Buxly Paints Sees Share Price Adjustment on Pakistan Stock Exchange

Karachi, Buxly Paints, trading under the code BWCL, experienced an adjustment in its share price on the Pakistan Stock Exchange on December 7, 2023. The company's shares opened at PKR 109.98 and moved to a close of PKR 111.2. The stock traded between a low of PKR 105.5 and a high of PKR 108.11, with a total of 36,500 shares exchanged. The session concluded with a closing price of PKR 106.53.

Maple Leaf Cement Sees Activity in Regular and Futures Trading

Karachi, Maple Leaf Cement (MLCF) experienced active trading in the Pakistan Stock Exchange on December 7, 2023. The company's shares opened at PKR 42.4 and closed at a slightly higher price of PKR 43.1. Throughout the trading day, the stock fluctuated between a low of PKR 41.91 and a high of PKR 42.12. A significant number of shares, totaling 10,095,805, were traded, with the closing price recorded at PKR 42.1.

In the futures market, Maple Leaf Cement's December futures (MLCF-DEC) showed an upward movement, opening at PKR 43.2 and closing at PKR 43.8. The futures reached a high of PKR 42.91, with 4,196,500 shares traded, closing at PKR 42.92.

The company's February futures (MLCF-FEB) and January futures (MLCF-JAN), however, did not observe any trading activity. Despite this, the February futures recorded a high of PKR 44.48 and closed at PKR 44.49, while the January futures reached a high of PKR 43.63 and closed at PKR 43.64.

These figures demonstrate the trading trends and market expectations for Maple Leaf Cement in both the regular and futures markets.

Al falah Consumer Index ETF NC Reports Growth in ETF Market

Karachi, Al falah Consumer Index ETF NC (ACIETF) has shown a positive trend in the Pakistan Stock Exchange with a rate of Rs. 10.99 as of today, matching its daily weighted average rate. The fund size stands at Rs. 48.048 million, with the fiscal year ending in June. ACIETF, listed in 2022, has not distributed any dividends since its listing. The ETF's market lot is 500, with a par value of Rs. 10. The previous book closure was in 2022. From January to November 2023, ACIETF's highest rate was Rs. 8.49, and the lowest was Rs. 5.97, with a turnover of 2,071,000. The iNAV high rate was Rs. 8.13.

Mughal Iron Witnesses Moderate Fluctuations in Stock and Futures Trading

Karachi, Mughal Iron (MUGHAL) observed moderate fluctuations in its stock price during the trading session on December 7, 2023, at the Pakistan Stock Exchange. The company's shares opened at PKR 74.6 and experienced a slight increase, closing at PKR 75.48. The stock moved between a low of PKR 72.67 and a high of PKR 73.45. A significant number of shares, 1,607,089 in total, were traded, leading to a closing price of PKR 73.97.

In the futures market, Mughal Iron's December futures (MUGHAL-DEC) opened at PKR 75.6 and closed higher at PKR 76.6. The futures reached a high of PKR 75.2, with 317,500 shares traded, ending the day at a closing price of PKR 75.14.

The company's February futures (MUGHAL-FEB) and January futures (MUGHAL-JAN) did not record any trading activity. Nonetheless, the February futures marked a high of PKR 77.57 and closed at PKR 78.17, while the January futures recorded a high of PKR 76.09 and closed at PKR 76.68.

These movements in Mughal Iron's stock and futures indicate the market's response to the company's performance and future expectations.

National Foods Observes Steady Performance in Regular Market, Future Contracts Indicate Higher Closing

Karachi, National Foods (NATF) maintained a steady performance in the regular stock market during the trading session on December 7, 2023, at the Pakistan Stock Exchange. The company's shares opened and closed at the same price of PKR 152. During the day, the stock saw a low of PKR 145.5 and a high of PKR 147.05, with 105,500 shares traded. The closing price was slightly higher than the opening, at PKR 152.09.

In the futures market, National Foods' future contracts for December (NATF-DEC), February (NATF-FEB), and January (NATF-JAN) showed no trading activity. However, the December futures indicated a potential high of PKR 149.38, closing at PKR 154.6. The February futures suggested a high of PKR 155.3, closing at an elevated price of PKR 160.73, while the January futures recorded a high of PKR 152.34, closing at PKR 157.67.

These figures in the futures market indicate expected higher closing prices for National Foods in the coming months, despite the absence of actual trades on this day.

