KSE-100 falls 0.8% to 168,022; shariah stocks rally, tech sector drags
The KSE-100 closed at 168,021.80, down 1,370.52 points (‑0.81%). Shariah‑compliant stocks led gains with five names up around 10%, while technology and communication stocks showed the broadest weakness.
KSE-100
168,021.80
Session move
-0.81%
What matters
- KSE-100 ended at 168,021.80, a 0.81% decline, extending a down‑trend from the prior session.
- Shariah‑compliant stocks dominated the top gainers, with FPRM, PASMNC, OML, ELCM and PIM each rising about 10%.
- The technology & communication sector posted the weakest breadth, 6 up versus 14 down, accounting for the largest turnover of 80.8 million PKR.
- Most active shares were WTLNC, CNERGY, MDTL, NBP and PRL, all trading heavy volumes but closing lower.
- Upcoming corporate actions include large bonus issues for INDU (470%) and ARPL (450%) with book closures later this month.
The KSE‑100 index closed at 168,021.80, slipping 1,370.52 points or 0.81% from the previous close, extending the market’s recent pull‑back.
Shariah‑compliant stocks powered the rally, with FPRM (+10.14%), PASMNC (+10.10%), OML (+10.01%), ELCM (+10.00%) and PIM (+10.00%) each gaining roughly ten percent. In contrast, the biggest decliners were SLYTWU (‑10.01%), AATM (‑9.99%), PKGI (‑9.53%), HAEL (‑9.33%) and STJT (‑9.03%).
Sector breadth was weak, led by Technology & Communication with only 6 advancers against 14 decliners and a turnover of 80,846,139 PKR. Other lagging sectors included Refinery (0/4) and Investment Banks (3/28). The most actively traded shares were WTLNC, CNERGY, MDTL, NBP and PRL, all posting modest declines despite high volumes.
Investors should note several corporate actions slated for later this month: INDU announces a 470% bonus, ARPL a 450% bonus, and BPL a 20% bonus, with book closures ranging from 22 Sept to 9 Oct. Upcoming AGMs and EOGMs across multiple firms may add further trading catalysts.
Market commentary highlighted a regulatory failure reported by Dawn and broader macro headlines on oil price moves and US‑Iran tensions, underscoring the external pressures on investor sentiment.
Read the morning brief for the same day: KSE-100 climbs 0.85% to 169,392 as Shariah stocks lead 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.