CNERGY  10.29 / 59.33M  0.19   |   
TSBL  2.24 / 36.98M  0.00   |   
KOSM  6.05 / 32.63M  0.51   |   
PRL  53.14 / 24.57M  0.60   |   
WTL  1.23 / 21.62M  0.01   |   
BOP  32.64 / 20.59M  -0.34   |   
TPLP  12.97 / 19.23M  -0.25   |   
KEL  7.14 / 18.14M  0.08   |   
MDTL  6.38 / 15.73M  1.00   |   
WAVESAPP  8.80 / 13.34M  0.56   |   
MLCF  88.17 / 13.13M  -0.65   |   
LOTCHEM  26.81 / 10.91M  -0.81   |   
TPL  18.29 / 9.85M  0.54   |   
SSGC  24.85 / 9.30M  -0.25   |   
FNEL  1.21 / 8.07M  0.02   |   
SGPL  70.06 / 7.93M  5.66   |   
PIBTL  15.85 / 6.79M  -0.11   |   
ITANZ  43.91 / 6.62M  2.16   |   
TPLRF1  10.18 / 6.12M  0.30   |   
TRG  58.97 / 6.01M  2.08   |   
DGKC  195.18 / 5.85M  -1.49   |   
PACE  10.38 / 5.81M  0.17   |   
HASCOL  19.02 / 5.26M  -0.27   |   
DCL  11.22 / 5.01M  -0.50   |   
YOUW  5.60 / 4.65M  0.00   |   
PAEL  40.85 / 4.40M  -0.14   |   
ITTEFAQ  8.93 / 4.24M  0.24   |   
SLM  24.01 / 4.17M  0.82   |   
QTECH  48.93 / 4.15M  1.13   |   
BLUEX  6.99 / 4.12M  0.13   |   
NBP  193.18 / 4.03M  -4.31   |   
AKBL  99.95 / 3.79M  -1.04   |   
THCCL  59.77 / 3.74M  -0.90   |   
FCCL  51.74 / 3.65M  0.49   |   
WAVES  9.95 / 3.59M  -0.23   |   
LSECL  6.41 / 3.55M  -0.16   |   
UDLI  21.77 / 3.42M  1.98   |   
SPSL  16.36 / 3.19M  -0.40   |   
PPL  211.10 / 3.15M  -1.56   |   
PIAHCLA  27.29 / 3.10M  -0.43   |   
PTC  68.07 / 3.09M  -1.01   |   
NCPL  55.31 / 3.04M  0.29   |   
DFML  17.81 / 3.03M  0.09   |   
FCSC  5.12 / 2.96M  0.41   |   
STPL  8.11 / 2.87M  0.22   |   
GCIL  35.38 / 2.86M  0.72   |   
GGL  25.06 / 2.85M  0.07   |   
OGDC  310.38 / 2.73M  -1.57   |   
BAFL  55.50 / 2.65M  -0.70   |   
FFL  16.49 / 2.61M  0.31   |   
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Test
BWCL - Bestway Cement LtdBestway Cement Limited (BWCL) Financial Results Final Quarter Results June 30, 2026 EPS 4Q = Rs. 13.16 Full Year EPS FY-24= Rs. 43.20 Last Full Year EPS FY-23 = Rs. 40.02 Yearly Growth = 8% Final Dividend FY-26 Cash (Rs/share) 10.00 (100%) Bonus Shares = FY-26 = 0.00 Current Price = Rs. 499.00 Book Closure Distribution The Share Transfer Books of the Company will be Closed From 25/08/2026 To 31/08/2026
FRSM - Faran Sugar Mills Ltd. Faran Sugar Mills Ltd. (FRSM) Financial Results Nine Month Results June 30, 2026 EPS 3Q = Re. (0.17) EPS Uptill 9M = Re. 0.27 Last 9M EPS = Rs. (3.72) Interim Dividend 9-M-26 Cash (Rs/share) Nil Bonus Shares 9-M-26 = Rs. Nil Current Price = Rs. 47.15
NESTLE - Nestle Pakistan Ltd.Nestle Pakistan Ltd. (NESTLE) Financial Results Half Yearly Results June 30, 2026 EPS 2Q = Rs. 96.30 EPS CY-Half Year EPS - 26 = Rs. 220.04 Last CY-Half Year EPS - 25 = Rs. 229.88 Half Yearly Growth = (4%) Interim Dividend CY-HY-26 Cash (Rs./share) 213.00 (2130%) Bonus Shares = Nil Current Price = Rs. 7,665.00 The Share Transfer Books of the Company will be Closed From 5/8/2026 To 7/8/2026
