PSX rejigs NBP Pakistan Growth Index

09-Feb-2026


MettisGlobal


February 09, 2026 (MLN): Pakistan Stock Exchange (PSX) has reconstituted the NBP Pakistan Growth Index (NBPPGI), adding National Bank of Pakistan while removing Pakistan State Oil, according to an exchange issued Friday.

The changes take effect February 9, 2026, following the index’s scheduled review. 

The re-composition was carried out as of January 30, 2026, in line with the index’s rulebook, PSX said.

Incoming and Outgoing Constituents

ChangeCompany
IncomingNational Bank of Pakistan
OutgoingPakistan State Oil Co. Ltd.


NBP Pakistan Growth Index – Constituents and Weights

(As of January 31, 2026)

RankSymbolCompanyWeight
1FFCFauji Fertilizer Company Ltd.10.00%
2PPLPakistan Petroleum Ltd.9.47%
3OGDCOil & Gas Development Company Ltd.9.47%
4UBLUnited Bank Ltd.9.11%
5HUBCHub Power Company Ltd.8.81%
6NBPNational Bank of Pakistan7.45%
7MARIMari Energies Ltd.7.44%
8LUCKLucky Cement Ltd.6.64%
9ENGROHEngro Holdings Ltd.6.19%
10MEBLMeezan Bank Ltd.5.87%
11HBLHabib Bank Ltd.5.46%
12SYSSystems Ltd.3.82%
13EFERTEngro Fertilizers Ltd.3.81%
14MCBMCB Bank Ltd.3.47%
15BAHLBank AL Habib Ltd.3.00%

The revised index composition will be implemented from Monday, potentially triggering portfolio adjustments by funds tracking the benchmark. 

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