Pakistan Stock Exchange (PSX) has completed the re-composition exercise of its Banking Sector Tradable Index and Oil & Gas Sector Tradable Index for the review period from January 1, 2026, to June 30, 2026, with no changes made to the existing constituents of either index. The exchange confirmed that the current companies included in both sector-based tradable indices will remain unchanged following the completion of the scheduled review process.
The re-composition exercise was conducted according to the selection criteria and methodology defined in the PSX brochure for the two indices. These sector indices are designed to represent the performance of major listed companies within their respective sectors while capturing a minimum of 80% of the free-float market capitalisation of each sector. The methodology does not specify any minimum requirement for the number of companies that can be included in the indices.
The Banking Sector Tradable Index will continue to include eight major banking institutions listed on PSX. The constituents include United Bank Limited (UBL), Habib Bank Limited (HBL), Meezan Bank Limited (MEBL), MCB Bank Limited (MCB), Bank AL Habib Limited (BAHL), National Bank of Pakistan (NBP), The Bank of Punjab (BOP), and Bank Alfalah Limited (BAFL). These institutions represent a significant portion of Pakistan’s listed banking sector and continue to contribute to the overall performance measurement of the industry through the tradable index.
The Oil & Gas Sector Tradable Index will also maintain its existing three companies following the review. The index constituents include Oil & Gas Development Company Limited (OGDC), Pakistan Petroleum Limited (PPL), and Mari Petroleum Company Limited (MARI). These companies represent some of the largest listed entities operating in Pakistan’s exploration and production segment and remain key components of the country’s energy sector market representation.
PSX conducts periodic reviews of its indices to ensure that the composition remains aligned with established selection criteria and reflects market developments. The review process considers factors such as free-float market capitalisation and sector representation to maintain the relevance and effectiveness of the indices for investors and market participants.
The continuation of existing constituents indicates that the listed companies currently meet the required criteria for inclusion in their respective sector indices. The unchanged composition provides consistency for investors tracking the performance of Pakistan’s banking and oil & gas sectors through PSX tradable index products.
The information regarding the completion of the re-composition exercise was formally disseminated by Pakistan Stock Exchange through an official notification issued to the exchange. The maintained index structure will remain applicable for the upcoming review period unless changes are required during future scheduled evaluations.
Follow the PakBanker Whatsapp Channel for updates across Pakistan’s banking ecosystem.