HABSM - Habib Sugar Mills Ltd. Habib Sugar Mills Ltd. (HABSM) Financial Results Nine Month Results Sep 30, 2026 EPS 3Q = Rs. 3.10 EPS Uptill 9M = Rs. 9.94 Last 9M EPS = Rs. 7.41 9M Growth = 34% Interim Dividend 9-M-26 Cash (Rs/share) Nil Bonus Shares 9-M-26 = Rs. Nil Current Price = Rs. 81.11
UBL - United Bank Ltd.United Bank Ltd. (UBL) Unconsolidated Financial Results Half Yearly Results June 30, 2026 EPS 2Q = Rs. 14.37 EPS Half Year = Rs. 33.93 Last Half Year EPS = Rs. 25.69 Half Yearly Growth = 32% Interim Dividend = Rs. 160.00% Bonus Shares = Nil Current Price = Rs. 470.00 The Share Transfer Books of the Company will be Closed From 03/08/2026 To 05/08/2026
HCAR - Honda Atlas Cars (Pakistan) Ltd.Honda Atlas Cars (Pakistan) Limited. (HCAR) Financial Results Final Quarter Results Mar 31, 2026 EPS 4Q = Rs. 7.05 Full Year EPS FY26= Rs. 22.64 Last Full Year EPS FY25 = Rs.18.97 Yearly Growth = 19% Final Dividend FY26 Cash (Rs/share) 9.00 (90%) Bonus Shares = FY26 = Nil Current Price = Rs. 228.50 Book Closure Distribution The Share Transfer Books of the Company will be Closed From 16/06/2026 To 29/06/2026
ATLH - Atlas Honda Ltd. Atlas Honda Limited. (ATLH) Financial Results Final Quarter Results Mar 31, 2026 EPS 4Q = Rs. 47.28 Full Year EPS FY26 = Rs. 170.21 Last Full Year EPS FY25 = Rs. 122.91 Yearly Growth = 38% Final Dividend FY26 Cash (Rs/share) 56.00 (560%) Bonus Shares = FY26 = Nil Current Price = Rs. 1,722.95 Book Closure Distribution The Share Transfer Books of the Company will be Closed From 16/06/2026 To 29/06/2026
HASCOL - Hascol Petroleum Ltd.(NON-COMPLIANT)Hascol Petroleum Limited. (HASCOL) Unconsolidated Financial Results 1st Quarter March 31, 2026 EPS 1Q = Re. 0.45 Last 1Q EPS = Rs. (3.09) 1Q Growth = 115% Interim Dividend 1Q-26 Cash (Rs/share) Nil Bonus Shares 1Q-26 = Rs. Nil Current Price = Rs. 21.10
PPL - Pakistan Petroleum Ltd.Pakistan Petroleum Limited. (PPL) Unconsolidated Financial Results Nine Month Results March 31, 2026 EPS 3Q = Rs. 7.63 EPS Uptill 9M = Rs. 22.48 Last 9M EPS = Rs. 26.72 9M Growth = (16%) Interim Dividend 3Q-26 = Rs. 2.00 (20%) Bonus Shares 3Q-26 = Rs. Nil Current Price = Rs. 222.99 Book Closure Distribution The Share Transfer Books of the Company will be Closed From 14/5/2026 To 18/5/2026
PSO - Pakistan State Oil Company Ltd. ConsolidatedPakistan State Oil Company Limited. (PSO) Consolidated Financial Results Nine Month Results March 31, 2026 EPS 3Q = Rs. 52.59 EPS Uptill 9M = Rs. 83.93 Last 9M EPS = Rs. 26.23 9M Growth = 220% Interim Dividend 3Q-26 = Rs. Nil Bonus Shares 3Q-26 = Rs. Nil Current Price = Rs. 383.00
Analyst Opinions
Test
7/24/2026 12:00:00 AMKSE-100 Breaches Major Support; 200-DMA Now in Focus

