Maple Leaf Cement Factory Sees Varied Performance in Pakistan Stock Exchange

Stock Exchange Announcements

Karachi, In the latest financial disclosures to the Pakistan Stock Exchange (PSE), Maple Leaf Cement Factory Limited (MLCF) reported varied performance across its stock listings for the closing date of 28 March 2024.

For its primary listing under the company code MLCF, Maple Leaf Cement Factory closed at PKR 36.49, up from its opening price of PKR 35.9. The stock fluctuated between a low of PKR 35.8 and a high of PKR 36.11 throughout the trading day, with a total of 2,396,049 shares traded, closing slightly below its opening price at PKR 35.78.

The company's April futures (MLCF-APR) also witnessed positive movement, opening at PKR 36.6 and closing higher at PKR 36.95. The trading range was noted between PKR 36.25 and PKR 36.63, with a total of 1,318,500 shares changing hands, and a closing price of PKR 36.36.

Similarly, Maple Leaf’s March futures (MLCF-MAR) reported an opening price of PKR 36.1 and closed at PKR 36.37. The stock saw a low of PKR 35.82 and a high of PKR 36.18 during the session, with 1,223,000 shares traded, ending at a closing price of PKR 35.59.

However, the May futures of Maple Leaf Cement (MLCF-MAY) did not register any trading activity for the day, with an opening and closing price set at PKR 0, despite having a listed high of PKR 37.78. The closing price was recorded at PKR 37.46 without any shares traded.