International Steels Limited Posts Gains on PSX Amid Active Trading

Stock Exchange Announcements

Karachi, (PPI Bot): International Steels Limited (ISL) exhibited a strong performance on the Pakistan Stock Exchange on November 27, 2023. The company's shares opened at PKR 66.19 and saw a peak trading price of PKR 67.5 before closing higher at PKR 67.4. The lowest trading price for the day was PKR 65.62. The total shares traded were 1,768,801, concluding at a settlement price of PKR 65.46.

The December futures contract (ISL-DEC) for International Steels Limited also signaled investor optimism, opening at PKR 67.95 and closing at an elevated price of PKR 68.84. The highest price reached was PKR 69.83, with a volume of 112,500 shares traded, settling at PKR 67.82.

For the upcoming February (ISL-FEB) and January (ISL-JAN) futures contracts, no trades were recorded; however, the settlement prices were stated at PKR 69.65 for February and PKR 68.32 for January. These settlement prices provide an insight into the market's expectations for International Steels Limited in the near future.