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PSX INDEX · MZNPI

Meezan Pakistan Index

A co-branded PSX index sponsored by Meezan.

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MZNPI · 11 Nov 2026

32,105.99

−129.24 (−0.40%) today

Day range 32,042 – 32,481

1 day

−0.4%

1 week

+3.8%

1 month

+7.6%

3 months

+1.9%

6 months

+8.7%

Year to date

+4.8%

1 year

+16.2%

3 years

+162.3%

Since 2020

+237.7%

History held: 1,512 daily closes since 5 Oct 2020. Periods longer than the series are left blank.

Meezan Pakistan Index · last 12 months +16.15% · between the two closes drawn, 11 Nov 2025 to 11 Nov 2026 · 249 sessions
11 Nov H 33,737.73 · 23 Jan L 26,079.36 · 9 Mar 11 Nov
Meezan Pakistan Index · since 2020 +237.71% · between the two closes drawn, 5 Oct 2020 to 11 Nov 2026 · 1512 sessions
5 Oct H 33,737.73 · 23 Jan L 8,154.80 · 17 Jan 11 Nov
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All-time high (close)
33,738
23 Jan 2026
From the high
−4.8%
52-week range
26,079 – 33,738
1-year volatility
29.5%
annualised
Worst drawdown · 1Y
−22.7%
23 Jan 2026 → 9 Mar 2026
Sessions in series
1,512
5 Oct 2020 → 11 Nov 2026
Calendar-year returns
−6.7% 2021 −8.4% 2022 +53% 2023 +75% 2024 +29% 2025 +4.8% 2026 YTD
  • 2021: −6.65%
  • 2022: −8.41%
  • 2023: +53.36%
  • 2024: +75.42%
  • 2025: +29.00%
  • 2026 YTD: +4.76%
Last 12 months
+5.1% Dec +5.5% Jan −9.7% Feb −9.0% Mar +8.3% Apr +7.2% May +2.9% Jun −3.3% Jul +2.3% Aug −3.1% Sep −2.0% Oct +7.6% Nov
  • Dec: +5.05%
  • Jan: +5.52%
  • Feb: −9.71%
  • Mar: −9.05%
  • Apr: +8.33%
  • May: +7.24%
  • Jun: +2.94%
  • Jul: −3.29%
  • Aug: +2.35%
  • Sep: −3.10%
  • Oct: −2.01%
  • Nov: +7.56%

What the Meezan Pakistan Index is

A sponsored index: the exchange calculates and publishes it, a market participant lends its name and its selection criteria. Sponsored indices exist so that a fund can be benchmarked against a basket built to its own mandate rather than against the whole market.

For a retail investor the practical use is comparison. If a fund tracks this index, the index level is the yardstick its performance should be read against.

The Pakistan Stock Exchange calculates and publishes it; the exchange’s index methodology documents are the authority on eligibility, weighting and recomposition, and they change from time to time.

As of 11 Nov 2026 the Meezan Pakistan Index holds 12 companies worth Rs 6.4T between them, and 73% of that value sits in oil & gas exploration companies, commercial banks and cement. The largest members by market value are OGDC, MEBL, FFC, MARI and LUCK. On the last session 2 rose and 10 fell. The median constituent trades at 10.3× trailing earnings and yields 3.99%, and is −4.3% so far this year.

Meezan Pakistan Index constituents

All 12 companies the exchange lists in this index, largest first, with the valuation and returns from our own PSX data. Tap a column to sort.

Meezan Pakistan Index constituents
Symbol Company Sector Price Chg % Mkt cap

Market cap

What the whole company costs at today's price.

How it's worked out

Share price multiplied by every share in issue.

How to read it

It is the company's size, not its value. A big number does not mean the price is high against earnings, and a small one does not mean it is low — that is what the ratios below are for.

P/E

Price per rupee earned

Rupees you pay for each rupee the company earned last year.

How it's worked out

Share price divided by earnings per share over the last twelve reported months.

How to read it

Lower only means something against something — the same company's history, its sector, or the market. On its own this ratio says very little, and it is blank when a company lost money.

Yield

Dividend yield

Cash paid out over the last year as a percentage of today's price.

