PSX · TEXTILE COMPOSITE · Explained move
Faisal Spinning Mills
On 16 Oct 2026, FASM fell 6.86% to close at Rs 288.72, on 2.02× its 20-day average volume. It opened 4.47% above the previous close. Its sector's median name was unchanged. The KSE-100 rose 0.14% the same day. Across the market, foreign investors sold a net Rs 120.24M, which local investors bought. The move was 2.70× the stock's usual daily move.
Open the chart on 16 Oct 2026
The day's numbers
- Close
- Rs 288.72
- Change on the day
- −6.86%
- Gap at the open
- +4.47%
- Shares traded
- 531
- Volume against its 20-day average
- 2.02×
- KSE-100 the same day
- +0.14%
The record's sentence
FASM closed down 6.9% at Rs 288.72 while the KSE-100 rose 0.1%. Its sector's typical stock was flat: 11 rose and 18 fell. So FASM fell on its own. 531 shares traded, 2.0 times a normal day. It is still 9.5% above its 52-week low of Rs 263.76.
Source: the explained-move record for the session of 16 Oct 2026, written 17 Oct 2026.
Facts from the exchange. Not advice.