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

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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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