KSE-100 slides 1% to 171,806 as tech stocks tumble, refinery leads gains
The KSE-100 index closed at 171,806.19, down 1,829.88 points or 1.05% on Tuesday. Shariah‑compliant stocks PIM and PSEL each jumped about 10%, while the technology sector was the weakest performer. The refinery sector was the sole bright spot, posting four advancers and no decliners.
KSE-100
171,806.19
Session move
-1.05%
What matters
- KSE-100 fell 1.05% to 171,806.19, marking a 1,829.88‑point decline.
- PIM and PSEL led the gainers with roughly 10% gains, and ASIC added 9.3%.
- CLCPS dropped 11.3% to become the biggest loser of the session.
- Technology & Communication saw 0 up versus 20 down, while Refinery posted 4 up and 0 down.
- MDTL traded over 94 million shares despite a 9.4% price drop, making it the most active stock.
The KSE-100 index ended the session at 171,806.19, down 1,829.88 points or 1.05% from the previous close.
Shariah‑compliant stocks PIM (up 10.01%) and PSEL (up 10.00%) led the gainers, with ASIC adding 9.32%. On the downside, CLCPS fell 11.30% to become the top loser.
Sector breadth was bleak: Technology & Communication recorded 0 advances and 20 declines, while the Refinery sector was the only clear winner with 4 advancers and no decliners.
Volume leaders included MDTL, which traded 94,833,559 shares despite a 9.40% price drop, and CNERGY, which saw 76,938,343 shares change hands and rose 1.31%.
Upcoming corporate actions feature dividend book closures for HALEON, UPFL, AICL and others, plus several EOGMs and AGMs scheduled through mid‑September.
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SmartSarmaya is an educational research tool, not a licensed financial adviser and not a source of religious rulings. Shariah status reflects membership of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. Always do your own research.