KSE-100 slips 1.2% to 165,124 as energy and banking sectors weigh
The KSE-100 index opened lower, down 1,964.86 points (1.18%) at 165,124.41, extending a five‑day slide. Small‑cap gainers such as UCAPM (+14.33%) and ASTL (+10.02%) offered limited relief, while heavy losses in LSEFSLR (-45.66%) and broader weakness in investment banks and oil‑marketing firms drove the decline.
KSE-100
165,124.41
Session move
-1.18%
What matters
- KSE-100 fell 1.18% to 165,124.41, marking the fifth consecutive session of decline.
- Top gainers were UCAPM (+14.33%), ASTL (+10.02%), PIAHCLA (+10.02%), SLGL (+10.02%) and KOHP (+10.01%).
- Largest losers included LSEFSLR (-45.66%), LSEFSL (-10.34%), FTSM (-9.99%), SHCM (-9.98%) and AKDHL (-9.68%).
- Investment banks, technology, commercial banks and oil‑gas marketing stocks were overwhelmingly down, with 8‑4 up/down ratios in the first three sectors combined.
- Upcoming dividend/finalization actions span ten companies, with book closures from Oct 13‑19, and several AGMs scheduled for the week.
The KSE-100 opened at 165,124.41, down 1,964.86 points (1.18%) and extending a five‑day losing streak that began on Oct 5 when the index closed at 165,867.
Small‑cap leaders provided the only bright spots: UCAPM surged 14.33% to 7.98, ASTL rose 10.02% to 18.22, and PIAHCLA, SLGL and KOHP each added around 10%.
Conversely, LSEFSLR plunged 45.66% to 1.19, while LSEFSL, FTSM, SHCM and AKDHL each slipped roughly 10%.
Sector breadth was decidedly negative. Investment banks, investment companies and securities firms posted 8 up versus 26 down; technology & communication was 4 up versus 17 down; commercial banks were 3 up versus 16 down; and oil & gas marketing companies were all down (0 up, 10 down).
Investors should note a slate of corporate actions this week, including dividend/finalization events for SINDM, FIMM, HAFL, SURC, SEARL, NPL, BIFO, BERG, SYM and GIL, plus AGMs for GAL, GHNI, CHCC, NRSL, ILP, NICL, GOC, SLCL and GWLC.
Read the closing brief for the same day: KSE-100 slips 0.2% to 164,776 as energy stocks tumble, shariah gainers lead
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