Category: Stock Exchange Announcements

Karachi, Indus Dyeing maintained a consistent position in the market on April 8, 2024. The shares stayed flat at PKR 123 throughout the session, closing precisely at the opening price with a trading volume of 1,300 shares, reflecting a slight decline from the previous close of PKR 122.84.

Karachi, Khyber Tobacco Company observed a notable increase in its share price amidst an active trading day on the PSE on April 8, 2024.

Starting the day at PKR 270.1, the company's shares climbed to a high of PKR 275.89, closing slightly lower at PKR 273.6. With a total of 4,900 shares traded, the average price was calculated at PKR 274.77.

Karachi, Kohinoor Power Company experienced an active trading session on the Pakistan Stock Exchange (PSE) on April 8, 2024, with its share price seeing modest fluctuations.

The company's shares (KOHP) opened at PKR 5.65 and reached a peak of PKR 5.8 before closing at PKR 5.63, just below the opening value. The trading volume for the day was 38,500 shares with an average price ending higher at PKR 5.84.

Karachi, JS Global Banking ETF, an exchange-traded fund reflecting the banking sector's performance, reported its financial details to the Pakistan Stock Exchange (PSE) for April 8, 2024. The trading details pointed to the future price expectations of the fund despite no trading activity on the given day.

The ETF itself (JSGBETF) registered a minimal activity, with only 1,000 shares traded, and both the opening and closing prices, as well as the average price, were logged at PKR 15.3. This singular trade indicates a moment of steadiness for the fund.

For the futures market, no trading activity was reported for April (JSGBETF-APRB), May (JSGBETF-MAY), or June (JSGBETF-JUN) contracts. However, settlement prices were stated as PKR 15.5 for April, PKR 15.89 for May, and PKR 16.19 for June futures, with average prices very closely aligned at PKR 15.51, PKR 15.9, and PKR 16.21, respectively. These settlement and average prices suggest investors' expectations of a gradual upward movement in the JS Global Banking ETF's value in the upcoming months.

Karachi, Gul Ahmed Textile Mills Limited saw a slight increase in its stock performance on the Pakistan Stock Exchange as of April 8, 2024. The company's shares opened at PKR 19.99 and touched a high of PKR 20.24 before settling back down to a low of PKR 19.96. The shares closed slightly higher at PKR 20.06, compared to the opening price, with a total of 515,017 shares being traded during the session.

The April futures for Gul Ahmed (GATM-APR) also experienced a modest increase, opening and peaking at PKR 20.2 and PKR 20.41 respectively, before closing at PKR 20.26. The trading volume for these futures stood at 94,000 contracts, indicating steady investor interest.

Moreover, the June (GATM-JUN) and May (GATM-MAY) futures for Gul Ahmed did not see any trading activity during the day. However, they were marked higher at close, with June futures closing at PKR 21.23 up from PKR 21.11, and May futures closing at PKR 20.83 from a previous PKR 20.71.

Karachi, Fauji Cement Company Limited (FCCL), a leading cement producer in Pakistan, disclosed its trading activities on the Pakistan Stock Exchange (PSE) for April 8, 2024, detailing the performance of its ordinary shares and futures contracts for April, May, and June.

The trading data for Fauji Cement's ordinary shares (FCCL) showed a significant trading volume of 4,054,715, with the shares opening at PKR 18.1 and closing higher at PKR 18.24. The average trading price for the day was reported at PKR 17.96, indicating investor interest in the company's stock.

In the futures market, Fauji Cement's April futures contracts (FCCL-APR) registered a trading volume of 675,000 shares, opening at PKR 18.16 and closing at a higher price of PKR 18.45. The average price for these futures was PKR 18.19, showing positive sentiment towards the company's future performance.

The May (FCCL-MAY) and June (FCCL-JUN) futures contracts reported no trading activity on the day. However, the settlement prices were recorded at PKR 18.94 and PKR 19.31, respectively, with the average prices for these futures set at PKR 18.66 and PKR 19.02. These figures indicate expected future trends in Fauji Cement's stock price, as perceived by the market.

Karachi, Cnergyico PK, a noted entity in the energy sector, commanded significant trading interest on the Pakistan Stock Exchange (PSE) on April 8, 2024. The trading day highlighted active investor participation and market movements concerning the company's shares.

On this particular day, Cnergyico PK's (CNERGY) shares were actively traded, with prices holding steady at an opening and high of PKR 4.65, before closing slightly lower at PKR 4.53. The remarkable trading volume of 14,680,380 shares underscored strong market attention and investor involvement with the company, reflecting its impact on the energy sector and investor portfolios.

In the futures market, CNERGY-APR contracts were notably active, starting and peaking at PKR 4.72, then closing at PKR 4.57. The substantial trading volume for these contracts, reaching 6,199,000 shares, indicated vigorous investor interest and speculation on the company's short-term financial prospects.

However, there were no transactions reported for CNERGY-JUN and CNERGY-MAY futures, with their prices quoted at PKR 4.79 and PKR 4.7, respectively. The absence of trades in these future contracts might suggest investor caution or an analytical pause, as market participants evaluate Cnergyico PK's future trajectory against broader economic and sectoral indicators.

