07/08/2026
📊 *JISPL Pre-Market Brief — Friday, August 7, 2026*
*Market Snapshot
Last Official Close — Thu Aug 6)*
• KSE-100: 181,776.59
(▲ +1,761.66 pts, +0.98%)
• Intraday range: 180,627 — 182,007
• Two-day rally: +4,693 points
(Wed & Thu combined)
• YTD: +4.44% | 1-Year: +24.81%
*Market Sentiment*
Strong bullish momentum heading into Friday.
The benchmark reclaimed the 180K level on Wednesday after 16 sessions below it, then pushed past 181K on Thursday.
Broad-based buying across banks, cement, fertiliser, E&P, and power sectors.
Foreign buying reported at Rs771.9M on Wednesday. Sentiment is positive but some profit-taking at higher levels is likely after two sharp sessions.
*Sectors & Themes to Watch Today*
🔹 *Banking & Financials* — UBL, HBL, Meezan, Bank Al Habib, MCB led gains.
Corporate earnings season underway — watch for results.
🔹 *Oil & Gas / E&P* —
Brent crude eased to ~$80/bbl (from ~$86) on US-Iran de-escalation.
PPL announced its 4th hydrocarbon discovery at Shah Bandar.
Mari Energies among heavyweight movers.
Lower oil helps Pakistan's import bill but watch OMC margins.
🔹 *Cement* —
Lucky Cement, Maple Leaf, Engro in focus.
July cement despatches rose 6% YoY — positive demand signal.
🔹 *Fertiliser* —
Fauji Fertiliser, Engro Holdings active on improved gas supply outlook and agronomic demand.
🔹 *Gold / Safe Haven* —
Gold at $4,268/oz and Rs449,236/tola —
sharp gains. Gold-related scrips may attract attention.
*Key Events & Risks Before Trading*
⚠️ *Geopolitics:*
US-Iran diplomatic talks are progressing (Trump cited "very good discussions").
Any reversal could spike oil prices and hit sentiment.
The Strait of Hormuz situation remains sensitive — Iran's proposed Hormuz deal with Oman under review.
⚠️ *Fuel Prices:*
Govt cut petrol by Rs3.19 to Rs329.82/litre and HSD by Rs1.50 to Rs382.36.
Daily fuel pricing mechanism now active — monitor for daily revisions.
⚠️ *External Financing:*
Pakistan has requested China to refinance $1.3 billion commercial loan —
inflows expected later in August if terms are finalised.
Positive for external account stability.
⚠️ *Pak-Iran Trade:*
FTA discussions progressing with $10 billion trade target.
Border crossings now open 24/7.
Long-term trade connectivity catalyst.
⚠️ *Corporate Earnings:*
Earnings season is ongoing —
sector-specific results could drive individual scrip movement.
*Compliance Note*
This brief is general market research and commentary for informational purposes only. It is not personalised investment advice. Investing in securities carries risk. Please consult a qualified financial advisor before making investment decisions.
*Javed Iqbal Securities (Pvt) Ltd*
📱 WhatsApp: +92-321-1234-566
🌐 jisecurities.com
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✅ *Data verification status:* All figures sourced and verified from PSX Data Portal (dps.psx.com.pk) and Express Tribune (tribune.com.pk). Web search was unavailable this morning; data was fetched directly from official and reputable sources.
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