JS Global Banking Sector ETF NC Shows Notable Presence in ETF Market

Karachi, JS Global Banking Sector ETF NC (JSGBETF) has been active in the ETF market with a rate of Rs. 14.04. The fund size is reported at Rs. 58.686 million, with the year ending in December. JSGBETF, which was listed in 2023, has not declared any dividends to date. The ETF holds a market lot of 500 and a par value of Rs. 10. In the period from January to November 2023, JSGBETF achieved a high rate of Rs. 11.4 and a low rate of Rs. 9.8, resulting in a turnover of 5,568,000. The iNAV high rate stood at Rs. 10.71.

NBP Pakistan Growth ETF Futures Indicate Slight Variations in Closing Prices

Karachi, NBP Pakistan Growth ETF (NBPGETF) observed slight variations in the futures market for December, January, and February during the trading session on December 7, 2023, at the Pakistan Stock Exchange, despite no actual trading activity.

The December futures contract for NBP Pakistan Growth ETF (NBPGETF-DEC) indicated a high of PKR 13.44, closing marginally higher at PKR 13.45. This slight increase in the closing price suggests expectations for the fund's performance in December.

Similarly, the February futures contract (NBPGETF-FEB) recorded a high of PKR 13.97, closing at PKR 13.98. This indicates a slightly higher market expectation for the fund in February.

The January futures contract (NBPGETF-JAN) followed a similar pattern, with no trades executed but showing a potential high of PKR 13.71 and closing at PKR 13.72.

These figures reflect the anticipated market sentiment for NBP Pakistan Growth ETF in the coming months, as perceived by the market participants in the absence of actual trading.

Nishat Chunian Power Reports Growth in Regular Trading, Futures Show Upward Trend

Karachi, Nishat Chunian Power Ltd. (NCPL) exhibited growth in its stock price in the Pakistan Stock Exchange on December 7, 2023. The company's shares opened at PKR 26.13 and closed higher at PKR 26.59. Throughout the trading session, the stock moved between a low of PKR 26 and a high of PKR 26.22. A significant number of shares, 1,771,187 in total, were traded, concluding with a closing price of PKR 25.96.

In the futures market, Nishat Chunian Power's December futures (NCPL-DEC) showed an upward movement, opening at PKR 26.7 and closing at PKR 27. The futures peaked at PKR 26.8, with 219,000 shares traded, ending at a closing price of PKR 26.6.

The company's February futures (NCPL-FEB) and January futures (NCPL-JAN) did not record any trading activity. Despite this, the February futures indicated a high of PKR 27.69, closing at PKR 27.43, while the January futures reached a high of PKR 27.16 and closed at PKR 26.91.

These figures demonstrate the trading activities and market expectations for Nishat Chunian Power in both the regular and futures markets.

JS Momentum Factor ETF NC Maintains Steady Performance in Market

Karachi, The JS Momentum Factor ETF NC (JSMFETF) recorded a rate of Rs. 13.90 in the Pakistan Stock Exchange. With a fund size of Rs. 76.799 million and the fiscal year ending in June, JSMFETF has not issued any dividends since its listing in 2022. The ETF's market lot is 500, and the par value is Rs. 10. Between January and November 2023, JSMFETF's highest and lowest rates were Rs. 10.62 and Rs. 7.56, respectively, with a significant turnover of 32,816,500. The iNAV high rate was reported at Rs. 9.69.

NIT Pakistan ETF Futures Indicate Slight Variations in Closing Prices

Karachi, NIT Pakistan ETF (NITGETF) saw slight variations in its futures prices for December, January, and February during the trading session on December 7, 2023, at the Pakistan Stock Exchange, despite no actual trading activity.

The December futures contract for NIT Pakistan ETF (NITGETF-DEC) indicated a high of PKR 15.54, closing marginally higher at PKR 15.55. This minimal increase in the closing price reflects expectations for the fund's performance in December.

Similarly, the February futures contract (NITGETF-FEB) recorded a high of PKR 16.16, closing at PKR 16.17. This suggests a slightly higher market expectation for the fund in February.

The January futures contract (NITGETF-JAN) followed a similar pattern, showing a potential high of PKR 15.85 and closing at PKR 15.86.

These figures represent the anticipated market movements for NIT Pakistan ETF in the futures market, despite the absence of actual trades on this day.