PSX INDEX · MZNPI
Meezan Pakistan Index
A co-branded PSX index sponsored by Meezan.
MZNPI · 23 Sep 2026
30,855.94
+252.32 (+0.82%) today
Day range 30,715 – 30,896
- 1-year change
- +5.54%
- Day high
- 30,896.11
- Day low
- 30,714.73
Equivest keeps a daily history for the KSE-100, KSE-30, KMI-30 and All-Share; this index shows the latest level and one-year change from PSX.
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 23 Sep 2026 the Meezan Pakistan Index holds 12 companies worth Rs 6.3T 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 PPL. On the last session 10 rose and 2 fell. The median constituent trades at 10.1× trailing earnings and yields 3.65%, and is −7.2% so far this year.
Where the value sits
- Oil & Gas Exploration Companies · 3 45%
- Commercial Banks · 1 16%
- Cement · 3 13%
- Fertilizer · 1 13%
- Inv. Banks / Inv. Cos. / Securities Cos. · 1 5%
- Power Generation & Distribution · 1 4%
- Oil & Gas Marketing Companies · 1 3%
- Refinery · 1 2%
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.
| 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 is not expensive and a small one is not cheap — that is what the multiples below are for. | P/E P/E ratio 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 looks cheaper, but only against something — the same company's history, its sector, or the market. A P/E on its own means 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 strong 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 | 319.53 | +0.35% | Rs 1.4T | 5.7× | 5.01% | +13.68% | +13.02% | Sideways |
| MEBL | Meezan Bank Limited | Commercial Banks | 555.51 | +0.92% | Rs 1T | 10.9× | 3.87% | +25.01% | +37.95% | Sideways |
| FFC | Fauji Fertilizer Company Limited | Fertilizer | 544.15 | +1.11% | Rs 783B | 10.1× | 7.53% | −7.88% | +21.61% | Leaning Down |
| MARI | Mari Energies Limited | Oil & Gas Exploration Companies | 650.23 | +0.72% | Rs 781B | 9.0× | 4.15% | −9.17% | −4.45% | Leaning Down |
| PPL | Pakistan Petroleum Limited | Oil & Gas Exploration Companies | 232.83 | +1.01% | Rs 634B | 6.4× | 3.65% | −1.15% | +21.15% | Sideways |
| LUCK | Lucky Cement Limited | Cement | 424.34 | +0.13% | Rs 622B | 13.3× | 1.18% | −10.66% | −10.90% | Leaning Down |
| ENGROH | Engro Holdings Limited | Inv. Banks / Inv. Cos. / Securities Cos. | 265.54 | +0.66% | Rs 320B | 50.9× | — | +11.91% | +12.07% | Sideways |
| HUBC | The Hub Power Company Limited | Power Generation & Distribution | 205.56 | +0.51% | Rs 267B | 10.9× | 12.16% | −7.15% | −2.08% | Leaning Down |
| PSO | Pakistan State Oil Company Limited | Oil & Gas Marketing Companies | 352.54 | +1.06% | Rs 166B | 3.8× | 2.84% | −25.65% | −22.97% | Leaning Down |
| ATRL | Attock Refinery Limited | Refinery | 1,173.72 | +4.52% | Rs 125B | 5.7× | 0.64% | +71.74% | +74.75% | Leaning Up |
| MLCF | Maple Leaf Cement Factory Limited | Cement | 96.07 | −0.12% | Rs 101B | 11.9× | — | −18.19% | −10.19% | Leaning Down |
| DGKC | D.G. Khan Cement Company Limited | Cement | 199.97 | −0.12% | Rs 87.6B | 7.7× | 1.00% | −13.02% | −20.90% | Leaning Down |
No matches.
Membership is the exchange's; prices, valuation and returns are Equivest's PSX data as of 23 Sep 2026. Trend is a description of the price series, not advice — how it is computed.
Quick answers
What is the Meezan Pakistan Index index level today?
The Meezan Pakistan Index closed at 30,855.94 on 23 Sep 2026, +252.32 points (+0.82%) on the session.
How has the Meezan Pakistan Index performed over one year?
PSX data puts the Meezan Pakistan Index's one-year change at +5.54% as of 23 Sep 2026.
Which companies are in the Meezan Pakistan Index?
12 companies as of 23 Sep 2026, the largest being OGDC, MEBL, FFC, MARI, PPL. 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 Equivest, 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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