The give-back ends: KSE-100 rises 0.31% to 176,094.11, sealing a 2.97% weekly gain - the first in four weeks - as breadth swings to 251 advancers
KSE-100
176,094.11
+0.31%
KSE-30
52,480.21
+0.01%
KMI-30 (Shariah)
247,198.05
+0.26%
All-Share
106,530.88
+0.30%
Market Pulse
Friday snapped the give-back and sealed the week. The KSE-100 rose 0.31% to 176,094.11 - the All-Share (+0.30%) and Shariah KMI-30 (+0.26%) alongside, while the KSE-30 closed all but flat at +0.01% - ending a run of three straight declines and closing about 1.5% above the reclaimed 173,519 floor, 2.97% higher on the week after three straight weekly declines, and roughly 6.1% below the 6 July record as July ends. The internals were the strongest since Monday's surge: breadth swung to 251 advancers against 161 decliners across a 440-name universe, volume built to 780m from Thursday's 689m, and up-volume of 635m ran nearly six times the 110m in declining names. The speculative complex kept the tape's weight: TSBL (+1.98%) traded 179m, edging past Thursday's 177m as its heaviest session of the month even as the price advance cooled from Thursday's 11% jump, WASL (+14.45% on 49m) ran its Rs 1 band for a second straight double-digit session, and TPLP (+5.03%) turned 33m alongside FNEL (+1.67%) on 31m, while OML (-9.58%) led the losers.
Sector micro-analysis
The leadership stayed off the index's engines. Modarabas extended Thursday's rise with a 2.59% gain (13 up / 5 down), the Refinery sector returned to the front at +1.92% with three of four names up - PRL (+6.20% on 22m) rebounded from two lower sessions after its nine-session run ended, CNERGY (+1.23%) traded the day's second-heaviest 50m, NRL added 0.54% and ATRL (-0.28%) was the odd one out - and Transport (+1.4%, PIBTL +0.18% on 22m) and Textile Weaving (+1.35%) followed. Insurance (+1.06%, 19 up / 5 down) and Engineering (+1.06%, 9 up / 4 down) firmed on broad internals. The heavyweights barely moved: Commercial Banks added 0.09% on positive internals (11 up / 7 down - AKBL +2.11% on 10m the standout, BAFL +0.83%, HBL +0.79%), Cement rose 0.38% (11 up / 6 down - KOHC +3.67%, LUCK +0.69%, MLCF -0.75% on 13m), the E&Ps edged 0.26% higher (PPL +0.49%, OGDC flat) and Fertilizer (-0.03%) and Power (-0.28%) closed marginally lower. The red was shallow and thin: Real Estate Investment Trust (-0.3%), Paper, Board & Packaging (-0.7%, 2 up / 8 down) and Leather & Tanneries (-1.27%) closed weakest, while the securities complex split 13 up / 13 down at -0.27% even as PSX itself rose 2.2% on 14m.
| Sector | Avg change | Breadth (A / D) |
|---|---|---|
| Modarabas | +2.59% | 13 / 5 |
| Refinery | +1.92% | 3 / 1 |
| Transport | +1.40% | 5 / 1 |
| Textile Weaving | +1.35% | 5 / 1 |
| Real Estate Investment Trust | -0.30% | 3 / 2 |
| Paper, Board & Packaging | -0.70% | 2 / 8 |
| Leather & Tanneries | -1.27% | 1 / 4 |
Most active
- TSBL 179m Rs 2.57 +1.98%
- CNERGY 50m Rs 10.74 +1.23%
- WASL 49m Rs 7.92 +14.45%
- TPLP 33m Rs 13.37 +5.03%
- FNEL 31m Rs 1.22 +1.67%
Gainers
- WASL Rs 7.92 +14.45%
- FANM Rs 9.08 +12.38%
- CSIL Rs 6.04 +11.44%
- JATM Rs 38.75 +10.02%
- PINL Rs 13.41 +10.01%
Losers
- OML Rs 148.54 -9.58%
- KOHP Rs 25.84 -7.85%
- 786 Rs 24.04 -7.04%
- ASIC Rs 41.12 -6.55%
- SHNI Rs 8.76 -6.11%
Market Action
Foreign (FIPI) net
−PKR 142.15m (−$511.34k)
Local (LIPI) net
+PKR 142.15m
Source: NCCPL FIPI/LIPI · settled 31 Jul 2026
Foreign investors were net sellers of PKR 142.15m (USD 0.5m); local investors were net buyers of PKR 142.15m. the internals read as risk appetite broadening back out - up-volume of 635m ran nearly six times the 110m in declining names on a 780m tape, the strongest mix since Monday's surge, and 251 names advanced against 161. The conviction still sat at the periphery: TSBL's 179m, CNERGY's 50m, WASL's 49m and TPLP's 33m headed the turnover board while bank trade stayed thin - AKBL's 10m led the sector - and the E&Ps turned 2m or less apiece. A 0.31% index gain on an up-volume mix of nearly six to one is the arithmetic of the broad board rising while the KSE-30 stood still - breadth carrying what the heavyweights would not.
Outlook
- •The give-back ended without testing the floor: three easing sessions trimmed the index from 178,262.33 to 175,547.98 before Friday's 0.31% rise to 176,094.11 sealed a 2.97% weekly gain - the first in four weeks - with the reclaimed 173,518.81 floor about 1.5% below.
- •Friday's internals were the strongest since Monday's surge - 251 advancers to 161 decliners and up-volume of 635m against 110m in declining names - but the KSE-30's all-but-flat +0.01% close shows the heavyweights sat out; the breadth is real, the engine is still missing.
- •August opens with the index roughly 6.1% below the 6 July record and leadership rotating daily through the periphery - Modarabas, the Refinery sector and Transport on Friday after the securities complex on Thursday - a pattern that has carried breadth without yet settling into a heavyweight trend.
What to watch
- •Whether the heavyweights re-engage as August opens - the KSE-30 added just 0.01% on Friday while Commercial Banks closed +0.09% and the E&Ps +0.26%, leaving the index's engines idle through the week's recovery
- •Whether the speculative churn resolves higher or unwinds - TSBL's 179m at +1.98% was its heaviest session of the month with the price advance fading from Thursday's 11%, WASL logged a second straight double-digit gain, and OML (-9.58%) showed how fast the fringe gives back
- •Whether the foreign selling stays shallow - NCCPL showed foreign investors net sellers of PKR 142.15m on Friday, a second straight modest outflow fully absorbed by local buying
- •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.