First Treet Manufacturing Modaraba (FTMM)
MODARABAS
18.18
0.10 (+0.55%)
Updated 20 hours ago
52-week range
Yes, FTMM is Shariah compliant. First Treet Manufacturing Modaraba is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 18.18 PKR, up +0.55% on the day, in the MODARABAS sector.
AI analysis
HoldRefreshed 4 days agoFTMM Maintains Uptrend Amid Moderate Volatility
First Treet Manufacturing Modaraba, a Shariah‑compliant modaraba, trades above its 50‑ and 200‑day averages and sits near the middle of its 52‑week range. The stock shows a solid uptrend while a recent month‑long pullback signals a potential consolidation.
Bull case
If the uptrend continues, rising volumes and a stable RSI near 50 could support further gains, especially with the upcoming ARM event potentially adding liquidity.
Bear case
A reversal of the current trend, heightened volatility, or macro‑economic pressures could push the price toward the lower end of its 52‑week range, limiting upside.
Today
| Open | 18.99 |
|---|---|
| Day high | 18.99 |
| Day low | 18.10 |
| Previous close | 18.08 |
| Volume | 7.6K |
| 30-day average volume | 48.3K |
Technicals
| RSI (14) | 47.9 |
|---|---|
| 20-day average | 18.53 |
| 50-day average | 18.27 |
| 200-day average | 16.76 |
| Support | 18.07 |
| Resistance | 18.30 |
| Daily volatility | 3.7% |
Trend: Downtrend
What these numbers meanPerformance
| 1 week | +1.70% |
|---|---|
| 1 month | +0.50% |
| 3 months | +11.30% |
| 1 year | -0.40% |
Upcoming
- ARM on 2026-10-27
Is FTMM Shariah compliant?
First Treet Manufacturing Modaraba 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.
Other MODARABAS stocks
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.