How it's worked out

Dividends per share over twelve months divided by the share price.

How to read it

A very high yield is often a warning, not a gift: it usually means the price fell. Check the payout ratio next to see whether earnings actually cover it.

YTD

Year-to-date return

How the share price has moved since 1 January, before dividends.

How it's worked out

Today's price against the last close of the previous year, as a percentage.

How to read it

It is a PRICE return, so a company that paid a large dividend looks worse here than a holder actually did. The calendar start is arbitrary — a stock that fell in December and recovered in January looks good for reasons that have nothing to do with the business.

1Y

One-year return

How the share price has moved over the last twelve months, before dividends.

How it's worked out

Today's price against the close twelve months ago, adjusted for bonus issues and splits, as a percentage.

How to read it

Price only. For what a holder actually made, including dividends, see total return — on a high-yield PSX name the two differ by most of the yield.

Trend
OGDC Oil & Gas Development Company Limited Oil & Gas Exploration Companies 316.09 −0.29% Rs 1.4T 5.2× 5.85% +12.45% +29.97% Leaning Up
MEBL Meezan Bank Limited Commercial Banks 563.92 −1.20% Rs 1T 10.6× 3.99% +26.90% +34.22% Leaning Up
FFC Fauji Fertilizer Company Limited Fertilizer 574.04 −0.14% Rs 826B 10.3× 8.71% −2.82% +16.00% Leaning Up
MARI Mari Energies Limited Oil & Gas Exploration Companies 663.86 −0.31% Rs 797B 8.6× 4.07% −7.27% −3.06% Sideways
LUCK Lucky Cement Limited Cement 445.06 −1.34% Rs 652B 13.3× 1.12% −6.30% +3.35% Leaning Up
PPL Pakistan Petroleum Limited Oil & Gas Exploration Companies 225.35 −0.24% Rs 613B 5.9× 5.33% −4.33% +22.70% Leaning Down
ENGROH Engro Holdings Limited Inv. Banks / Inv. Cos. / Securities Cos. 278.02 −0.31% Rs 335B 35.5× — +17.17% +26.81% Sideways
HUBC The Hub Power Company Limited Power Generation & Distribution 208.98 −0.44% Rs 271B 11.0× 9.57% −5.60% −0.36% Sideways
PSO Pakistan State Oil Company Limited Oil & Gas Marketing Companies 374.68 +3.70% Rs 176B 5.6× 2.67% −20.98% −12.81% Sideways
MLCF Maple Leaf Cement Factory Limited Cement 105.27 −1.86% Rs 110B 13.8× — −10.36% +16.47% Sideways
ATRL Attock Refinery Limited Refinery 959.23 +1.07% Rs 102B 2.6× 1.82% +40.36% +42.14% Leaning Down
DGKC D.G. Khan Cement Company Limited Cement 210.08 −1.61% Rs 92B 7.9× 0.48% −8.63% −0.90% Leaning Up

Membership is the exchange's; prices, valuation and returns are SuperX's PSX data as of 11 Nov 2026. Trend is a description of the price series, not advice — how it is computed.

Every other PSX index

Levels and one-day moves from the same session. The KSE-100 has its own hub.

Every PSX index, side by side → · KSE-100 hub → · All PSX indices and movers →

Quick answers

What is the Meezan Pakistan Index index level today?

The Meezan Pakistan Index closed at 32,105.99 on 11 Nov 2026, −129.24 points (−0.40%) on the session.

How has the Meezan Pakistan Index performed this year?

Year to date the Meezan Pakistan Index is +4.76%; over one year +16.15%; since 2020 +237.71%. Its highest close in the series is 33,738 on 23 Jan 2026.

Which companies are in the Meezan Pakistan Index?

12 companies as of 11 Nov 2026, the largest being OGDC, MEBL, FFC, MARI, LUCK. 73% of the index value sits in oil & gas exploration companies, commercial banks, cement. The full list, with each company price, valuation and returns, is on this page.

See also: KSE-100 · every PSX index.

Data from PSX via SuperX, delayed and provided for information only — not investment advice. Figures may contain errors; verify with your broker before acting. As of .

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