Karachi (PPI Bot): National Foods, a leading food company in Pakistan, displayed growth in its regular stock trading and positive indications in futures contracts on the Pakistan Stock Exchange (PSE) as of November 16, 2023. In the regular market, the company, trading under the code NATF, opened at PKR 122 and closed at a higher PKR 125.09. During the trading session, the stock moved between a low of PKR 121.56 and a high of PKR 123.11, with a total of 103,000 shares traded, resulting in a closing price of PKR 121.63.

In the futures market, National Foods demonstrated promising trends across its December and January contracts. The December futures contract (NATF-DEC) and January futures contract (NATF-JAN) both showed no trading activity, with opening and closing prices at PKR 0. However, they reached high points of PKR 126.9 and PKR 129.37 respectively, with closing prices noted at PKR 125.46 for December and PKR 127.9 for January.

The November futures contract for National Foods (NATF-NOV) opened at PKR 124.5 and closed at PKR 125. This contract experienced a low and high at PKR 124.5, with a total of 3,000 shares traded, culminating in a closing price of PKR 122.41.

These figures for National Foods indicate a positive performance in the regular stock market and optimistic investor expectations in its futures contracts on the PSE, reflecting confidence in the company’s performance and future prospects in the food industry.