KSE-100 climbs 0.6% as tech and oil‑gas stocks lead gains
The KSE‑100 closed at 169,043.19, up 1,021.39 points (0.61%). Gains were driven by strong performances in technology and oil‑gas marketing, while sharia‑compliant stocks led the decline.
KSE-100
169,043.19
Session move
+0.61%
What matters
- The KSE‑100 rose 0.61% to 169,043.19, rebounding after a dip earlier in the week.
- Technology & Communication posted the broadest positive breadth with 14 advances versus six declines.
- Top gainers were DSIL (+12.05%), FPRM (+10.04%) and OML (+10.01%), each trading over 4 million shares.
- Sharia‑compliant stocks dominated the losers, with FPJM down 10% and PIM down 9.8%.
- MDTL was the most active share, with 42.2 million shares traded, slipping 0.65%.
KSE‑100 closed at 169,043.19, up 1,021.39 points (0.61%) on Thursday, extending the market’s recent upward swing.
The technology and communication sector led the rally, posting 14 advancing stocks against six decliners, while oil & gas marketing added further upside with nine up and one down.
Among individual stocks, DSIL surged 12.05% to 9.30, FPRM rose 10.04% to 11.95, and OML climbed 10.01% to 83.33, each moving over 4 million shares. In contrast, sharia‑compliant names bore the brunt of the sell‑off: FPJM fell 10% to 22.49 and PIM dropped 9.8% to 60.64.
MDTL was the day’s most active security, trading 42,158,741 shares and edging down 0.65%. Other heavily traded symbols included CNERGY, NNAR, PRL and BOPXD, all posting modest gains.
Investors should note several corporate actions ahead, such as a 470% rights issue for INDU (book closure 22 Sept) and dividend announcements from BPL and PSX, while multiple AGMs are scheduled later this week.
Read the morning brief for the same day: KSE-100 slides 0.8% to 168,022 as tech and banks weigh, few stocks surge 10%
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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.