$FFC

Pakistan Stock Exchange’s KSE-100 fell below 180,000 for a third session amid Middle East conflict-related uncertainty and rising international oil prices. The index closed at 179,846.68, down 1,463.60 points (0.81%). Fauji Fertiliser, Lucky Cement, Engro Holdings, United Bank and Bank Al-Habib weighed. Volume fell 6.21% to 860m shares; turnover fell 13.26% to Rs38.86b. Fauji Cement reported FY26 net earnings of Rs16.2b (+21%) and final dividend Rs1.5/share.

Pakistan Stock Exchange’s KSE-100 Index rebounded on Monday, closing at 178,262.33 points, up 7,241.13 points or 4.23%, after last week’s decline. The move was attributed to improved investor sentiment and renewed buying, with major contributors including UBL, FFC, ENGROH, MEBL, and LUCK. Volume was 1.032 billion shares and traded value about Rs. 41.01 billion.

Pakistan’s PSX fell sharply Tuesday, dropping 6,402 points (3.56%) to close at 173,519 after the US ended its truce with Iran. Topline Securities cited renewed US military actions and Iran attacks on oil tankers near the Strait of Hormuz, raising fears of regional instability and oil supply disruption. UBL, Engro, FFC, Lucky Cement and Meezan Bank weighed most. Trading stayed active: 913m shares, Rs 45.6b; OGDC led value (Rs 2.73b).

Pakistan’s KSE-100 index rose 851.25 points (0.46%) to close at 185,372.21, extending weekly gains to 3.2%, led by banking and oil & gas. Analysts cited expectations of lower oil prices and macro policy developments; SBP expects FX reserves above $20bn and remittances to $44bn in 2027. Top gainers included UBL and OGDC; AHL projected upside toward 190,000.

Flaherty & Crumrine Preferred Securities Income Fund (NYSE:FFC) traded below its 200-day moving average on Monday, with the 200-day average at $16.33 and a low of $15.70. Shares last traded at $15.8250 on volume of 77,432. The fund declared a $0.1025 monthly dividend (record July 24; payable July 31), annualized yield 7.8%, and several institutions reported stake changes.