Nishat Chunian Power Shares Show Varied Movement in Pakistan Stock Exchange

Karachi, The Pakistan Stock Exchange witnessed varied movements in the shares of Nishat Chunian Power Limited (NCPL) on March 29, reflecting a series of transactions that displayed fluctuating investor interest across different timelines.

Nishat Chunian Power, under the company code NCPL, closed the trading day with its shares at a price of 26.3 PKR, marking a slight increase from its opening price of 26.05 PKR. Throughout the day, the shares touched a low of the same opening price and peaked at 26.21 PKR, with a total of 478,996 shares changing hands, ultimately closing at 26.28 PKR.

The April futures of NCPL, identified as NCPL-APR with a company number of 40, also saw a positive shift. Opening at 26.5 PKR, these shares advanced to a closing price of 26.73 PKR after hitting the same high, with 113,000 shares traded, and a closing price set at 26.5 PKR.

March futures, denoted as NCPL-MAR, exhibited a modest increase, starting the trading session at 26 PKR and closing at 26.2 PKR. The shares, having maintained the low at the opening price, reached a high of 26.15 PKR during the day. A total of 138,000 shares were traded, with the closing price pegged at 26.26 PKR.

Contrastingly, the May futures for NCPL, tagged as NCPL-MAY, showed no trading activity, with the opening, low, and high prices recorded at 0 PKR, and a hypothetical high at 27.36 PKR. Despite the absence of trading, the closing price was noted at 27.49 PKR.