Nishat Companies Report Varied Closing Prices on Pakistan Stock Exchange

Karachi, In trading activities on the Pakistan Stock Exchange on April 22, 2024, shares of Nishat Chunian Ltd. and Nishat Chunian Power Ltd. showcased varied closing figures, as per the market summary provided at the close of the day.

Nishat Chunian Ltd. (NCL) saw its shares traded actively with the stock closing at a higher price of PKR 25.96, up from an opening price of PKR 26.43. The shares fluctuated between a low of PKR 25.51 and a high of PKR 25.69 throughout the trading day, with a total of 448,188 shares changing hands.

The company also reported prices for its April, June, and May futures. The April future (NCL-APR) closed at PKR 26.59 after opening at PKR 26.05 and fluctuating between PKR 25.56 and PKR 25.77. Meanwhile, the June future (NCL-JUN) remained steady, opening and closing at PKR 27 with a trading high of PKR 27 and a total of 110,000 shares traded. The May future (NCL-MAY) opened at PKR 26.6 and maintained the opening price throughout the day, closing at PKR 26.71.

Nishat Chunian Power Ltd. (NCPL) also experienced a mixture of static and dynamic pricing in its futures trading. The company's stock closed at PKR 26.35, which was slightly lower than the opening price of PKR 26.61. The stock reached a high of PKR 26.59 after hitting a low of PKR 26.41, with 806,033 shares traded during the day.

The April future (NCPL-APR) for Nishat Chunian Power remained unchanged throughout the day, opening and closing at PKR 26.64, with only 500 shares traded. The June (NCPL-JUN) and May (NCPL-MAY) futures reported no trading activity but registered closing prices of PKR 27.64 and PKR 27.11 respectively.