Karachi, The Oil and Gas Development Company (OGDC) exhibited mixed results in its stock performance on the Pakistan Stock Exchange (PSE) as detailed in the market summary for April 23, 2024. The company, which trades under multiple codes based on different maturity terms for its stock options, showed fluctuating stock values during the trading session.
OGDC's regular shares opened at a price of 135.8 and closed slightly higher at 135.87, with a low of 133.5 and a peak at 134.19 during the day. A total of 3,461,267 shares were traded, ending with a closing price of 135.69.
For the April options (OGDC-APRB), the shares began the day at 136.4 and gained to close at 136.8. The stocks hit a low of 134 and a high of 134.45, with a significant trading volume of 7,727,500 shares, which concluded at a slightly lower price of 136.03.
June options (OGDC-JUN) for the company saw no opening or closing trades, maintaining zero shares traded throughout the session, yet they marked a high at 140.58, setting the closing price notably higher at 142.25.
May options (OGDC-MAYB) were consistent in their opening and closing at 138.39, with a low of 135.5 and a moderate high of 136.03. The trading volume was robust with 8,251,500 shares, finishing at a closing price of 137.78.