Karachi, P.S.O. (Pakistan State Oil) saw a significant increase in its share prices in the latest trading session on the Pakistan Stock Exchange, marking a positive shift for the company's financial performance. The company's opening price was listed at 146.55, closing at a higher 151.98. The stock fluctuated between a low of 142.48 and a high of 147.85 throughout the trading day, with a total of 8,028,276 shares traded. The closing price was notably higher at 154.03, indicating a strong finish for the day.
In the futures market, P.S.O. also displayed robust performance across various months. The April futures opened and closed at zero, with a significant high of 155.4, eventually reaching a closing price of 162.01, despite no opening price being listed. Similarly, the February futures started at 150, peaking at 148.68, and closed at 152.75, with a closing price of 154.61 on a trade volume of 2,983,000 shares. The March futures mirrored this positive trend, with no opening price but reaching a high of 152.51 and closing at a solid 158.99.
This surge in P.S.O.'s share prices reflects a strong investor confidence in the company's market position and its potential for sustained growth. The day's trading highlighted P.S.O.'s capacity to attract significant trading volumes and achieve higher closing prices across the board, underscoring its importance within the energy sector and the broader stock market.