Karachi: The Pakistan Stock Exchange Limited has unveiled a re-composition of its PSXDIV20 Index, effective from June 1, 2026. This adjustment, based on the index rules available on the official PSX website, was carried out as of April 30, 2026, and involves significant changes in its constituent companies.
In the latest update, National Bank of Pakistan, Kot Addu Power Company Limited, Crescent Steel & Allied Products Limited, International Steels Limited, Habib Metropolitan Bank Limited, and Attock Petroleum Limited have been added to the index. These companies replace outgoing constituents BankIslami Pakistan Limited, Fatima Fertilizer Company Limited, Image Pakistan Limited, Javedan Corporation Limited, Meezan Bank Limited, and Oil & Gas Development Company Limited.
According to information available from the Pakistan Stock Exchange (PSX), the PSXDIV20 Index’s re-composition reflects the dynamic shifts in the market landscape, with National Bank of Pakistan commanding a weightage of 11.41%, making it the most significant new entrant. The inclusion of these companies is expected to influence the index’s performance, holding substantial weightages such as Kot Addu Power Company Limited at 8.39% and Crescent Steel & Allied Products Limited at 5.00%.
The reshuffle within the PSXDIV20 Index marks a very large or significant move in its constituent lineup, indicating a strategic recalibration aimed at aligning the index with the prevailing market conditions. As per the designated market category, this move is set to provide a refreshed perspective on the performance metrics of the constituent companies, reflecting their current market standings and contributions.
The final list of the PSXDIV20 Index as of April 30, 2026, includes a diverse array of companies with varying weightages, from Pakistan Oilfields Limited at 6.68% to Attock Petroleum Limited at 3.22%, showcasing the breadth and depth of the index’s composition.