KSE-100 nudges up 0.98% to 170,512 as shariah stocks lead gains
The KSE-100 opened at 170,511.85, up 1,646.81 points (0.98%) from its Sep 10 close. Shariah‑compliant stocks dominated the top gainers, while WAVESAPPR fell sharply. Sector breadth was mixed, with refineries fully in the green but investment‑bank stocks under pressure.
KSE-100
170,511.85
Session move
+0.98%
What matters
- KSE-100 rose 0.98% to 170,511.85, its highest level since Sep 5.
- Shariah‑compliant FPJM, BPL and SASML each gained about 10%, leading the rally.
- WAVESAPPR dropped 22.7%, the day’s biggest loser by percentage and volume.
- Refinery stocks were 4‑up‑0‑down, while investment banks posted 14‑up‑16‑down.
- Upcoming corporate actions include dividend payouts for IREIT, AHL and BWHL this week.
KSE-100 index opened at 170,511.85, up 1,646.81 points (0.98%) from its last close on Sep 10, signalling modest bullish momentum.
The top gainers were all shariah‑compliant: FPJM (+10.02%), BPL (+10.01%) and SASML (+10.00%), each supported by solid volumes. ASTM and SLYTWU also posted near‑10% gains.
On the downside, WAVESAPPR plunged 22.73% with the highest volume of the session, followed by HUSI and PIM each down 10%.
Most active shares were CNERGY (+4.53%) and PRL (+5.81%), both shariah‑compliant, trading over 100 million shares each. Sector breadth showed refineries fully in the green (4 up, 0 down) while investment banks lagged (14 up, 16 down).
Investors should note upcoming corporate actions: dividend payouts for IREIT (0.85%), AHL (125%) and BWHL (100%) with book closures later this week, plus several AGMs and EOGMs throughout September.
Read the closing brief for the same day: KSE-100 slides 1.5% to 167,971 as technology and cement sectors weigh
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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.