One session voids the break: KSE-100 surges 4.23% to 178,262.33, the month's biggest gain, closing about 2.7% above the reclaimed 173,518.81 floor
KSE-100
178,262.33
+4.23%
KSE-30
53,347.67
+4.70%
KMI-30 (Shariah)
251,510.36
+4.52%
All-Share
107,837.43
+3.85%
Market Pulse
Monday delivered what Friday never attempted. The KSE-100 surged 4.23% to 178,262.33 - the biggest single-session move of the month in either direction - with the KSE-30 (+4.70%), Shariah KMI-30 (+4.52%) and All-Share (+3.85%) running alongside. One session took the index from 1.4% below the old 173,519 floor to about 2.7% above it, its highest close since 13 July, and cut the drawdown from the 6 July record to roughly 4.9% from Friday's 8.8%. Participation matched the move: breadth of 369 advancers to 52 decliners across a 443-name universe was the month's most one-sided positive reading, volume of 1,008m was the heaviest since 8 July, and up-volume of 961m dwarfed the 34m that traded in declining names. WTL (+2.44%) topped the actives on 136m ahead of TSBL (+16.07%, 93m - genuine, as low-priced names trade on a Rs 1 circuit rather than the 10% cap), CNERGY (+4.57%, 81m), KEL (+4.62%, 59m) and TPLP (+1.62%, 55m), every one of them higher. The round-trip continued only at the fringes: OML, ASIC and UDLI, Thursday's limit-up names, fell 9-10% to lead the losers.
Sector micro-analysis
Thirty-one of 32 tracked sectors closed higher - Miscellaneous (-0.32%) the only decline - and every heavyweight pulled the same way. Cement led at +6.73% with all 18 names up and four pressing the band: DGKC (+9.58%), KOHC (+9.59%), MLCF (+9.52% on 25m) and FCCL (+9.14% on 16m), with LUCK (+5.45%) behind them. Transport (+4.88%, PIBTL +5.99% on 11m) and Oil & Gas Marketing (+4.88%, all nine names up - SNGP +6.53%, SSGC +4.51%) shared second, Cable & Electrical Goods added 4.32% (PAEL +6.17%), and Commercial Banks rose 3.97% with all 19 tracked names higher - NBP +7.98%, AKBL +7.45%, UBL +6.99%, BOP +6.04% on 35m. The E&Ps gained 3.96% (PPL +6.43%, OGDC +4.21%), Technology & Communication rose 4.05% (AIRLINK +6.13%, WTL +2.44% on 136m) and Power added 2.97% (HUBC +4.87%, KEL +4.62% on 59m). The refineries joined rather than led: Refinery gained 3.37% with all four names up as PRL (+4.46%, 18m) logged an eighth straight gain.
| Sector | Avg change | Breadth (A / D) |
|---|---|---|
| Cement | +6.73% | 18 / 0 |
| Transport | +4.88% | 6 / 0 |
| Oil & Gas Marketing Companies | +4.88% | 9 / 0 |
| Cable & Electrical Goods | +4.32% | 6 / 1 |
| Real Estate Investment Trust | +0.45% | 4 / 0 |
| Apparel | +0.37% | 2 / 2 |
| Miscellaneous | -0.32% | 9 / 6 |
Most active
- WTL 136m Rs 1.26 +2.44%
- TSBL 93m Rs 2.60 +16.07%
- CNERGY 81m Rs 10.76 +4.57%
- KEL 59m Rs 7.47 +4.62%
- TPLP 55m Rs 13.18 +1.62%
Gainers
- TSBL Rs 2.60 +16.07%
- WAVES Rs 10.95 +10.16%
- FIBLM Rs 16.67 +10.03%
- CCM Rs 55.61 +10.01%
- FTSM Rs 34.51 +10.01%
Losers
- TPLI Rs 80.31 -10.01%
- OML Rs 155.93 -10.00%
- ASIC Rs 49.46 -9.99%
- AHTM Rs 99.92 -9.61%
- UDLI Rs 19.80 -9.05%
Market Action
Foreign (FIPI) net
−PKR 1.06bn (−$3.81M)
Local (LIPI) net
+PKR 1.06bn
Source: NCCPL FIPI/LIPI · settled 27 Jul 2026
Foreign investors were net sellers of PKR 1,059m (USD 3.8m); local investors were net buyers of PKR 1,059m. the internals point to broad-based accumulation - up-volume of 961m against 34m in declining names on a 1,008m tape, the heaviest since 8 July, with the buying spread across every heavyweight sector rather than crowded into the speculative complex. Cement and bank turnover led the value board - MLCF traded 25m and BOP 35m - while the month's usual volume leaders, WTL (136m), TSBL (93m) and CNERGY (81m), all closed higher too. A 4.23% gain on the month's strongest breadth, with volume nearly double Friday's 547m, reads as positioning rebuilding across the board after three down weeks rather than a narrow bounce.
Outlook
- •The break is voided: one session took the index from 1.4% below the old 173,518.81 floor to about 2.7% above it, the highest close since 13 July, and cut the drawdown from the 6 July record to roughly 4.9% from Friday's 8.8%.
- •Participation was the month's strongest - 369 advancers to 52 decliners, 31 of 32 tracked sectors higher, and 961m of the 1,008m tape, the heaviest volume since 8 July, traded in advancing names - a one-day inversion of three weeks of persistent, unhurried selling.
- •The frame flips back: 173,518.81 returns to being the floor to defend rather than the ceiling to reclaim, and after a 4.23% jump the near-term question is whether the market consolidates the move or gives part of it back.
What to watch
- •Whether 173,518.81 - the ceiling as of Friday, reclaimed with room to spare on Monday - now holds as support on any pullback
- •Whether the cement bid follows through after a 6.73% sector day with all 18 names up and DGKC, KOHC, MLCF and FCCL pressing the 10% band
- •Whether local buying keeps absorbing foreign selling - NCCPL shows foreign investors net sellers of PKR 1,059m into Monday's rally, up from PKR 115.51m on Friday, with local investors the whole other side of the move
- •USD/PKR, SBP rate signals and the global crude tape
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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.