Karachi, The Pakistan Stock Exchange witnessed subtle shifts in the trading performance of Pak Elektron (PAEL), a key player in the electronics sector, as disclosed in the latest financial announcements. The market summary provided detailed insights into the trading activity for PAEL on 29 March 2024, reflecting minor changes in its stock values across various time frames.
In the day's trading, PAEL saw its opening price at PKR 23.25 and a closing slightly higher at PKR 23.36. The stock experienced a low of PKR 22.2 and peaked at PKR 22.44, with a total of 4,502,877 shares changing hands. The closing price adjusted slightly to PKR 23.02, indicating a marginal movement.
Additionally, Pak Elektron's April future (PAEL-APR) opened at PKR 23.45 and closed at PKR 23.6, witnessing a low of PKR 22.6 and a high of PKR 22.75. A total of 3,511,000 shares were traded, concluding the day at a closing price of PKR 23.45.
For the March future (PAEL-MAR), the company's shares opened at PKR 23 and closed at PKR 23.28, showing resilience amidst market fluctuations with a low of PKR 22.2 and a high of PKR 22.36. The day ended with 4,027,500 shares traded, settling at a closing price of PKR 23.06.
In contrast, the May future (PAEL-MAY) recorded no opening or closing transactions, maintaining a zero figure throughout, despite a high quote of PKR 23.43. The anticipated closing price was marked at PKR 24.08, although no shares were traded on this future.