Aisha Steel Mill Reports Stable Closing Prices Amidst Trading Fluctuations

Karachi, The Pakistan Stock Exchange (PSE) witnessed varied trading activity for Aisha Steel Mill on February 16, 2024, with the company's shares showing a mix of stability and slight fluctuations in their trading prices throughout the day.

Aisha Steel Mill, identified by the company code ASL, opened and closed at a price of 6.9, maintaining stability in its stock value. Throughout the trading session, the stock hit a low of 6.35 and a high of 6.52, with a total of 899,798 shares traded, eventually closing at 6.64.

In contrast, the company's April futures, represented as ASL-APR, did not see any trading activity, with both the opening and closing prices marked at zero. Despite the lack of trades, the futures were valued at 6.97 by the day's end.

February futures for Aisha Steel Mill, listed as ASL-FEB, experienced a slight variation, opening and closing at 6.7. The stock fluctuated between a low of 6.5 and a high of 6.5 during the session, with 37,000 shares traded, concluding at a closing price of 6.73.

Similarly, the March futures of the company, denoted as ASL-MAR, also did not witness any trading activity, with opening and closing prices recorded at zero. However, these futures were evaluated at 6.84 at the close of the market.

The trading day for Aisha Steel Mill showcased a blend of stability in its primary stock while observing nominal activity in its future contracts, reflecting a cautious yet steady approach by the investors.