Shariah Index Wrap: PAEL and MARI Shine Despite Broad-Based Sell-off at PSX

While the KMI-30 Index closed in the red today, a few “pullers” managed to swim against the tide, offering a silver lining for sector-specific investors. Pak Elektron Limited (PAEL) emerged as the day’s top performer, contributing a solid 197.08 points to the index.

Key Performance Highlights:

• Top Gainers: PAEL (+197.08), MARI (+186.07), and FFC (+116.49).
• Top Losers: ENGROH (-906.03) and MEBL (-588.70).
• Volatility: The index saw a wide spread of nearly 4,500 points between its daily high and low.

Energy and fertiliser stocks showed mixed results; while FFC and ATRL saw gains, PPL and EFERT joined the draggers’ list. Analysts suggest that the 5.20% Calendar Year to Date (CYTD) growth indicates a steady start to 2026, despite today’s 2,323-point hit.