The KSE-100 Index has decisively broken below the critical 173,500 support level, a key threshold we had highlighted previously. The index is now likely to extend its decline toward the 200-day moving average, currently positioned around 169,800. A failure to hold this support could expose the market to further downside, with the next key target at 164,800. On the upside, if the market stages a rebound from current levels, the initial recovery is expected to retest the previously identified resistance zone between 178,000 and 179,500. At this stage, no fresh buying is recommended until a confirmed bullish setup emerges.

AGIC - Askari General Insurance Company. Ltd.7/24/2026 12:00:00 AMSECP Approves Fauji Foundation’s 51% Stake Acquisition in AGIC

- The SECP’s approval for Fauji Foundation (FF) to acquire a 51% controlling stake in Askari General Insurance Company Limited (AGIC) from Army Welfare Trust (AWT) at a carrying cost of PKR 17.06 per share marks a pivotal internal restructuring. - ?Since both AWT and FF operate under institutional welfare frameworks, this transaction represents a strategic realignment within group entities rather than a commercial M&A or change in ultimate economic control of AGIC. - ?Consequently, while the acquisition streamlines governance and operational synergies across Fauji Group’s broader financial services footprint, it is expected to have a neutral impact on market competition and underlying core valuations. AGIC’s Book Value per Share: Rs. 43.54 AGIC’s P/E: 6.02x

7/23/2026 12:00:00 AMKSE-100 Tests Key Support as Market Awaits Directional Breakout

The KSE-100 Index is currently trading near the key support level of 173,500. A decisive break below this support could trigger further downside toward the 200-day moving average at 169,800. However, if the index manages to hold this level and rebounds, it may retest the previously identified resistance zone between 178,000 and 179,500. Until a clear breakout or breakdown occurs, investors are advised to remain cautious and avoid aggressive fresh buying

BWCL - Bestway Cement Ltd7/23/2026 12:00:00 AMBestway Cement: Strength & Strategic Income Power Growth

Bestway Cement (BWCL) delivered a strong financial performance, posting an 8.0% YoY increase in Net Profit to PKR 25.75 bn (EPS: PKR 43.20 vs. PKR 40.02 SPLY), which enhanced shareholder payouts to a total annual DPS of PKR 40.00 (inclusive of final cash dividend of PKR 10.00). Balance sheet strength was further reinforced as total equity expanded to PKR 133.876 bn, supported by revenue reserves (PKR 57.91 bn vs. PKR 52.09 bn SPLY), alongside an aggressive 25.0% YoY de-leveraging of long-term debt from PKR 40.0 bn to PKR 30.0 bn, offsetting a minor rise in short-term debt to PKR 20.5 bn. This entails that BWCL has reduced fixed debt. Crucially, BWCL’s substantial PKR 53.75 bn in long-term investments—representing its strategic equity-accounted stake in United Bank Limited (UBL)—served as a vital earnings shield. This stake contributed PKR 14.55 bn (net of tax) as its share of profit of equity-accounted investee (up 35.4% YoY from PKR 10.75 bn), while yielding PKR 7.70 bn in cash dividends received over the period. This massive non-operating earnings stream effectively insulated BWCL's bottom line from core cement margin pressures while backing its dividend distribution capability, making BWCL a better-yielding, defensive pick at a valuation of 12.3x trailing P/E.

