Karachi, Nishat Chunian Power Limited, listed on the Pakistan Stock Exchange under the ticker NCPL, demonstrated a notable increase in its stock price at market close on December 13, 2023.
Opening at PKR 28.00, Nishat Chunian Power's shares experienced fluctuations, with a low of PKR 27.7 and a high of PKR 28.3. The shares eventually closed at a higher price of PKR 29.68. The trading session saw a significant volume of 6,247,827 shares being exchanged, with the stock's closing price recorded at PKR 27.61.
In the futures market, Nishat Chunian Power's December futures, coded as NCPL-DEC, began at PKR 28.79 and witnessed an upward movement, closing at PKR 30.05. The stock fluctuated between a low of PKR 28.00 and a high of PKR 28.47, with a trading volume of 454,500 shares. The closing price for these futures was PKR 27.95.
The February futures of Nishat Chunian Power, listed as NCPL-FEB, showed no trading activity with both the opening and closing prices at PKR 0.00. However, the stock reached a high of PKR 29.76 and had a closing price of PKR 29.06.
Similarly, the January futures for Nishat Chunian Power, identified as NCPL-JAN, opened and closed at PKR 29.7. The stock maintained a steady range with a low and high of PKR 29.00, and a trading volume of 75,000 shares was recorded, concluding at a closing price of PKR 28.5.