Karachi, Pak Elektron Limited (PAEL) saw varied activity on the Pakistan Stock Exchange (PSE) today, with its shares undergoing notable fluctuations throughout the trading session.

For the standard PAEL stock, the opening price was set at 22.16 with a close at 22.4. The shares hit a low of 21.45 and a high of 21.61 during the trading day, concluding at a closing price of 21.92 after a total of 2,694,389 shares were traded.

In the derivative market, PAEL futures also showed movement but did not register trades for all months. The April PAEL-APR contract opened and closed at 0, peaking at 22.5, and eventually settling at a closing price of 22.84 without any shares being traded. For March, the PAEL-MAR futures opened at 22.55 and closed higher at 22.95, with the low and high for the day recorded at 21.75 and 21.94 respectively. The market saw 1,104,000 shares changing hands, ending at a closing price of 22.29. The May PAEL-MAY futures did not see any opening or closing transactions but marked their presence with a peak price of 23.04, finalizing at a higher closing price of 23.39.

The day’s trading for Pak Elektron highlighted the investors’ varying confidence levels in the company across different time frames, reflecting in the disparate performance of its stocks and future contracts on the PSE.