7/23/2026 12:00:00 AMThe Beginning of a New Era for Islamic Financial Instruments

The latest Government of Pakistan Sukuk auction marked a significant milestone in the development of the country's Islamic capital market, reflecting strong investor confidence and sustained demand for Shariah-compliant government securities. The auction attracted total bids of Rs.741 billion against a target of Rs.125 billion, making it approximately 5.9 times oversubscribed. Capitalizing on the strong demand, the government accepted Rs.239.1 billion, nearly 1.9 times the announced target, highlighting its ability to raise additional funds at competitive pricing. Investor preference was particularly evident in the 10-year Variable Rate Rental (VRR) Sukuk, which received bids totaling Rs.425.3 billion, accounting for approximately 57% of total bids. The strong response to the long-term issue underscores investors' confidence in floating-rate instruments and their preference for longer-duration Shariah-compliant investments in the prevailing interest rate environment. The 3-month and 1-year discounted Sukuk also attracted healthy participation, while demand for the 6-month tenor was comparatively moderate. The cut-off yields were recorded at 11.4994% for the 3-month Sukuk, 11.6902% for the 6-month Sukuk, and 11.8400% for the 1-year Sukuk. Meanwhile, the 10-year VRR Sukuk was priced at the policy rate plus 18.99 basis points, translating into a yield of 11.5803%. The relatively narrow spread over the policy rate reflects strong investor confidence and suggests limited upward pressure on long-term yields. Overall, the auction results point to ample liquidity within the banking system and continued strong demand for government-issued Shariah-compliant securities. The government's ability to mobilize substantially more funds than initially targeted at competitive pricing is a positive development for its financing strategy. More importantly, the success of this auction reinforces the growing depth and maturity of Pakistan's Islamic debt market, marking another important step in the evolution of Islamic financial instruments and strengthening the role of Sukuk in the country's domestic capital market.

UBL - United Bank Ltd.7/22/2026 12:00:00 AMUBL Result Preview: 2QCY26 EPS Expected at PKR 15.00; PKR 8.00/Share Dividend Likely

SCS Research expects UBL to report 2QCY26 EPS of PKR 15.00/share, representing a 23.31% QoQ decline but a 33.21% YoY increase. This would take 6MCY26 EPS to approximately PKR 34.56/share. SCS also expects the bank to announce a cash dividend of PKR 8.00/share, implying a dividend yield of 6.76%.

7/21/2026 12:00:00 AMKSE-100 at a Turning Point: Key Support Holds, Resistance Awaits

The KSE-100 Index has successfully taken support near the 173,500 level. As long as this support remains intact, the index is likely to extend its recovery toward the 178,000–179,500 resistance zone. However, if the 173,500 support fails to hold, the next key downside support is expected around the 200-day moving average near 169,800. Investors are advised to remain cautious and avoid aggressive fresh buying until the index confirms its next directional move.

PRL - Pakistan Refinery Ltd. 7/21/2026 12:00:00 AMPRL Extends Bullish Breakout; Eyes Higher Targets

PRL has successfully broken above another key resistance zone, reaffirming robust buying interest and further strengthening its bullish technical structure. Following the successful achievement of our second upside target, the prevailing momentum remains firmly intact. Investors are advised to continue holding existing positions for the next upside targets at PKR 51.25, 54.32, and 59.65. In line with the improving price action and to protect accumulated gains, the stop-loss has been revised upward to PKR 45.15 while maintaining exposure to the stock's continued upside potential.

7/20/2026 12:00:00 AMKSE-100 Near Critical Resistance; Caution Advised

The benchmark index continues to face strong resistance within our identified 178,000–179,500 zone, increasing the probability of a near-term corrective phase. Should selling pressure intensify, the index may retreat toward the key 200-day moving average (200-DMA) support at 169,800. Conversely, a decisive breakout and sustained close above the 178,000–179,500 resistance range would negate the corrective outlook, confirming renewed bullish momentum and paving the way for fresh all-time highs. Investors are advised to remain cautious and await a confirmed breakout before taking aggressive positions.

