Millat Tractors Posts Gains in Regular and Futures Trading on PSX

Stock Exchange Announcements

Karachi, (PPI Bot): On November 28, 2023, Millat Tractors (MTL) witnessed a robust trading session on the Pakistan Stock Exchange. The company's stock opened at PKR 529 and climbed to a high of PKR 534.89 before descending to a low of PKR 527. The session ended with the stock price settling at PKR 530.99. Throughout the day, 152,001 shares were traded, marking a notable presence on the market floor.

Turning to the futures market, the Millat Tractors December futures contract (MTL-DEC) began at PKR 520.01, surging to a high of PKR 531.01. The contract closed at the same high, with 4,000 contracts traded. Notably, the closing price saw a substantial increase from the opening.

For the February (MTL-FEB) and January (MTL-JAN) futures, no trading was recorded. The February futures were quoted at PKR 564.2, and the January futures at PKR 553.51 by the close of trading.