Karachi: The Pakistan Stock Exchange Limited has announced a re-composition of the PSXDIV20 Index, which will be effective from December 1, 2025. This re-composition, conducted in accordance with index rules as of October 31, 2025, involves both the inclusion and exclusion of several companies, potentially impacting market dynamics in the coming months.
The re-composition sees Arif Habib Corporation Limited, BankIslami Pakistan Limited, Image Pakistan Limited, National Foods Limited, and Javedan Corporation Limited as new entrants into the index. These companies replace Adamjee Insurance Company Limited, Askari Bank Limited, Engro Holdings Limited, Ghandhara Tyre & Rubber Company Limited, and Kot Addu Power Company Limited, which have been removed from the PSXDIV20 Index.
According to information available from the Pakistan Stock Exchange (PSX), the updated list of constituents, along with their respective weights, provides an insight into the changing priorities and strategic directions within the market. Pakistan Oilfields Limited holds the highest weight at 7.55%, followed closely by Millat Tractors Limited at 7.18%. The newly included Arif Habib Corporation Limited is assigned a weight of 6.26%, while Image Pakistan Limited and National Foods Limited have weights of 4.85% and 4.42%, respectively.
This re-composition is expected to influence the designated market category significantly, given the strategic position of the companies involved. The inclusion of diverse sectors and the removal of certain players could indicate a shift in focus towards areas showing potential growth and stability. Market participants are likely to closely monitor the effects of these changes on trading patterns and index performance as the implementation date approaches.