Only 3 Out of 7 Companies See Gains After Stock Splits on PSX
Out of seven listed companies that announced stock splits this calendar year, only three have posted net positive returns on the Pakistan Stock Exchange (PSX), according to data shared by Arif Habib Limited on X.
The companies that implemented stock splits include Arif Habib Corporation Limited (PSX: AHCL) with a 10-for-1 split, Lucky Cement (PSX: LUCK) with a 5-for-1, Intermarket Securities Limited (PSX: IMS) with a 10-for-1, Systems Limited (PSX: SYS) with a 5-for-1, United Bank Limited (PSX: UBL) with a 2-for-1, Thatta Cement Company Limited (PSX: THCCL) with a 5-for-1, and Lucky Core Industries Limited (PSX: LCI) with a 5-for-1.
Among these, only AHCL, LUCK, and UBL have shown positive gains since their announcements. AHCL led the group with a 36.1% increase, followed by LUCK at 18.7% and UBL with a modest 4.6% gain. The remaining companies did not show net positive returns post-split.
READ MORE: SECP Proposes Framework to Transform Industry Associations into Self-Regulatory Organizations
Stock splits are typically used to enhance market liquidity and make shares more accessible to retail investors, but the latest data shows mixed results for this strategy on the PSX.
