Skip to content
SmartSarmaya
All briefs
Morning briefWritten by AI · Editor Qasim Riaz

KSE-100 slides 1% as tech drags, refinery sector leads gains

The KSE-100 index opened at 171,806.19, down 1,829.88 points or 1.05% from yesterday’s close. Weakness in technology stocks weighed on the market while the refinery sector posted the only broad‑based gains.

KSE-100

171,806.19

Session move

-1.05%

What matters

  • KSE-100 fell 1.05% to 171,806.19, extending a downtrend from the previous close of 173,636.
  • Technology & Communication saw 0 up versus 20 down stocks, whereas Refinery posted 4 up and no down stocks.
  • Top gainers were PIM (+10.01%), PSEL (+10.00%) and ASIC (+9.32%) with modest volumes; top losers included CLCPS (-11.30%) and SLYTWU (-10.00%) on heavy trading.
  • Most active shares were MDTL (down 9.40%) with 94,833,559 shares traded and CNERGY (up 1.31%) with 76,938,343 shares.
  • Upcoming corporate actions this week include dividend book closures for HALEON, UPFL, AICL and several rights issues and AGMs.

KSE-100 opened at 171,806.19, down 1,829.88 points or 1.05% from the previous close of 173,636, marking a continuation of recent weakness.

Among the day’s biggest movers, PIM rose 10.01% to 56.60 on 40,278 shares, PSEL gained 10.00% to 980.23 on 15,411 shares, and ASIC jumped 9.32% to 39.99 with a volume of 36. On the downside, CLCPS fell 11.30% to 3.06 on 126,209 shares and SLYTWU

Sector breadth was dominated by weakness in Technology & Communication (0 up / 20 down, turnover 128,212,819) while the Refinery sector posted a clean sweep of 4 up stocks (turnover 110,500,619). Investment banks and securities firms lagged with 6 up versus 27 down.

Most active stocks included MDTL, down 9.40% to 6.94, trading 94,833,559 shares, and CNERGY, up 1.31% to 13.19, with 76,938,343 shares changing hands. PRL added 1.70% to 90.35 on 31,367,236 shares.

Corporate actions this week feature dividend book closures for HALEON (100%), UPFL (350%), AICL (30%) and DLL (30%), plus rights issues for LUCK, BWHL, AHL, MARI, INDU and upcoming AGMs for PIOC, PPL and others.

Read the closing brief for the same day: KSE-100 slides 1% to 171,806 as tech stocks tumble, refinery leads gains

New to the brief? How to read it in three minutes.

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.