Karachi December 31 2021: Pakistan Stock Exchange Limited has carried out the Re-Composition exercise of MEEZAN PAKISTAN INDEX (MZNPI) Index as of December 20, 2021, as per the MZNPI Index Rules.
As a result Avanceon Limited (AVN) is included in the Index with weight of 3.5 percent in place of The Searle Company Limited (SEARL).
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The other constituents include :
- Engro Corporation Limited (ENGRO Weight 15 percent),
- Lucky Cement Limited (LUCK Weight 15 percent),
- Hub Power Company Limited (HUBC Weight HUBC 15 percent),
- Oil & Gas Development Company Ltd (OGDC Weight HUBC 12.33 percent),
- Pakistan Petroleum Limited (PPL Weight 12.22 percent),
- Pakistan State Oil Co Ltd (PSO Weight 8.64 percent) Maple Leaf Cement Factory Ltd (MLCF Weight 3.99 percent),
- D. G. Khan Cement Co. Ltd (DGKC Weight 3.83 percent),
- Unity Foods Limited (UNITY Weight 3.50 percent),
- Avanceon Limited (AVN Weight 3.50 percent),
- National Refinery Ltd (NRL Weight 3.50 percent)
- and Attock Refinery Limited (ATRL Weight 3.50 percent).