliance, free-float of shares, profitability, transparency etc. reported an English daily.

In descending order, the top twenty-five companies of the year for 2016 as adjudicated by PSX in order of their scores are listed below:

  • Fauji Fertilizer
  • Bank-Al Habib
  • Crescent Steel and Allied Products
  • Archoma Pakistan
  • Atlas Honda
  • Security Papers
  • Arif Habib Limited
  • United Bank Limited
  • Nestle Pakistan
  • Pakistan International Container Limited
  • Colgate-Palmolive
  • JDW Sugar Mills
  • Habib Metropolitan Bank
  • Cherat Packaging
  • Indus Motor Company
  • Ferozsons Labs
  • Shifa International Hospitals
  • Allied Bank Limited
  • MCB Bank Limited
  • Kohinoor Textile Mills
  • Atlas Battery
  • Rafhan Maize Products
  • Meezan Bank
  • Habib Bank Limited
  • Jubilee Life Insurance

No date has been specified for the distribution of these awards, but according to a stock market official the awards ceremony maybe held in coming two months, where the Prime Minister will be present and give awards to all the selected entities.