The Pakistan Stock Exchange closed almost unchanged on Thursday because late profit‑taking took away a rally, leaving the KSE-100 Index down about 50 points to just over 177,320.
PSX saw a consolidation session with the KSE-100 Index closing almost flat at 177,323, 48 points (minus 0.03% from the previous day).
The market opened on a note, briefly reaching an intraday high of 178,650 (+1,279 points; +0.72%). However, as the session went on, a few traders took profits, wiping out earlier gains and giving the market a slightly negative close, said Ali Najib, Deputy Head of Trading at Arif Habib Ltd.
On the corporate front, APL reported FY26 earnings of PKR 17.0bn (EPS: PKR 136.31), up 63% year‑over‑year, while 4QFY26 earnings fell 19% year‑over‑year to PKR 2.2bn. The company announced a dividend of PKR 40 per share, raising the FY26 payout ratio to 44% compared with 30.5% in the same period last year.
POL reported a 4QFY26 profit after tax of PKR 12.4 billion, which translates to an EPS of PKR 43.69, marking a 67% increase year-over-year. For the fiscal year, POL’s profit after tax rose 32% year-on-year to PKR 31.9 billion. The company also announced a record dividend of PKR 100 per share.
Meanwhile, HUBC posted a 4QFY26 profit after tax of PKR 16.5 billion with an EPS of PKR 12.77. This shows a 39% year-on-year growth and a 53% quarter-on-quarter improvement. HUBC also declared a dividend of PKR 5 per share.
On the index front, HUBC, ENGROH, POL, UBL and FFC together added 494 points to the benchmark index. On the other hand, NBP, PPL, PSO, OGDC and SYS collectively removed 615 points, driven by selective profit-taking.
Market activity stayed steady. The total traded volume reached 611.6 million shares with a turnover of PKR 34.5 billion. FNEL led the volume chart, with 86 million shares traded.
Looking ahead, trading is expected to remain range-bound and volatile in the term. The key support level is seen at 175k.
