KSE-100 edges up 0.5% as sharia stocks surge 10% and dividend book closures loom
The KSE-100 closed at 165,930.98, up 779 points or 0.47%, after a modest rally. Sharia‑compliant stocks such as DEL and GRYL jumped roughly 10%, while dividend book closures were announced for a dozen companies.
KSE-100
165,930.98
Session move
+0.47%
What matters
- The KSE-100 edged higher by 0.47% to 165,930.98 points.
- Sharia‑compliant stocks DEL and GRYL each rose about 10%, leading the market’s gains.
- MACFL led the losers with a 10% drop, while PRL traded over 49 million shares despite a 1.54% decline.
- Commercial banks and cement posted the most advances, whereas refinery and transport lagged.
- Dividend book closures were announced for several firms, indicating upcoming payouts.
The KSE-100 index closed at 165,930.98, up 779.34 points or 0.47% from the previous day.
Sharia‑compliant stocks drove the upside: DEL rose 10.03% on 667,479 shares, GRYL up 10.02% on 147,725 shares, and other sharia names such as FCIBL, PIM and SZTM each added roughly 10%.
On the downside, MACFL fell 10.00% on a massive 7,428,959‑share volume, while CFL and SINDM each slipped about 10%.
Trading activity was dominated by PRL, which changed hands for 49,411,748 shares and slipped 1.54%; CNERGY posted a 0.89% gain on 40,074,313 shares, and TPLT surged 9.17% on 14,975,519 shares.
Sector breadth was mixed: commercial banks (15 up/4 down) and cement (13 up/5 down) led advances, while refinery (1 up/3 down) and transport (1 up/5 down) lagged. Dividend book closures were announced today for firms including HUMNL, AHTM, KOHTM and others, signaling upcoming payouts.
Read the morning brief for the same day: KSE-100 slides 0.5% as energy stocks tumble, few gainers lead modest rally
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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.