Karachi, In the closing summary of the Pakistan Stock Exchange on January 18, 2024, Fauji Fertilizer Bin Qasim Limited (FFBL) and Fauji Fertilizer Company Limited (FFC) exhibited varying stock movements.
Fauji Fertilizer Bin Qasim Limited, with the company code FFBL and number 809, showed a positive trend in its stock performance. The company opened at PKR 28.35 and closed higher at PKR 28.6. During the trading session, the stock fluctuated between a low of PKR 27.81 and a high of PKR 28.33. A substantial number of shares were traded, amounting to 4,031,311, with the closing price standing at PKR 28.39.
In the February futures, identified as FFBL-FEB, the company opened at PKR 28 and closed higher at PKR 28.98. The stock’s trading activity was limited, with only 2,000 shares traded, but it managed to close at PKR 28.91.
For the January futures, FFBL-JAN, the stock opened and closed at PKR 28.35 and PKR 28.66, respectively. The lowest and highest prices were recorded at PKR 27.95 and PKR 28.42. A total of 870,500 shares were traded, closing at PKR 28.56.
The March futures for FFBL, under the code FFBL-MAR, showed no trading activity, with both opening and closing prices at PKR 0. However, the highest value was noted at PKR 29.77, with the stock closing at PKR 29.85.
Fauji Fertilizer Company Limited, represented by the code FFC and company number 809, maintained a stable performance. The company’s stock opened and closed at the same price of PKR 117.58. The stock witnessed a low of PKR 115.9 and a high of PKR 116.76, with a total of 474,281 shares traded. The closing price was marginally lower at PKR 117.08.
FFC’s February futures, FFC-FEB, along with its January (FFC-JAN) and March (FFC-MAR) futures, recorded no trades, as both opening and closing prices were at PKR 0. However, the highest values for these futures were noted at PKR 119.76, PKR 117.43, and PKR 122.68, with closing prices at PKR 120.17, PKR 117.83, and PKR 123.1, respectively.