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

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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 TypeCompany
IncomingAir Link Communication Limited
National Refinery Limited
OutgoingBank AL Habib Limited
Pakistan Refinery Limited


Revised KSE-30 Index Constituents

(Effective March 16, 2026)

No.SymbolCompany
1AIRLINKAir Link Communication Limited
2ATRLAttock Refinery Limited
3BOPThe Bank of Punjab
4DGKCD.G. Khan Cement Company Limited
5EFERTEngro Fertilizers Limited
6ENGROHEngro Holdings Limited
7FCCLFauji Cement Company Limited
8FFCFauji Fertilizer Company Limited
9GALGhandhara Automobiles Limited
10GHNIGhandhara Industries Limited
11HBLHabib Bank Limited
12HUBCThe Hub Power Company Limited
13LUCKLucky Cement Limited
14MARIMari Energies Limited
15MCBMCB Bank Limited
16MEBLMeezan Bank Limited
17MLCFMaple Leaf Cement Factory Limited
18NBPNational Bank of Pakistan
19NRLNational Refinery Limited
20OGDCOil & Gas Development Company Limited
21PAELPak Elektron Limited
22POLPakistan Oilfields Limited
23PPLPakistan Petroleum Limited
24PSOPakistan State Oil Company Limited
25SAZEWSazgar Engineering Works Limited
26SEARLThe Searle Company Limited
27SNGPSui Northern Gas Pipelines Limited
28SSGCSui Southern Gas Company Limited
29SYSSystems Limited
30UBLUnited Bank Limited

Source: Pakistan Stock Exchange

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



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