Karachi, Nishat Mills Ltd (NML) maintained its opening stock price at the close of the trading session on February 21, 2024, on the Pakistan Stock Exchange (PSE). The textile giant's shares opened and closed at PKR 71.8, with the day's trading seeing a low of PKR 68.62 and a high of PKR 69.26. A significant volume of 681,223 shares was traded during the session, concluding with a closing price of PKR 69.89.
Additionally, the future contracts for Nishat Mills Ltd showed varied activities. While there were no trades reported for the April (NML-APR) contract, with a set closing price at PKR 73.12 indicating expectations of a price increase, the February (NML-FEB) and March (NML-MAR) contracts recorded trades. February's contract involved 16,500 shares, opening at PKR 71 and closing slightly higher at PKR 71.2, with a final price of PKR 69.93. March's contract saw 46,000 shares changing hands, both opening and closing at PKR 71.8, and settling at PKR 71.
The trading data for Nishat Mills Ltd reflects a stable performance with a slight uptick in investor expectations for future stock value, as indicated by the future contracts' closing prices.