Attock Refinery joins MSCI Pakistan Index as country's weight slips to 4.98%

Attock Refinery Limited (ATRL) will join the MSCI Pakistan Index after trading closes on November 30, with the new composition taking effect on December 1, 2026, Profit by Pakistan Today reported. The addition brings the index’s Pakistani membership to 30, while the country’s share of the broader MSCI Frontier Markets Index fell from 5.2% in August to 4.98%.

Topline Securities said ATRL’s foreign-investor-adjusted free-float market value was $168 million at October’s end, above the $116 million minimum. Pakistan’s lower weighting was attributed mainly to faster growth in the combined market value of other Frontier Markets constituents; the KSE-100 also fell 5.5% between the two reviews. The minimum free-float and total market capitalisation thresholds remained at $116 million and $232 million, respectively.