Nishat Chunian Power Closes with Slight Gains on Pakistan Stock Exchange

Stock Exchange Announcements

Karachi, (PPI Bot): Nishat Chunian Power Limited (NCPL) ended the trading day on November 24, 2023, with a slight gain on the Pakistan Stock Exchange. The power sector entity’s shares opened at PKR 25.04 and closed at PKR 25.2, marking a modest increase. Throughout the trading session, shares fluctuated, reaching a low of PKR 24.5 and a high of PKR 24.82, with a total of 1,012,701 shares traded. The average closing price was marginally higher at PKR 25.07.

In the futures market, December contracts for Nishat Chunian Power remained steady, opening and closing at PKR 25.73. The shares saw a low of PKR 25.39 and a high of PKR 25.41, with a traded volume of 65,500 shares, resulting in an average closing price of PKR 25.7.

There was no trading activity for the January futures contracts of Nishat Chunian Power, thus no opening or closing prices were posted. However, the highest price for the month was noted at PKR 25.9, with an expected average price of PKR 26.22.

The November futures contracts of Nishat Chunian Power showed a slight uptick, opening at PKR 25 and closing at PKR 25.28. The shares traded between a low of PKR 24.51 and a high of PKR 24.81, over a volume of 257,000 shares. The closing price averaged slightly higher at PKR 25.1.