KSE-100 snaps its five-session rally, slipping 0.64% to 186,255.55 as oil & gas and cement lead a broad pullback
KSE-100
186,255.55
-0.64%
KSE-30
55,672.43
-0.82%
KMI-30 (Shariah)
263,007.84
-1.01%
All-Share
112,499.75
-0.62%
Market Pulse
Tuesday broke the run. The KSE-100 slipped 0.64% to 186,255.55, ending a five-session winning streak and pausing after Monday's 1.12% surge to a record close. The KSE-30 (-0.82%) and the Shariah-compliant KMI-30 (-1.01%) fell harder, while the All-Share (-0.62%) held up best of the four. Breadth turned negative - 243 decliners against 171 advancers across a 447-name universe - yet turnover told a more mixed story: up-volume of 623m actually outpaced down-volume's 323m, as a handful of heavily-traded names bucked the trend. TPLRF1 (+1.14%, 76m), TPLP (+6.22%, 72m) and BOP (+0.62%, 61m) topped the actives, while Commercial Banks (+1.59%) held in positive territory even as the broader tape retreated. This read as a rotation out of energy and cement rather than a broad flight from risk.
Sector micro-analysis
The pullback was led by energy and building materials. Oil & Gas Marketing (-1.41%, 1 up / 8 down) and Oil & Gas Exploration (-1.36%, 1 up / 3 down) gave back Monday's gains as PPL (-2.31%), OGDC (-1.55%) and PSO (-0.84%) all traded lower, while Cement (-0.29%, 5 up / 13 down) slipped on MLCF (-2.24%) and FCCL (-1.50%). Textiles and apparel bucked the trend - Leather & Tanneries (+3.51%), Textile Weaving (+2.77%) and Apparel (+2.57%) all advanced - and Commercial Banks (+1.59%, 10 up / 9 down) stayed positive behind BOP's heavy turnover, cushioning the index's decline.
| Sector | Avg change | Breadth (A / D) |
|---|---|---|
| Leather & Tanneries | +3.51% | 2 / 2 |
| Textile Weaving | +2.77% | 3 / 1 |
| Apparel | +2.57% | 3 / 1 |
| Synthetic & Rayon | +2.26% | 4 / 0 |
| Glass & Ceramics | -1.29% | 2 / 4 |
| Oil & Gas Exploration Companies | -1.36% | 1 / 3 |
| Oil & Gas Marketing Companies | -1.41% | 1 / 8 |
Most active
- TPLRF1 76m Rs 10.63 +1.14%
- TPLP 72m Rs 13.32 +6.22%
- BOP 61m Rs 37.36 +0.62%
- LSECL 38m Rs 6.27 +6.45%
- TPL 29m Rs 17.79 +3.79%
Gainers
- TCORPR2 Rs 6.42 +18.45%
- FPJM Rs 9.35 +11.84%
- ITTEFAQ Rs 9.69 +11.51%
- SERT Rs 43.35 +10.03%
- SBL Rs 12.64 +10.01%
Losers
- HAEL Rs 33.02 -10.00%
- TSML Rs 809.92 -10.00%
- SGPL Rs 105.61 -10.00%
- KPUS Rs 1,911.43 -9.99%
- FFLM Rs 19.47 -9.99%
Market Action
Foreign (FIPI) net
−PKR 34.50m (−$124.09k)
Local (LIPI) net
+PKR 34.50m
Source: NCCPL FIPI/LIPI · settled 7 Jul 2026
Foreign investors were net sellers of PKR 34.50m (USD 0.1m); local investors were net buyers of PKR 34.50m. breadth skewed negative - 243 decliners to 171 advancers - but the volume pattern was not one-directional: up-volume of 623m outpaced down-volume's 323m as TPLRF1, TPLP and BOP absorbed heavy turnover on the buy side. That split, alongside Commercial Banks holding a positive sector average while Oil & Gas and Cement led the decline, points to selective profit-taking in Monday's winners rather than a broad-based exit.
Outlook
- •The pause after five straight gains looks like a routine breather rather than a trend change - Tuesday gave back just 0.64%, a fraction of the ground built over the prior run.
- •Sector rotation, not risk aversion, defined the day: Oil & Gas and Cement gave back ground while banks and select textiles held firm, and turnover leaned toward the gainers despite the negative breadth.
- •Whether Wednesday brings renewed buying in the energy and cement names that led last week's run, or a deeper consolidation, will set the tone for the rest of the week.
What to watch
- •Whether OGDC, PPL and the cement names (MLCF, DGKC, FCCL) stabilize after Tuesday's pullback
- •Whether Commercial Banks' resilience (+1.59%) extends into a second session
- •USD/PKR, SBP rate signals and the global crude tape
- •Whether local buying continues to absorb foreign selling - NCCPL flows show locals net PKR 34.50m buyers on Tuesday, a much smaller offset than Monday's PKR 283.44m
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Produced by Wealth Street - a SECP-regulated PSX & PMEX broker - for information and education only. Not investment advice or a solicitation. Figures are derived from the PSX data portal and presented as Wealth Street commentary, not a redistributed data feed; breadth and sector stats cover the tracked large-cap universe. Flows are directional estimates unless attributed to NCCPL FIPI/LIPI data. Please read our Risk Disclosure.