The day's trading activities for Cnergyico PK illustrate the company's relevance in the energy market and the active engagement of investors with its stock, providing insights into market sentiments and potential future trends.

Karachi, Azgard Nine, a prominent player in the textile industry, exhibited significant trading activity on the Pakistan Stock Exchange, with its stock showing a robust performance on Monday. Moreover, the futures market for Azgard Nine displayed stability, as outlined in the latest financial announcements.

The company's shares, trading under the ticker ANL, experienced a trading volume of 199,384 shares. Throughout the session, the share price fluctuated between PKR 7.19 and PKR 7.5, ultimately closing at PKR 7.39. This closing price represents a slight increase from the opening price of PKR 7.3, indicating positive investor sentiment towards the company.

In the realm of futures trading, April futures for Azgard Nine, listed as ANL-APR, did not witness any trading activity. However, they were last quoted at PKR 7.49, which is marginally lower than the opening price of PKR 7.52. This suggests a stable yet cautious outlook from investors regarding the company's near-term financial performance.

The trading activities of Azgard Nine reflect active investor engagement and a stable outlook in the futures market. The data presented highlights a positive day of trading for the company, with the stock closing higher than its opening price, and the futures market indicating investor confidence in the company’s ongoing stability.

Karachi, In Monday's trading session at the Pakistan Stock Exchange (PSE), Pakistan Alumin (PABC) witnessed fluctuating share prices, as reported in the market summary at the close of the trading day. The company, listed under the code 818, saw its opening price at 73 and a closing price slightly higher at 73.85, marking a positive shift. The stock hit a low of 71.5 and a high of 72.68 throughout the trading day, with a total of 351,137 shares traded, closing at 72.69.

In specific futures trading, Pakistan Alumin's April futures (PABC-APR), with a company code of 40, showed no change in its opening and closing prices, both recorded at 73.4. The stock remained stable throughout the session with a total of 19,000 shares traded, and its closing price slightly lower at 73.31.

However, the June and May futures for Pakistan Alumin (PABC-JUN and PABC-MAY, respectively) indicated no trading activity, with both opening and closing prices at 0. Notably, the June futures are projected at a closing price of 76.99 following a high of 76.93, while the May futures are anticipated to close at 75.52 after reaching a high of 75.46.

These movements in the shares of Pakistan Alumin highlight the company's active presence on the Pakistan Stock Exchange, reflecting investors' varied responses to its performance and prospects.

Karachi, In a detailed trading update provided to the Pakistan Stock Exchange, Agha Steel Industries showcased active trading activity and a nuanced performance across its various listings on Monday. The data presents a snapshot of trading volumes and price movements, reflecting investor engagement with the company’s securities.

The primary stock of Agha Steel Industries, coded as AGHA, saw a trading volume of 1,081,750 shares. The stock’s price fluctuated between PKR 10.03 and PKR 10.38 during the trading session, eventually closing at PKR 10.29, slightly above its opening price of PKR 10.18.

In the derivatives market, Agha Steel's April futures, listed as AGHA-APR, recorded a trading volume of 11,000 contracts. Prices for these futures ranged from PKR 10.1 to PKR 10.63, closing at PKR 10.52, compared to an opening position of PKR 10.24.

The June futures of Agha Steel, identified as AGHA-JUN, did not witness any trading activity on the reported day. The futures were last quoted at PKR 10.89, with a previous close of PKR 10.78, indicating expectations of a future price increase.

Additionally, the May futures, AGHA-MAY, had a minimal trading volume of 500 contracts. These traded at a consistent price of PKR 11.3 throughout the session, marking a slight increase from the opening price of PKR 11.2.

The trading activity across Agha Steel Industries’ stock and futures indicates varied investor sentiment and market dynamics affecting the company’s securities. It offers a glimpse into the speculative and actual trading positions held by investors in response to the company’s market performance.

Karachi, In the latest closing summary of the Pakistan Stock Exchange (PSE), Silk Bank Ltd reported its share trading performance with the price remaining steady at 0.97 for the standard listing. Additionally, the bank provided projections for its shares in the coming months, indicating slight increases.

Silk Bank Ltd's standard shares opened and closed at 0.97, with a low and high for the day both recorded at 0.95. A total of 820,000 shares were traded, closing at a price of 0.96.

In future trading, Silk Bank Ltd projected its shares for April (SILK-APR) at a close of 0.97, despite no shares being traded. The projected high was noted at 0.96. Similarly, for June (SILK-JUN), the bank projected its shares to close at 1.02 with a high of 1.01, and for May (SILK-MAY), shares are projected to close at 1.00 with a high of 0.99, both without any shares traded.

These figures represent the bank's anticipation of a slight increase in share value over the next few months, as indicated by the projections for April, May, and June.

Karachi, Shaheen Insurance Company Limited (SHNI) concluded Monday’s trading on the Pakistan Stock Exchange with its stock price showing minimal change, closing at PKR 5.3, equal to its opening price. The stock fluctuated between PKR 5.01 and PKR 5.23 throughout the trading day, with 68,000 shares traded. The closing price settled slightly lower at PKR 5.14.