Aisha Steel Mill Maintains Opening Price Amid Varied Trading on Pakistan Stock Exchange

Stock Exchange Announcements

Karachi, Aisha Steel Mill (ASL) showed a steady performance in its stock price while experiencing mixed results in futures trading on the Pakistan Stock Exchange (PSE) for the day ending January 29, 2024.

Aisha Steel Mill, with company code ASL and number 808, opened and closed the trading day at PKR 8.1. Throughout the session, the stock price fluctuated, reaching a low of PKR 7.7 and a high of PKR 7.76, with a significant trading volume of 1,965,941 shares, eventually closing at PKR 7.85.

In the futures market, Aisha Steel Mill's instruments saw varied activity. The ASL-APR future, which did not have any trades executed, was noted with a closing price of PKR 8.34, following a high of PKR 8.24. The ASL-FEB instrument reported a trading volume of 172,500 shares, maintaining its opening price at PKR 8.3 and closing slightly lower at PKR 7.96 after ranging between PKR 7.81 and PKR 7.89. Additionally, the ASL-MAR future, with no trades completed, closed at PKR 8.19, from a high of PKR 8.09.

This trading day underscored a stable outlook for Aisha Steel Mill's stock, alongside a spectrum of performances in its futures contracts on the Pakistan Stock Exchange.