KSE-100 nudges up 0.4% as PASL spikes 20% and oil stocks tumble
The KSE-100 index opened at 165,417.50, up 641 points (0.39%) in pre‑market trade. Small‑cap PASL led gains with a 20.24% jump, while oil‑related SINDM and SHCM each fell 10%. Sector breadth showed strength in investment banks and refineries but weakness in technology and power.
KSE-100
165,417.50
Session move
+0.39%
What matters
- KSE-100 rose 0.39% to 165,417.50, marking a modest rebound from the previous close of 164,776.
- PASL surged 20.24% on heavy volume of 36.3 million shares, making it the top gainer.
- Oil‑linked stocks SINDM and SHCM each dropped 10%, reflecting pressure on the sector.
- Investment banks led sector advances with 20 up versus 10 down, while technology lagged with more decliners.
- Upcoming corporate actions include dividend payouts for HAFL, SURC and others, and several AGMs this week.
KSE-100 opened at 165,417.50, up 641 points (0.39%) from the prior close of 164,776, extending a modest upside after a recent pullback.
Among the most active stocks, PASL jumped 20.24% on a volume of 36,304,418 shares, leading the gainers list. UCAPM and DSIL also posted double‑digit gains, while Shariah‑compliant MSCL and JSCL each rose around 10%.
Conversely, oil‑related names SINDM and SHCM each slipped 10%, and KOIL fell 7.82%, underscoring sector weakness. The sector breadth snapshot showed investment banks and investment companies posting 20 up vs 10 down, refineries all up, but technology & communication lagging with 8 up vs 10 down.
Corporate calendars are busy: dividend payouts are scheduled for HAFL, SURC, SEARL and others this week, while AGMs are slated for SLCL, GWLC, BPL and OGDC between October 15‑16. Market commentary highlights the prime minister’s push for export‑driven growth and structural reforms, alongside global oil price movements.
Overall, the market opens modestly higher, driven by small‑cap momentum and a mixed sector landscape, with upcoming corporate events likely to add trading focus.
Read the closing brief for the same day: KSE-100 nudges up 0.46% to 166,186 as energy stocks rally, LSEFSLR dives
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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.