PSX reconstitutes JS Global Banking Sector Index, adds NBP, FABL

By MG News | February 01, 2025 at 10:38 PM GMT+05:00

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February 01, 2025 (MLN): The Pakistan Stock Exchange Limited (PSX) has carried out the re-composition exercise of the JS Global Banking Sector Index (JSGBKTI) as of December 31, 2024, according to a notice issued by the local bourse.

Under the relevant index rules, the National Bank of Pakistan (PSX: NBP) and Faysal Bank Limited (FABL) have been added to the index.

The above changes in the JSGBKTI will be implemented from Monday, February 17, 2025.

In addition, the notice also listed the revised constituents of JSGBKTI along with their weights in the index as of December 31, 2024, as under:

JS Global Banking Sector Index (JSGBKTI)

S.No.	Symbol	Constituent Company	Weights
1	UBL	United Bank Limited	12.50%
2	HBL	Habib Bank Limited	12.50%
3	MEBL	Meezan Bank Limited	12.50%
4	MCB	MCB Bank Limited	12.50%
5	BAHL	Bank AL Habib Limited	12.50%
6	NBP	National Bank Pakistan	12.50%
7	FABL	Faysal Bank Limited	12.50%
8	BAFL	Bank Al-Falah Limited	12.50%

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