Fauji Fertilizer Bin Qasim and Fauji Fertilizer Company Show Varied Performance in PSE

Karachi, (PPI Bot): Fauji Fertilizer Bin Qasim Limited (FFBL) reported a mixed performance on the Pakistan Stock Exchange on November 29, 2023. The company's stock opened at PKR 23 and closed at PKR 23.35. During the day, the stock reached a low of PKR 22.12 and a high of PKR 22.33. In total, 10,412,500 shares were traded with a closing price of PKR 22.95.

In the derivatives segment, FFBL's December futures (FFBL-DEC) opened at PKR 23.75 and closed at PKR 23.85. The stock hit a low of PKR 22.67 and a high of PKR 22.87, with 2,938,500 shares traded, resulting in a closing price of PKR 23.51. However, the February (FFBL-FEB) and January (FFBL-JAN) futures showed no trading activity, with both opening and closing at PKR 0. The February futures had a high of PKR 23.71 and a closing price of PKR 24.39, while the January futures reached a high of PKR 23.26 and closed at PKR 23.92.

Fauji Fertilizer Company Limited (FFC) also had a varied day on the exchange. The stock opened at PKR 111.11 and closed at PKR 112.34. It reached a low of PKR 110.95 and a high of PKR 111.73, with 953,727 shares traded, closing at PKR 111.62.

In the futures market, FFC's December futures (FFC-DECB) opened at PKR 113 and closed at PKR 114, hitting a high of PKR 113.76 with 23,000 shares traded, resulting in a closing price of PKR 114.49. Similar to FFBL, FFC's February (FFC-FEB) and January (FFC-JAN) futures showed no trading, with both opening and closing at PKR 0. The February futures had a high of PKR 118.64 and closed at PKR 118.6, while the January futures peaked at PKR 116.39 and closed at PKR 116.35.