KSE-100 climbs 0.85% to 169,392 as tech and cement lead gains
The KSE-100 closed at 169,392.32, up 1,421.67 points (0.85%). A handful of stocks jumped around 10%, while sector breadth remained broadly positive, especially in technology and cement.
KSE-100
169,392.32
Session move
+0.85%
What matters
- The KSE-100 rose 0.85% to 169,392.32, its first gain since the previous close of 167,971.
- Five stocks surged roughly 10%, led by FPJM at 22.72 and PIM at 61.12.
- Declines were limited to a few names, with PKGI down 10% and BUXL down 10%.
- Technology & Communication posted 13 up vs 6 down and cement 14 up vs 4 down, supporting the rally.
- Upcoming corporate actions include dividend payouts for IREIT, BWHL and AHL, and several AGMs later in September.
KSE-100 closed at 169,392.32, gaining 1,421.67 points (0.85%) after a modest pullback earlier in the week.
Five stocks surged about 10% each: FPJM rose to 22.72, PIM to 61.12, ADMM to 56.51, ZUMA to 24.41 and BCL to 72.59.
Losses were confined to a few names, notably PKGI falling to 44.16 (-10.01%) and BUXL to 676.02 (-10.00%). The most active shares were CNERGY (56.2 M shares) and MDTL (39.9 M shares).
Sector breadth was broadly positive: Technology & Communication posted 13 up vs 6 down, Cement 14 up vs 4 down, and Power Generation 13 up vs 2 down, indicating underlying strength.
Investors should note upcoming corporate actions, including dividend payouts for IREIT (0.85%), BWHL (100%) and AHL (125%), plus several AGMs scheduled through the end of September.
Read the morning brief for the same day: KSE-100 slides 1.5% to 167,970 as tech and cement stocks weigh
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