Just 2 Listed Companies See Gains Since Announcing Stock Split At PSX

Only two listed companies out of six have seen a net positive return on their gains at the main bourse since announcing stock splits this calendar year. Arif Habib Limited discussed on X that the recent wave of stock split announcements, six companies—Arif Habib Corporation Limited (PSX: AHCL) (10-for-1), Lucky Cement (PSX: LUCK) (5-for-1), Intermarket Securities Limited (PSX: IMS) (10-for-1), Systems Limited (PSX: SYS) (5-for-1), United Bank Limited (PSX: UBL) (2-for-1) and Thatta Cement Company Limited (PSX: THCCL) (5-for-1) have announced splits. Of these, AHCL and LUCK have recorded strong returns, gaining 36.6 percent and 15.0 percent, respectively, from the date of announcement to date. The stock splits were carried out by the aforementioned listed companies to improve market liquidity and investor accessibility.