PSX · POWER GENERATION & DISTRIBUTION · Explained move
Altern Energy
On 16 Oct 2026, ALTN rose 5.24% to close at Rs 6.83, on 5.01× its 20-day average volume. It opened 1.54% above the previous close. Its sector moved the same way: the median name rose 0.22%, and 11 of 16 names were up. 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 3.30× the stock's usual daily move. Exchange notices in the last two sessions: board meeting.
Open the chart on 16 Oct 2026
The day's numbers
- Close
- Rs 6.83
- Change on the day
- +5.24%
- Gap at the open
- +1.54%
- Shares traded
- 583,098
- Volume against its 20-day average
- 5.01×
- KSE-100 the same day
- +0.14%
The record's sentence
ALTN closed up 5.2% at Rs 6.83. Its sector's typical stock rose 0.2%; the KSE-100 rose 0.1%. So this was ALTN's own move. 583,098 shares traded, 5.0 times a normal day. It is still 51.5% below its 52-week high of Rs 14.09.
Source: the explained-move record for the session of 16 Oct 2026, written 17 Oct 2026.
Facts from the exchange. Not advice.