Pioneer Cement Limited (PIOC)
CEMENT
231.93
0.85 (+0.37%)
Updated 2 days ago
52-week range
Yes, PIOC is Shariah compliant. Pioneer Cement Limited is a constituent of the KMI All Shares Islamic Index published by the Pakistan Stock Exchange. It last traded at 231.93 PKR, up +0.37% on the day, in the CEMENT sector.
AI analysis
WatchRefreshed 4 days agoPioneer Cement faces a sustained downtrend amid modest recovery prospects
Pioneer Cement Limited, a Shariah‑compliant cement producer, is trading below its 50‑ and 200‑day moving averages and remains near the lower end of its 52‑week range. Technical indicators suggest a continued bearish bias, though recent macro headlines hint at potential demand support.
Bull case
A rebound in construction activity driven by export‑focused growth and structural reforms could lift demand for cement, enabling Pioneer to regain momentum and move above its long‑term averages. Strong corporate governance at the upcoming EOGMs could also bolster investor confidence.
Bear case
Persisting weak demand, coupled with the firm’s current downtrend and price below key moving averages, heightens the risk of further downside. Macro uncertainties and potential supply chain constraints could exacerbate the negative trajectory.
Today
| Open | 232.97 |
|---|---|
| Day high | 232.97 |
| Day low | 230.06 |
| Previous close | 231.08 |
| Volume | 20K |
| 30-day average volume | 66.7K |
Technicals
| RSI (14) | 34.3 |
|---|---|
| 20-day average | 238.76 |
| 50-day average | 251.65 |
| 200-day average | 276.13 |
| Support | 230.47 |
| Resistance | 234.00 |
| Daily volatility | 1.3% |
Trend: Strong downtrend
What these numbers meanPerformance
| 1 week | -1.50% |
|---|---|
| 1 month | -4.20% |
| 3 months | -17.20% |
| 1 year | +5.60% |
Upcoming
- EOGM on 2026-10-19
- EOGM on 2026-10-27
Is PIOC Shariah compliant?
Pioneer Cement 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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- DGKC-0.22%compliant
- DBCI-6.09%
- DCL+0.22%compliant
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.