Pakistani Stock Market Sees Varied Performance in Bulk Trading Sector

Stock Exchange Announcements

Karachi, Today's trading session on the Pakistan Stock Exchange ended with mixed results in the bulk trading sector, specifically for Pakistan International Bulk (PIBTL). The company's shares experienced fluctuations in their prices across different future contracts for March, April, and May.

PIBTL, listed under the company code 833, saw its stock open at a price of PKR 5.99 and close slightly higher at PKR 6.11. The stock reached a low of PKR 5.93 and a high of PKR 6.01 during the session. A total of 4,374,500 shares were traded, with the closing price settling at PKR 5.97.

The April futures contract for PIBTL, listed as PIBTL-APR with a company number of 40, did not see any trading activity. The prices remained static at zero throughout the session, with the contract's high capped at PKR 6.21 and the closing price marked at PKR 6.19.

In the March futures, identified as PIBTL-MAR with the same company number, the opening price was PKR 6.08, with a close at PKR 6.2. The stock fluctuated between a low of PKR 6 and a high of PKR 6.07, ending the day with 724,000 shares traded and a closing price of PKR 6.04.

Lastly, the May futures for PIBTL, known as PIBTL-MAY and also numbered 40, mirrored the inactive state of the April futures with no trades conducted. Despite the lack of activity, the futures were listed with a high of PKR 6.37 and closed at PKR 6.34.