Bank AL Habib, Systems removed from NIT Pakistan Gateway Index
MG News | October 21, 2026 at 10:51 AM GMT+05:00
October 21, 2026 (MLN): Bank AL Habib Limited and Systems Limited have been removed from the NIT Pakistan Gateway Index (NITPGI) following its re-composition, leaving 11 constituent companies.
The Pakistan Stock Exchange (PSX) carried out the exercise
as of September 30, 2026, in line with the index rules. The changes take effect
from October 21, 2026, according to PSX notice.
Fauji Fertilizer Company Limited (FFC) carries the highest
weight in the revised index at 17.04%, followed by United Bank Limited (UBL) at
14.68% and Meezan Bank Limited (MEBL) at 9.94%.
The remaining constituents are Engro Holdings Limited
(ENGROH), Oil & Gas Development Company Limited (OGDC), The Hub Power
Company Limited (HUBC), Lucky Cement Limited (LUCK), Habib Bank Limited (HBL),
MCB Bank Limited (MCB), Mari Energies Limited (MARI) and Pakistan Petroleum
Limited (PPL).
|
S.No. |
Symbol |
Constituent Company |
Weight |
|
1 |
FFC |
Fauji Fertilizer Company
Limited |
17.04% |
|
2 |
UBL |
United Bank Limited |
14.68% |
|
3 |
MEBL |
Meezan Bank Limited |
9.94% |
|
4 |
ENGROH |
Engro Holdings Limited |
9.47% |
|
5 |
OGDC |
Oil & Gas
Development Company Limited |
8.13% |
|
6 |
HUBC |
The Hub Power Company
Limited |
7.80% |
|
7 |
LUCK |
Lucky Cement Limited |
7.26% |
|
8 |
HBL |
Habib Bank Limited |
7.15% |
|
9 |
MCB |
MCB Bank Limited |
6.44% |
|
10 |
MARI |
Mari Energies Limited |
6.05% |
|
11 |
PPL |
Pakistan Petroleum
Limited |
6.04% |
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