Oil & Gas Development Company Experiences Notable Trading Day on PSE

Karachi, The Pakistan Stock Exchange closed on Thursday with significant activity recorded for Oil & Gas Development Company (OGDC), highlighting a day of notable trading for the entity across different future months.

OGDC, a leading entity in the energy sector, witnessed its shares moving from an opening price of PKR 123.25 to a closing price of PKR 127.86. The stock fluctuated between PKR 123.25 and PKR 125.12 throughout the trading day, with a total of 10,849,918 shares exchanged, closing at PKR 123.17.

For OGDC’s April futures, no trading activity was reported as both the opening and closing prices remained at zero, despite a set high of PKR 130.27. The closing price was notably listed at PKR 128.33.

The March futures for OGDC also saw active trading, beginning at PKR 124.2 and closing at PKR 128.5. The shares ranged between PKR 123.99 and PKR 125.49, with a total of 4,645,500 shares traded, finalizing at PKR 123.77.

Furthermore, no trading was recorded for OGDC’s May futures, with the high reaching PKR 133.43 and the closing price standing at PKR 131.44, indicating a speculative interest in the future months.