7/17/2026 12:00:00 AMKSE-100 at a Make-or-Break Zone

The KSE-100 Index is currently trading near a crucial resistance zone between 178,000 and 179,500. A decisive breakout above this range could trigger further upside momentum, with the next target around 185,000. However, if the index fails to clear this resistance, it may drag lower toward the 175,000 support level

KSE 100

170,475.30
-1,264.14
(-0.74 %)
Vol: 114,227,345

KSE 30

50,840.65
-376.11
(-0.73 %)
Vol: 40,795,406

KMI 30

240,059.19
-1,331.47
(-0.55 %)
Vol: 38,374,880

Volume Leaders

SymbolPriceVolume
CNERGY10.2959,327,773
TSBL2.2436,977,902
KOSM6.0532,626,744
PRL53.1424,565,429
WTL1.2321,618,473
BOP32.6420,591,638
TPLP12.9719,232,151
KEL7.1418,140,027
MDTL6.3815,731,176
WAVESAPP8.8013,338,005

Gainers

SymbolPriceChange %
MDTL6.3815.67
FPJM10.449.29
FFLM14.929.12
FIBLM15.159.11
MSCL22.419.10
ASIC54.959.10
UDLI21.779.10
FSWL172.689.09
OML173.269.09
FTSM31.379.09

Losers

SymbolPriceChange %
KPUS1,105.08-11.11
SHCM52.81-11.06
STML53.26-11.04
POWERPS23.45-10.80
JDMT139.77-10.58
EWIC48.10-9.06
ELCM208.50-9.04
JATM32.13-8.87
SUHJ201.90-8.71
SASML358.50-8.48

SCRA

Yearly(July, 2021 up to 16-Nov-2021)
$-322.61mn
Monthly (Nov, 2021 up to 16-Nov-2021)
$-49.40mm
Daily (16-Nov-2021)
-5.05mn
Total Portfolio Investment (5-Nov-2021)
$1,445mn

FIPI

Gross Buy
USD 8.50mn
Gross Sell
USD -6.09mn
Net Buy
USD 2.41mn

GDR

MCB (1 GDR = 2 Shares)
3.00
OGDC (1 GDR = 10 Shares)
6.50
UBL (1 GDR = 4 Shares)
6.40
LUCK (1 GDR = 4 Shares)
13.00
HUBC (1 GDR = 25 Shares)
31.54

Currency Rates

U.S Dollar
279.15
U.K Pound
375.35
Euro
320.39
Japanese Yen
1.71
U.A.E Dirham
76.45

Commodities Rates

WTI Crude
$ 92.12
Brent Crude
$ 101.01
Cotton $/lb
$ 81.27
Gold 100oz FUTR
$ 4,029.10
Silver Future
$ 57.56

World Markets

DOW
51,711.65(-506.93)
NASDAQ
25,137.69(-553.21)
SP500
7,408.10(-90.86)
NEKKEI225
64,446.00(-1,976.60)
SHANGHAI
3,830.19(-36.84)
BSE
75,561.99(-829.40)
Roshan Digital
Roshan Digital
Roshan Digital
Roshan Digital
Roshan Digital
Roshan Digital
GDP Annual Growth FY24
2.38%
Per Capita Income FY24
$1,680
Forex Reserves(April-2024)
$13.75bn
Inflation CPI %(Apr 2024)
26%
Exports (Jul-Apr 2024)
$25.7bn
Imports (Jul-Apr 2024)
$43.4bn
Trade Balance(Jul-Apr 2024)
$(17.7)bn
Current A/C (Jul-Apr 2024)
$ (0.2)bn
Remittances(Jul-Apr 2024)
$ 23.8bn
LSM Growth (Jul-Mar 2024)
(0.10)%
Foreign Investment(Apr 2024)
$1.5bn
Revenue(Jul-21 - Oct 21)
Rs 9.78Tr
Foreign Debt(Mar-24)
$ 23,093bn
Domestic Debt
Rs 43.432bn
Market Capitalization
Rs 19,360bn
Interest Rate
11.50%

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