Pakistan Stock Exchange Witnesses Minor Fluctuations in Dewan Cement Shares

Karachi, In the latest financial announcements provided to the Pakistan Stock Exchange (PSE), Dewan Cement, listed under the company code DCL, exhibited minor fluctuations in its trading performance on March 12, 2024. The company’s shares opened at a price of 7.3 PKR and closed at the same rate, with a low of 6.95 PKR and a high of 7 PKR throughout the trading day. A total of 432,000 shares were traded, closing at a price of 7.23 PKR.

In related futures trading, Dewan Cement's April futures (DCL-APR) and May futures (DCL-MAY) were observed without any opening or closing trades, indicating a stagnant performance with closing prices set at 7.47 PKR and 7.65 PKR respectively. The lack of trading activity in these futures suggests a wait-and-see approach from investors regarding the company's future performance.

Moreover, Dewan Cement’s March futures (DCL-MAR) witnessed slight activity, opening at 7.2 PKR and closing marginally higher at 7.21 PKR. The trading range was narrow, with a low of 7 PKR and a high of 7.04 PKR, reflecting a cautious market sentiment. A total of 74,500 shares were traded, ending at a closing price of 7.31 PKR.

This day's trading session underscores the subtle yet notable shifts in investor confidence and market dynamics affecting Dewan Cement’s stock performance on the PSE. With the company’s shares and futures experiencing minimal variations, stakeholders are closely monitoring these developments as part of their broader investment strategies.

Cherat Packaging Closes Marginally Higher in Latest Session

Karachi, Cherat Packaging (CPPL) concluded the trading day on 12 March 2024 with a slight increase in its closing price to PKR 126, compared to its opening price of PKR 125. The stock's prices ranged from PKR 123 to PKR 123.84, with a modest trading volume of 3,400 shares, leading to a final price of PKR 125.52.

Al-Abbas Sugar Maintains Steady Performance on Pakistan Stock Exchange

Karachi, Al-Abbas Sugar (AABS) maintained a steady performance in today's trading session on the Pakistan Stock Exchange (PSE), with its shares opening and closing at PKR 545. The company's stock saw no fluctuation throughout the day, holding steady at its opening price. A total of 50 shares were traded during the session.

Orient Rental Maintains Its Opening Price in Today’s Trading

Karachi, In today's trading session, Orient Rental (ORM) saw its shares traded at a steady rate, opening and closing at PKR 6.99. The company's stock did not experience any fluctuation throughout the day, with both the lowest and highest prices recorded at PKR 6.99. A total of 3,000 shares were traded. The closing price remained stable at PKR 6.99.

Nestle Pakistan Maintains Premium Market Position

Islamabad, Nestle Pakistan (NESTLE) maintained its position in the market with a closing price of 7500.01 on March 12, 2024, aligning with its opening price. The shares hit a low of 7480 during the session, with a mere 80 shares traded, culminating in a higher closing valuation of 7577.77.

Oilboy Energy L Shares Remain Stable in Trading Session

Karachi, Oilboy Energy L (OBOY) maintained a steady performance in the stock market, opening and closing at PKR 5.6. The stock’s price fluctuated between PKR 5.4 and PKR 5.42, with a total of 47,500 shares traded during the day. The closing price was slightly higher at PKR 5.67, as reported on the Pakistan Stock Exchange on March 12, 2024.

Media Times Ltd Reports Increase in Closing Price

Islamabad, Media Times Ltd (MDTL), a notable entity on the Pakistan Stock Exchange, experienced a notable change in its stock performance as of March 12, 2024. Opening at a price of 1.71, the stock saw a closing at 1.83, with the day's low and high both at 1.66. A total of 182,000 shares were traded, with the stock eventually settling at a closing price of 1.74.

Burshane LPG Sees Stable Trading Session

Karachi, Burshane LPG's stock remained stable during today's session on the Pakistan Stock Exchange. Opening and closing at PKR 16.93, the shares saw a low of PKR 16.75 and a high of PKR 16.84. The trading volume was recorded at 2,500 shares, with the stock's closing price adjusting to PKR 17.05.

Loads Limited Experiences Increment in Stock Value

Karachi, Loads Limited (LOADS) recorded a slight increase in its stock price, according to the Pakistan Stock Exchange summary for March 12, 2024. Opening at 8.71, the closing price advanced to 8.82. The stock's price moved between 8.25 and 8.31 during the trading session, with a total of 516,000 shares changing hands. The final closing price was noted as 8.8.

Engro Fertilizers Witnesses Varied Activity in Pakistan Stock Exchange

Karachi, In today's Pakistan Stock Exchange (PSE) market summary, Engro Fertilizers (EFERT) displayed a range of activities across its stocks, according to the closing figures released for 12 March 2024. Engro Fertilizers, listed under the company code EFERT, saw its primary stock open at 147.15 and close at 148.2 with a low and high for the day at 147.15 and 147.45, respectively. A total of 233,439 shares were traded, culminating in a closing price of 147.61.

Furthermore, different series of Engro Fertilizers stocks were noted for their performance on the same day. The April series (EFERT-APRB) did not record any trading activity, maintaining its opening and closing figures at 0, with a high mark at 143.22, ultimately settling at a closing price of 143.48.

The March series (EFERT-MARB) reported a singular trading activity, with both the opening and closing price marked at 140.01. The stock experienced its low and high at 140, with a total of 1000 shares changing hands, finalizing the day at a closing price of 140.01.

Lastly, the May series (EFERT-MAY) also observed no trading movement, mirroring its opening and closing values at 0. The stock reached a high of 146.73, finalizing at a closing price of 146.99.

Sui South Gas Announces Stock Performance on Pakistan Stock Exchange

Karachi, The Pakistan Stock Exchange (PSE) saw significant trading activity in shares of Sui South Gas Company (SSGC) on March 12, 2024, according to the latest financial disclosures. The company's shares experienced fluctuations throughout the trading day, reflecting investor response to market dynamics.

Sui South Gas, trading under the company code SSGC, opened at a price of PKR 11.06 and closed at PKR 11.25, with the stock reaching a low of PKR 10.85 and a high of PKR 10.9 during the trading session. A total of 2,801,607 shares were traded, and the stock's closing price was recorded at PKR 11.05.

In derivative trading, Sui South Gas futures also saw activity. The SSGC-APR futures contract, despite opening at PKR 0, did not see any trading but was quoted at a high of PKR 11.25 and closed at PKR 11.42. The SSGC-MAR contract opened at PKR 11.05 and closed at the same price of PKR 11.25 after trading between PKR 10.99 and PKR 11.15, with a total of 139,500 shares changing hands. Lastly, the SSGC-MAY futures, similar to the APR contract, showed no opening trades but reached a high of PKR 11.53 and closed at PKR 11.7.