KSE-100 slides 1.8% to 168,865 as tech, banks and commodities weigh
The KSE-100 index closed at 168,865.04, down 3,078.55 points or 1.79%, reversing recent gains. Gains were confined to a few Shariah‑compliant stocks, while most sectors posted broad declines.
KSE-100
168,865.04
Session move
-1.79%
What matters
- KSE-100 fell 1.79% to 168,865.04, its biggest drop since September 4.
- Top gainers were CHBL (+10.08%), PIM (+10.01%), SHCM (+10.01%), ELCM (+10.00%) and SLYTWU (+10.00%).
- WAVESAPPR plunged 29.03% and four other stocks fell about 10% each, driving the sell‑off.
- Technology & communication saw 0 up vs 20 down and commercial banks 0 up vs 19 down, indicating sector‑wide weakness.
- CNERGY was the most active share, down 5.28% on 99.4 million shares traded; TISL rose 6.80% on 40.9 million shares.
KSE-100 closed at 168,865.04, down 3,078.55 points or 1.79%, ending a three‑day rally that had pushed the index above 175,000 earlier in the week.
Gains were limited to a handful of Shariah‑compliant stocks. CHBL led the rally with a 10.08% rise to 10.92, followed closely by PIM (68.49, +10.01%) and SHCM (60.58, +10.01%). ELCM and SLYTWU also posted 10% jumps.
The downside was broader. WAVESAPPR tumbled 29.03% to 0.22, while OBOY, ASTM, MACFL and BUXL each slipped around 10%.
Sector breadth underscored the weakness: Technology & Communication recorded 0 up vs 20 down (turnover 78,132,340), Commercial Banks 0 up vs 19 down (turnover 32,070,570), and Refinery 0 up vs 4 down (turnover 131,832,221). Power Generation & Distribution and Cement also posted heavy imbalances.
Trading volume was dominated by CNERGY, down 5.28% on 99,405,516 shares, and TISL, up 6.80% on 40,989,352 shares. Upcoming corporate actions include dividend and rights issues for BOP, IREIT, BWHL, AHL, INDU and several others, with book closures from September 11 to October 3.
Read the morning brief for the same day: KSE-100 slips 0.4% to 171,944 as tech lags, CLCPS leads gainers
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