NBP replaces EFERT in UPP9 index

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MG News | November 03, 2026 at 09:18 AM GMT+05:00

November 03, 2026 (MLN): The Pakistan Stock Exchange (PSX) has replaced Engro Fertilizers Limited with National Bank of Pakistan (NBP) in the UBL Pakistan Enterprise Index (UPP9) following a re-composition exercise carried out as of 30 October 2026.

The change will take effect from Tuesday, 3 November 2026.

In a notice, the exchange said the exercise was conducted in line with the relevant index rules available on its website.

It named NBP as the incoming company and Engro Fertilizers as the outgoing one.

After the re-composition, Fauji Fertilizer Company Limited (FFC) and United Bank Limited (UBL) carry the highest weights in the index at 16 % each.

Meezan Bank Limited follows with 13.63 %, then Engro Holdings Limited with 13.21 % and The Hub Power Company Limited with 10.73 %. NBP enters with a weight of 4.65 %, the lowest among the nine constituents.

The constituent companies and their weights as of 30 October 2026 are given below.

S.No.

Symbol

Constituent company

Weight (%)

1

FFC

Fauji Fertilizer Company Limited

16.00

2

UBL

United Bank Limited

16.00

3

MEBL

Meezan Bank Limited

13.63

4

ENGROH

Engro Holdings Limited

13.21

5

HUBC

The Hub Power Company Limited

10.73

6

LUCK

Lucky Cement Limited

9.82

7

HBL

Habib Bank Limited

9.76

8

SYS

Systems Limited

6.20

9

NBP

National Bank of Pakistan

4.65

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