NBP replaces EFERT in UPP9 index

The Pakistan Stock Exchange has added National Bank of Pakistan (NBP) to the UBL Pakistan Enterprise Index, replacing Engro Fertilizers (EFERT). Mettis Global reported that the change followed an index review dated 30 October 2026 and took effect on 3 November.

NBP accounts for 4.65% of the revised index, the smallest allocation among its nine constituents. Fauji Fertilizer Company and United Bank each have a 16% weighting, followed by Meezan Bank at 13.63%; Engro Holdings has 13.21% and Hub Power 10.73%.

Other constituents include Lucky Cement at 9.82%, Habib Bank at 9.76% and Systems Limited at 6.20%. The exchange said the review was carried out under the index rules published on its website.