Karachi (PPI Bot): Oil & Gas Development Company (OGDC), a leading entity in Pakistan's energy sector, exhibited strong growth in both its regular stock trading and futures contracts on the Pakistan Stock Exchange (PSE) as of November 16, 2023. In the regular market, under the code OGDC, the company's stock opened at PKR 108 and surged to a closing of PKR 114.7. It oscillated between a low of PKR 106.53 and a high of PKR 113.84, with a staggering trading volume of 28,731,264 shares, leading to a closing price of PKR 106.76.

In the futures market, OGDC displayed notable trends. The December futures contract (OGDC-DECB) opened at PKR 111.11 and closed at a significantly higher PKR 116.1, with the same figures for its low and high, involving a trading volume of 98,000 shares, leading to a closing price of PKR 108.

The January futures contract (OGDC-JANB) showed no trading activity, with opening and closing prices at PKR 0. However, it reached a high of PKR 119.63, with a closing price noted at PKR 112.26.

The November futures contract for OGDC (OGDC-NOVC) opened at PKR 108.56 and closed higher at PKR 115.5. This contract experienced a low of PKR 107.02 and a high of PKR 114.47, with a total of 12,334,500 shares traded, resulting in a closing price of PKR 107.7.

These figures reflect strong performance for Oil & Gas Development Company in the regular stock market and futures contracts on the PSE, indicating robust investor confidence in the company's performance and potential growth in the energy sector.