Karachi, (PPI Bot): Pakistan Petroleum Limited (PPL), a significant entity in the oil and gas sector, exhibited robust trading activity on the Pakistan Stock Exchange on November 30, 2023. The company's shares, traded under the code PPL, opened at PKR 92.5 and closed higher at PKR 93.75. The stock saw fluctuations between a low of PKR 91.5 and a high of PKR 91.77, with a substantial trading volume of 6,286,258 shares. The closing price was marked at PKR 92.12.
PPL also showed presence in the futures market. The December 2023 futures contract (PPL-DEC) for PPL opened at PKR 94.69 and closed at a higher rate of PKR 95.48. The day's trading varied between PKR 93.34 and PKR 93.66, with a total of 1,180,500 shares traded, and the contract closed at PKR 94.3.
The February 2024 futures contract for PPL (PPL-FEB) was listed but observed no trading activity. The contract was marked with opening and closing prices at PKR 0, a high of PKR 97.38, and a closing settlement at PKR 97.82.
Similarly, the January 2024 futures contract for PPL (PPL-JAN) recorded no trading activity, with both the opening and closing prices at PKR 0. The contract was listed with a high of PKR 95.53, settling at PKR 95.96.