KSE-100 slips 0.2% as energy stocks tumble, while DSIL and FCIBL surge
The KSE-100 index opened at 171,847.86, down 384.65 points or 0.22% from yesterday’s close of 172,233. Energy‑related losers dragged the market, but small‑cap stocks DSIL and FCIBL posted double‑digit gains, highlighting a divergent early session.
KSE-100
171,847.86
Session move
-0.22%
What matters
- KSE-100 is trading 0.22% lower at 171,847.86 in pre‑market.
- DSIL (+10.44%) and FCIBL (+10.00%) led gains, while PKGI (-10.01%) and FPJM (-9.99%) led losses.
- Power Generation & Distribution showed the weakest breadth with 2 up versus 10 down.
- Transport sector was the strongest with 5 up and only 1 down.
- Several rights issues and AGMs are slated this week, including a 450% rights issue for ARPL.
The KSE-100 index opened at 171,847.86, down 384.65 points or 0.22% from the previous close of 172,233.
Top gainers were DSIL up 10.44% to 10.58 (5.5 M shares) and FCIBL up 10.00% to 37.17 (41,246 shares). Other notable risers included FILNC (+9.90%) and OML (+6.84%). Leading losers were PKGI down 10.01% to 37.13 (83,614 shares) and FPJM down 9.99% to 29.63 (253,221 shares).
Sector breadth was mixed. Transport led with 5 up vs 1 down, while Power Generation & Distribution lagged at 2 up vs 10 down. Technology & Communication posted 7 up against 13 down, and Investment Banks showed a slight edge with 14 up versus 12 down.
Corporate actions this week include a 450% rights issue for ARPL (book closure today), and rights issues for TCORPCPS, JVDC, JKSM and others closing at the end of September. AGMs are scheduled for several firms, notably COLG today and MARI, LUCK, AHL on September 25.
Market sentiment is shaped by a mix of headlines: a regulatory failure reported by Dawn, the appointment of Imran Sarwar as NBP President/CEO, and a $23 billion foreign investment inflow over the past decade. While geopolitical tension in the US‑Iran corridor has rattled global markets, domestic reforms continue to drive growth, as noted in Gulf News.
Read the closing brief for the same day: KSE-100 slides 0.7% to 171,036 as energy stocks tumble, small‑cap rally leads gains
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