National Foods Sees Varied Trading Activity in Futures on PSX

Stock Exchange Announcements

Karachi, Shares of National Foods experienced varied trading activities in futures contracts on the Pakistan Stock Exchange (PSX), with significant attention on May, June, and July futures. The company's spot market shares closed at PKR 175.17 after opening at PKR 174.52.

According to information available from the Pakistan Stock Exchange (PSX), National Foods' futures contracts for May, June, and July saw differing high points throughout the trading session. The May futures peaked at PKR 173.42 before closing at PKR 176.68. June futures rose to a high of PKR 176.87, ultimately settling at PKR 180.19 at the close. July futures topped at PKR 180.33, ending the day at PKR 183.71.

In the spot market, National Foods opened at PKR 174.52 and swung between a low of PKR 171 and a high of PKR 172.06, with a total of 16,351 shares traded before closing at PKR 175.17. The trading activity reflects the market's ongoing adjustments to both spot and future expectations for the company's stock.