First Tri-Star Modaraba (FTSM)
MODARABAS
34.65
-3.85 (-10.00%)
Updated 2 days ago
52-week range
Yes, FTSM is Shariah compliant. First Tri-Star Modaraba is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 34.65 PKR, down +10.00% on the day, in the MODARABAS sector.
AI analysis
WatchRefreshed 2 days agoFTSM trades in a downtrend, near mid‑range of its 52‑week band
First Tri‑Star Modaraba, a Shariah‑compliant modaraba, is trading below its 50‑day moving average yet remains above the 200‑day average, indicating short‑term weakness against a longer‑term support level. The share has delivered a strong yearly gain but has recently slipped about 7% over the past month.
Bull case
A sustained rally in Pakistan’s export‑driven economy, coupled with a shift of the price above the 50‑day average and a rising RSI, would support a reversal and further upside. Strong trading volume and a move into the upper half of the 52‑week range would reinforce confidence.
Bear case
Persisting downtrend momentum, macro‑economic uncertainty, and regional tensions could keep the stock below the 50‑day average. Falling investor sentiment and the upcoming ARM may dilute ownership and add pressure on the price.
Today
| Open | 38.30 |
|---|---|
| Day high | 38.30 |
| Day low | 34.65 |
| Previous close | 38.50 |
| Volume | 314.8K |
| 30-day average volume | 85.9K |
Technicals
| RSI (14) | 41.2 |
|---|---|
| 20-day average | 41.45 |
| 50-day average | 44.14 |
| 200-day average | 31.32 |
| Support | 33.61 |
| Resistance | 34.85 |
| Daily volatility | 7.3% |
Trend: Downtrend
What these numbers meanPerformance
| 1 week | -24.70% |
|---|---|
| 1 month | -7.30% |
| 3 months | +3.90% |
| 1 year | +122.40% |
Upcoming
- ARM on 2026-10-28
Is FTSM Shariah compliant?
First Tri-Star 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.