Halal investing on the Pakistan Stock Exchange, done right.

PSX Daily Market Update | 22 October 2026

The KSE-100 Index fell 2,006.67 points to close at 163,924.31 on 22 October 2026, as broad-based selling and rising oil prices weighed on investor sentiment. Banking, cement, investment companies, power and technology stocks faced pressure. The KMI-30 Shariah index also declined. Investors will monitor geopolitical developments, oil prices and market support levels in the next session.

PSX Daily Market Update | 21 October 2026

The KSE-100 recovered 779.34 points on 21 October 2026 after two declining sessions. Read the market comparison, top gainers and losers, Shariah index performance, company announcements and outlook.

Modarabas

First Habib Modaraba

First Habib Modaraba (PSX: FHAM) is a Pakistani Islamic financial institution managed by Habib Metropolitan Modaraba Management Company (Private) Limited, a subsidiary of Habib Metropolitan Bank Limited. Its core activities include Ijarah (leasing), Musharaka, Murabaha financing and other Shariah-compliant financial arrangements. For FY2026, First Habib Modaraba reported total income of approximately Rs. 5.08 billion, profit after tax of Rs. 747.92 million and earnings per certificate of Rs. 6.75. Compared with FY2025, total income decreased from Rs. 5.21 billion and profit after tax declined from Rs. 901.50 million. The board recommended a final cash dividend of Rs. 2.25 per certificate for FY2026. PSX subsequently reported electronic disbursement in October 2026. First Habib Modaraba appeared as Shariah-compliant in the PSX-KMI All Share Islamic Index review effective June 5, 2026, based on December 2025 data. Investors should verify the latest official screening status. **Important PSX Risk Warning:** The official PSX company page displays an alert concerning specified listing-regulation violations and possible trading suspension or delisting. Investors should review the latest official notice before making an investment decision.

Pharmaceuticals

Ferozsons Laboratories Limited

Ferozsons Laboratories Limited (PSX: FEROZ) is a Pakistani pharmaceutical company incorporated in 1954 that commenced commercial operations in 1956. Its core business includes importing, manufacturing and selling pharmaceutical products and medical devices. The company also has interests in BF Biosciences Limited, a pharmaceutical business, and Farmacia, a medicine retail and distribution venture. For FY2026, Ferozsons reported standalone revenue of approximately Rs. 15.76 billion, profit after tax of Rs. 650.90 million and EPS of Rs. 14.97. On a consolidated basis, revenue reached Rs. 23.96 billion and profit after tax was approximately Rs. 1.23 billion, with consolidated EPS of Rs. 22.51. The board recommended a final cash dividend of Rs. 5.50 per share for FY2026, subject to shareholder approval at the AGM scheduled for October 28, 2026. Ferozsons appeared as Shariah-compliant in the PSX-KMI All Share Islamic Index screening information effective June 5, 2026, based on December 2025 data. Investors should verify the latest screening status. **Important PSX Risk Warning:** The official PSX company page displays an alert concerning continuous violation of specified listing-regulation clauses and potential trading suspension or delisting. Investors should review the latest official notice and company disclosures before making investment decisions.

Cement

Fecto Cement Limited

Fecto Cement Limited (PSX: FECTC) is a Pakistani cement manufacturer incorporated on February 28, 1981. The company is engaged in producing and selling Portland cement and operates as part of the Fecto Group. Its business is linked to construction activity, infrastructure development, housing demand and the wider economic environment. For the financial year ended June 30, 2026, Fecto Cement reported revenue of approximately Rs. 12.50 billion, profit after tax of Rs. 663.36 million and earnings per share of Rs. 13.22. Compared with FY2025, revenue increased from approximately Rs. 11.10 billion, while profit after tax rose from Rs. 608.69 million. Fecto Cement appeared as Shariah-compliant in the PSX-KMI All Share Islamic Index screening information based on December 2025 data. Investors should check the latest official screening list because classifications and applicable criteria can change. **Important PSX Risk Warning:** The official PSX company page displays a warning concerning continuous violation of specified listing-regulation clauses and possible suspension of trading or delisting. Investors should review the latest official PSX notice and company announcements before making investment decisions.

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