Nishat Power Marks Stable Trading in Pakistan Stock Exchange

Karachi, The Pakistan Stock Exchange on February 16, 2024, observed a steady performance from Nishat Power Limited (NPL), with its shares showing stability and modest trading activity. The company's various stock codes reflected different trading dynamics, ranging from active trading to no movement.

The principal stock of Nishat Power, under the code NPL, opened at PKR 31.6 and closed slightly higher at PKR 31.9. Throughout the trading day, the stock fluctuated between a low of PKR 30.65 and a high of PKR 30.74. A significant volume of shares, totaling 535,898, was traded, with the stock's closing price settling at PKR 31.54.

Contrastingly, the NPL-APR stock showed no trading activity. It maintained an opening and closing price of PKR 0, and the stock's highest value reached PKR 32.2. Despite the lack of trades, the stock's closing price was noted at PKR 33.11.

Another variant of Nishat Power's stock, NPL-FEB, exhibited stability in its trading price. The stock opened and closed at the same price of PKR 31.8, experiencing a low and high of PKR 31.5 each. A total of 8,000 shares were exchanged, and the stock closed slightly higher at PKR 31.63.

Lastly, the NPL-MAR stock recorded no trading activity during the day, similar to NPL-APR. It opened and closed at PKR 0, with its highest value for the day at PKR 31.6. The closing price was registered at PKR 32.49, in spite of no shares being traded.