Al Shaheer Corporation Limited (ASC)
FOOD & PERSONAL CARE PRODUCTS
7.95
-0.10 (-1.24%)
Updated 2 days ago
52-week range
Yes, ASC is Shariah compliant. Al Shaheer Corporation Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 7.95 PKR, down +1.24% on the day, in the FOOD & PERSONAL CARE PRODUCTS sector.
AI analysis
CautionRefreshed 2 days agoAl Shaheer faces sustained downside pressure amid weak trend and low momentum
Al Shaheer Corporation Limited, a key player in the food and personal care sector, remains Shariah compliant and is trading below both its 50‑ and 200‑day moving averages. Technical indicators suggest a persistent downtrend with modest volume and a relatively low RSI.
Bull case
A turnaround would require a shift in consumer demand, stronger export performance, or a favorable macro environment that lifts the broader market and lifts the company’s fundamentals.
Bear case
Persisting weak momentum, a price near the bottom of its 52‑week range, and macro uncertainty could keep the stock in a downtrend, limiting upside potential.
Today
| Open | 8.15 |
|---|---|
| Day high | 8.16 |
| Day low | 7.92 |
| Previous close | 8.05 |
| Volume | 280.2K |
| 30-day average volume | 834.9K |
Technicals
| RSI (14) | 35.1 |
|---|---|
| 20-day average | 8.27 |
| 50-day average | 9.89 |
| 200-day average | 11.03 |
| Support | 7.90 |
| Resistance | 8.00 |
| Daily volatility | 2.5% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | +0.60% |
|---|---|
| 1 month | -2.90% |
| 3 months | -39.00% |
| 1 year | -42.90% |
Is ASC Shariah compliant?
Al Shaheer Corporation Limited is a constituent of the KMI All Shares Islamic Index, the Shariah-screened index published by the Pakistan Stock Exchange. On that basis it passes the exchange's Shariah screen. Index membership is reviewed periodically, and this page reflects the latest published list.
This is a description of index membership, not a religious ruling. Consult a qualified scholar for guidance on your own circumstances. How the screen works.
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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.