KSE-100 slides 0.5% as energy stocks rally, tech and power lag
The KSE-100 index closed at 165,151.64, down 814.44 points or 0.49% on Tuesday. Energy‑related shares posted double‑digit gains while most sectors, especially technology and power, posted losses.
KSE-100
165,151.64
Session move
-0.49%
What matters
- KSE-100 fell 0.49% to 165,151.64, marking a modest decline after three consecutive up days.
- Energy stocks led the rally: PASL +19.85%, PASM +11.15%, UCAPM +10.02%, POWERPS and FTMM each around +10%.
- The market breadth was negative across most sectors, with technology & communication 8 up/13 down and power generation 1 up/13 down.
- Most active shares were CNERGY, PRL and KEL, all trading lower, while TPL rose 9.98% on heavy volume.
- Several companies announced dividend or rights‑issue actions and a wave of AGMs scheduled for Oct 20‑21.
The KSE-100 index ended the session at 165,151.64, down 814.44 points or 0.49% from the previous close of 165,966.
Energy‑related equities powered the upside. PASL surged 19.85% to 3.14 on 20,076,699 shares, PASM rose 11.15% to 9.97, UCAPM gained 10.02% to 14.60, while POWERPS and FTMM each added roughly 10%.
Sector breadth was broadly negative. Technology & Communication logged 8 advances versus 13 declines, Power Generation & Distribution 1 up versus 13 down, and Textile Spinning 10 up versus 30 down, reflecting weak momentum in most areas.
Among the most active stocks, CNERGY fell 3.65% on 46,545,464 shares, PRL dropped 6.77% on 42,705,014 shares, KEL slipped 4.82% on 26,387,003 shares, while TPL rose 9.98% on 22,726,556 shares.
Corporate actions dominate the agenda: EPQL, MSOTPS, DIIL, SMCPL, MSOT and STYLERS all have dividend or rights‑issue events with book closures on Oct 20, and a series of AGMs are slated for Oct 20‑21.
Read the morning brief for the same day: KSE-100 slips 0.27% as Shariah stocks lead gains, tech lags
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