KSE-100 edges up 0.15% to 171,402 as tech gains offset broader weakness
The KSE-100 closed at 171,402.08, up 248.92 points (0.15%). Gains in technology and communication stocks helped lift the index, while many sectors, especially investment banks and miscellaneous, posted net declines.
KSE-100
171,402.08
Session move
+0.15%
What matters
- The index rose 0.15% to 171,402, its highest close since September 21.
- Technology & Communication led with 13 up versus 7 down, contributing to the modest gain.
- Cement outperformed with 16 up and only one down, while investment banks saw 11 up against 19 down.
- Shariah‑compliant stocks dominated the movers, with ESBLNC, DFSM and QUICE each jumping about 10%.
- Heavy trading continued in TISL (133.2 m shares) and MDTL (72.7 m shares), the latter falling nearly 10%.
The KSE-100 closed at 171,402.08, up 248.92 points (0.15%) from the previous session.
Technology & Communication posted the strongest breadth with 13 stocks up and 7 down on a turnover of 154,325,071, while the Cement sector led gains with 16 up and only one down.
Shariah‑compliant stocks dominated the top gainers, with ESBLNC (+10.76%), DFSM (+10.02%) and QUICE (+10.01%) each rising about 10%. The biggest decliners were also Shariah‑compliant, led by BUXL (-10.00%) and ASTM (-10.00%).
Trading volume remained high; TISL led with 133,189,458 shares traded, followed by MDTL with 72,720,128 shares despite its near‑10% drop.
Investors should note several corporate actions, including a 470% forward split for INDU and a 20% bonus issue for BPL, both with book closures on September 22.
Read the morning brief for the same day: KSE-100 nudges up 0.16% as sharia‑compliant stocks lead gains
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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.