Karachi: The Pakistan Stock Exchange Limited has conducted a re-composition of the NIT Pakistan Gateway Index (NITPGI) as of September 30, 2026, according to a report dated October 20, 2026. This exercise, carried out in compliance with the relevant index rules, is set to take effect starting October 21, 2026.

As part of this re-composition, Bank AL Habib Limited and Systems Limited have been removed from the index. The updated list of constituent companies in the NITPGI now features a diverse range of sectors.

Fauji Fertilizer Company Limited leads the index with a weight of 17.04%, marking a significant presence in the index. United Bank Limited follows with a weight of 14.68%, and Meezan Bank Limited holds a weight of 9.94%. Other prominent companies include Engro Holdings Limited at 9.47% and Oil & Gas Development Company Limited at 8.13%.

According to information available from the Pakistan Stock Exchange (PSX), The Hub Power Company Limited, Lucky Cement Limited, and Habib Bank Limited have weights of 7.80%, 7.26%, and 7.15% respectively. The banking sector continues to play a prominent role in the index with MCB Bank Limited and Habib Bank Limited among the constituents.

Mari Energies Limited and Pakistan Petroleum Limited round off the list with weights of 6.05% and 6.04% respectively, reflecting the energy sector's influence within the index.

This re-composition of the NITPGI represents a strategic adjustment that aligns with the evolving market dynamics and the PSX's commitment to maintaining a representative index. The changes aim to reflect current market trends and ensure that the index remains a relevant benchmark for investors.