KSE-100 slides 0.7% to 167,442 as tech and finance stocks drag
The KSE-100 index closed at 167,441.90, down 1,138.50 points (‑0.68%). Shariah‑compliant small caps led gains, while technology and investment‑bank stocks weighed on the market.
KSE-100
167,441.90
Session move
-0.68%
What matters
- The index fell 0.68% to 167,441.90, extending a three‑day decline.
- Top gainers were UCAPM (+16.57%) and DWSM (+15.60%), both Shariah‑compliant.
- Heavy losers included DSIL and FPRM, each down about 10%.
- Technology & Communication saw 4 up versus 16 down, the broadest weakness across sectors.
- Corporate actions this week include book closures for CLOV, NCPL and several dividend announcements.
The KSE-100 closed at 167,441.90, slipping 1,138.50 points or 0.68% as broader market sentiment turned negative.
Gainers were led by UCAPM up 16.57% on volume of 1,509,088 and DWSM up 15.60% on 3,232,907 shares, both Shariah‑compliant. SPL, DAAG and SINDM each added roughly 10%.
Losers were dominated by DSIL (-10.02%) and FPRM (-10.00%), each trading over 3 million shares. ASTM, PIM and CLVL also fell around 10%.
Sector breadth showed weakness in Technology & Communication (4 up/16 down) and Investment Banks/Investment Companies/Securities (9 up/23 down), while Power Generation & Distribution posted a mixed 5 up/9 down.
Investors should note upcoming corporate actions, including 15% bonus for CLOV (book closure 9 Oct) and multiple dividend payouts slated through mid‑October, alongside several AGMs this week.
Read the morning brief for the same day: KSE-100 edges up 0.07% as oil‑gas marketers rally; LSEFSL jumps 21%
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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.