Darson Research Morning Update: Attock Refinery plans 50,000-bpd refinery & Selmore Pharma applies for PSX IPO Darson Morning Update: ATRL plans 50k-bpd refinery, Selmore Pharma seeks PSX IPO & fuel prices cut
Morning Update - 29 September 2026
Darson Securities Limited | PSX Market & Economic Updates
Market Overview
KSE-100 index closed at 170,426 on 28/Sep/26, down by 339.60 points (-0.2%). Volume stood at 419.92 mn shares and market capitalization was US$ 68.40 bn.
Key Corporate & Sector News
- Attock Refinery Limited (ATRL): Plans to establish a new 50,000-barrels-per-day (bpd) deep-conversion refinery in addition to its brownfield upgradation project (+Positive).
- Selmore Pharmaceuticals Limited: Applied for listing on the PSX Main Board through an IPO of 48,611,112 ordinary shares at a floor price of Rs 42 per share via book building (+Positive).
- K-Electric (K Nova): K-Solar rebranded as K Nova to expand its renewable energy portfolio (+Positive).
- Petroleum Prices: Ex-depot petrol price decreased by Rs 2.27 to Rs 389.03 per liter while HSD dropped by Rs 3.56 to settle at Rs 404.97 per liter (-Neutral).
Market Statistics Table
| Index | 28/Sep/26 | Change (%) |
|---|---|---|
| KSE-100 | 170,426 | -0.2% |
| KSE-30 | 50,718 | -0.2% |
| All Share | 103,057 | -0.2% |
Morning Update - 29 September 2026
Darson Securities Limited | PSX Market & Economic Updates
Market Overview
The KSE-100 index closed at 170,426 on September 28, 2026, down by 339.60 points (-0.2%). Total market volume was 419.92 million shares with a market capitalization of US$ 68.40 billion.
Corporate & Sector Highlights
- Attock Refinery Limited (ATRL): Plans a new 50,000-bpd deep-conversion refinery alongside its brownfield upgrade project (+Positive).
- Selmore Pharmaceuticals: Applied for PSX Main Board listing via an IPO of 48,611,112 shares at a floor price of Rs 42 per share (+Positive).
- K-Electric: K-Solar rebranded as K Nova to broaden its renewable energy platform (+Positive).
- Fuel Prices: Petrol price decreased by Rs 2.27 to Rs 389.03/liter; HSD dropped by Rs 3.56 to Rs 404.97/liter (-Neutral).
Market Statistics Table
| Index | 28/Sep/26 | Change (%) |
|---|---|---|
| KSE-100 | 170,426 | -0.2% |
| KSE-30 | 50,718 | -0.2% |
| All Share | 103,057 | -0.2% |