Meezan Pakistan Index Experiences Re-Composition: EFERT Joins, DGKC Exits

Meezan Pakistan Index Experiences Re-Composition: EFERT Joins, DGKC Exits

The Meezan Pakistan Index (MZNPI) has undergone a re-composition, as announced by the Pakistan Stock Exchange Limited on December 22, 2023, in adherence to the relevant index regulations.

In this re-composition, Engro Fertilizers Limited (PSX: EFERT) emerges as the new addition to the index, while D.G. Khan Cement Company Limited (PSX: DGKC) bids farewell as it exits the index.

Effective from Monday, January 08, 2023, these modifications bring a shift in the composition of MZNPI.

Furthermore, the official notice provides a detailed breakdown of the revised list of MZNPI constituents, including their respective weights within the index.