Author: Web Desk

Karachi, Roshan Packages Ltd. (RPL), experienced a slight increase in its share price, from PKR 12.1 to PKR 12.19, with a trading volume of 12,000 shares. The stock fluctuated between PKR 11.7 and PKR 11.76, concluding the session at PKR 11.79, reflecting a positive market response to the packaging company.

Karachi, The Automobile Assembler sector witnessed a notable rise in its market index, reflecting positive momentum within the industry. With a market capitalization of Rs. 432,260,021,161 and a turnover of 7,252,778, the sector's traded value stood at Rs. 1,210,794,893.350. The previous index of 53,490.760 rose to 53,602.720, marking an increase of 111.960. This sector accounts for 4.595% of the market capitalization and 3.037% of the total capitalization, indicating a significant role in the Pakistan Stock Exchange.

Karachi, Reliance Cotton Spinning Mills Ltd. (RCML) saw its shares remain steady at an opening and closing price of PKR 452, amidst a trading volume of 15,000 shares. The session concluded marginally lower at PKR 451.99, indicating a nearly stable market position for the company in the textile sector.

Karachi, Mirpurkhas Sugar Mills Limited has laid out the timetable for its rights issue, aiming to bolster its capital. Trading in the letter of right (MIRKSR) is slated to begin on April 8, 2024, with trading concluding on April 29, 2024. The final date for payment or renunciation of rights has been scheduled for May 7, 2024. The rights issue is marked at a premium of 15.00/-, indicating the company’s positive outlook towards its future prospects and commitment to adding value for its shareholders.

Karachi, Saritow Spinning Mills Ltd. (SSML) maintained its opening price of PKR 5.41, with a total of 3,000 shares traded. The stock observed a low matching its high for the day at PKR 5.31, concluding the session at a higher price of PKR 5.55, suggesting a stable yet positive investor outlook towards the textile manufacturer.

Karachi, EMCO Industries recorded a stable stock price at 33.85 for both the opening and closing amidst a trading volume of 26,000 shares. The stock exhibited negligible fluctuation, with a low at 33.84 and closing significantly lower at 31.49.

Karachi, Sapphire Fiber Ltd. (SFL), a leading manufacturer in the fiber sector, experienced a slight increase in its share price, opening at PKR 1401 and closing at PKR 1405. With an extremely limited trading volume of 60 shares, the session concluded significantly higher at PKR 1500, reflecting strong investor confidence in the company’s market performance.

Karachi, EFU General showed no opening or closing price movement, with a singular transaction recorded at 88 on the Pakistan Stock Exchange, suggesting a static day with minimal trading activity reflected in a closing price of 88.

Karachi, Samba Bank Ltd. (SBL) remained steady at its opening and closing price of PKR 12 in today's trading session, with a limited volume of 1,000 shares traded. The stock showed a remarkable decrease in its closing price to PKR 11, indicating a slight downturn in investor interest by the end of the day.

Karachi, ECOPACK Ltd's shares remained steady at an opening and closing price of 13.7 despite a trading volume of 2,500 shares. The day saw the stock's price dip to a low of 13.3 before rebounding, ending at a higher valuation of 14.

Karachi, Sakrand Sugar Mills Ltd. (SKRS) saw an increase in its share price from PKR 8.56 to PKR 8.8, showcasing growth in a modest trading volume of 8,500 shares. The stock achieved its high at PKR 8.8, closing slightly higher at PKR 8.87, suggesting a positive market response and investor optimism towards the sugar industry.

Karachi, Dost Steels Ltd. saw its stock price rise from 5.51 to 5.7 in a notably active trading session on the Pakistan Stock Exchange. The company's shares fluctuated between 5.4 and 5.56 throughout the day, with a total of 503,500 shares traded, closing at a slightly lower value of 5.66.