KSE-100 slips 0.2% to 167,089 as energy stocks tumble, shariah gainers lead
The KSE-100 index opened lower, down 352.63 points (‑0.21%) at 167,089.27, extending a three‑day decline. Shariah‑compliant stocks led the gains with UCAPM up 16.7%, while energy‑related stocks such as ASTM fell nearly 10%.
KSE-100
167,089.27
Session move
-0.21%
What matters
- KSE-100 fell to 167,089.27, down 0.21% from the previous close of 167,442.
- Shariah‑compliant UCAPM surged 16.72% to 6.98, the day’s top gainer.
- Energy stock ASTM dropped 9.99% to 66.20, the biggest loser.
- Most active trading was in CNERGY (27.3 m shares) and PRL (24.1 m shares).
- Investors should note upcoming dividend actions, notably a 14% cash dividend from SINDM on Oct 13.
The KSE-100 opened at 167,089.27, down 352.63 points (‑0.21%) from the prior close of 167,442, marking a third consecutive session of decline.
Shariah‑compliant names drove the upside: UCAPM jumped 16.72% to 6.98 on 1.72 m shares, while BFMOD, SPL, ARMG and FIL each added roughly 10%.
Energy‑related stocks led the downside, with ASTM plunging 9.99% to 66.20 on 1.39 m shares. Other notable losers were PGLC, ASHT, FPRM and PAKL.
Trading volume was led by CNERGY (27,276,548 shares, +1.05%) and PRL (24,123,072 shares, +2.14%). Sector breadth showed strength in Refinery (4‑0) and Power Generation (10‑5), while Technology & Communication lagged with more decliners (9‑11).
Corporate actions on the horizon include cash dividends from SINDM (14%), FIMM (100%) and several 10‑50% payouts through mid‑October, alongside multiple AGMs slated for the week.
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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.