KSE-100 nudges up 0.16% as sharia‑compliant stocks lead gains
The KSE‑100 opened at 171,153.16, up 268.58 points (0.16%). Sharia‑compliant names TISL, FNEL and MDTL powered the market, while FECM and OML were the main drags. Sector breadth was mixed, with investment banks and refiners showing net advances.
KSE-100
171,153.16
Session move
+0.16%
What matters
- KSE‑100 rose 0.16% to 171,153.16, marking a modest gain after recent volatility.
- TISL surged 22.85% to PKR 5.00, the most active share with over 119 m shares traded, followed by FNEL (+14.55%) and MDTL (+11.63%).
- Losses were led by FECM (-8.41%) and OML (-7.68%), both sharia‑compliant.
- Investment banks/companies posted 18 advances vs 12 declines, while refiners and transport were all up.
- Corporate actions this week include a 470% rights issue for INDU and a 20% bonus for BPL.
KSE‑100 outlook: The index opened at 171,153.16, up 268.58 points (0.16%). The modest rise follows a series of mixed close levels over the past week.
Top movers: Sharia‑compliant TISL led gains, jumping 22.85% to PKR 5.00 on 119.6 m shares. FNEL (+14.55%) and MDTL (+11.63%) also posted strong advances. On the downside, FECM fell 8.41% and OML slipped 7.68%, dragging the broader market.
Sector breadth: Investment banks and investment companies recorded 18 advances versus 12 declines. Technology & communication lagged with more downs than ups (9 up/11 down). Refinery and transport sectors were fully in the green, posting 4‑0 and 5‑0 advances respectively.
Upcoming corporate actions:
- INDU – 470% rights issue (book closure 22 Sep)
- BPL – 20% bonus (book closure 22 Sep)
- ARPL – 450% interim issue (book closure 24 Sep)
- JKSM – 20% rights issue (book closure 30 Sep)
Headline backdrop: Recent headlines note regulatory challenges, a strong FY26 finish for Pakistan stocks, and growing capital‑market activity through IPOs. Global oil inventory trends and tech‑stock rallies are also influencing sentiment.
Read the closing brief for the same day: KSE-100 edges up 0.15% to 171,402 as tech gains offset broader weakness
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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.