Air Link, National Refinery join KSE-30 in PSX rejig

MG News | February 02, 2026 at 09:38 AM GMT+05:00

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February 02, 2026 (MLN): Pakistan Stock Exchange (PSX) has reshuffled the constituents of its benchmark KSE-30 Index following the annual re-composition exercise conducted as of December 31, 2025, according to a notice issued on Friday.

Air Link Communication Limited (AIRLINK) and National Refinery Limited (PSX: NRL) will be added to the index, while Bank AL Habib Limited (PSX: HBL) and Pakistan Refinery Limited (PSX: PRL) will be removed.

The changes will take effect from March 16, 2026, PSX said.

The re-composition was carried out in line with the index methodology available on the exchange’s website.

The KSE-30 Index tracks the performance of the 30 most liquid companies listed on the Pakistan Stock Exchange and is widely used by institutional investors as a benchmark for large-cap exposure.

Incoming and Outgoing Companies

Change Type	Company
Incoming	Air Link Communication Limited
	National Refinery Limited
Outgoing	Bank AL Habib Limited
	Pakistan Refinery Limited

Revised KSE-30 Index Constituents

(Effective March 16, 2026)

No.	Symbol	Company
1	AIRLINK	Air Link Communication Limited
2	ATRL	Attock Refinery Limited
3	BOP	The Bank of Punjab
4	DGKC	D.G. Khan Cement Company Limited
5	EFERT	Engro Fertilizers Limited
6	ENGROH	Engro Holdings Limited
7	FCCL	Fauji Cement Company Limited
8	FFC	Fauji Fertilizer Company Limited
9	GAL	Ghandhara Automobiles Limited
10	GHNI	Ghandhara Industries Limited
11	HBL	Habib Bank Limited
12	HUBC	The Hub Power Company Limited
13	LUCK	Lucky Cement Limited
14	MARI	Mari Energies Limited
15	MCB	MCB Bank Limited
16	MEBL	Meezan Bank Limited
17	MLCF	Maple Leaf Cement Factory Limited
18	NBP	National Bank of Pakistan
19	NRL	National Refinery Limited
20	OGDC	Oil & Gas Development Company Limited
21	PAEL	Pak Elektron Limited
22	POL	Pakistan Oilfields Limited
23	PPL	Pakistan Petroleum Limited
24	PSO	Pakistan State Oil Company Limited
25	SAZEW	Sazgar Engineering Works Limited
26	SEARL	The Searle Company Limited
27	SNGP	Sui Northern Gas Pipelines Limited
28	SSGC	Sui Southern Gas Company Limited
29	SYS	Systems Limited
30	UBL	United Bank Limited

Source: Pakistan Stock Exchange

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