Karachi, The Pakistan Stock Exchange (PSE) market summary for the closing session on February 21, 2024, highlighted significant gains for Pakistan State Oil (PSO) across multiple trading timelines, reflecting a positive movement in its stock prices.
Pakistan State Oil, operating under the company code PSO, opened at a price of 154.95 and witnessed a notable increase, closing at 158.98. Throughout the trading day, the stock moved between a low of 154.02 and a high of 157.89, with a total of 2,639,924 shares traded. The closing price was marked at 150.81, indicating a positive trend.
The PSO-APR derivative did not see any trading activity, with its prices remaining at zero, although a stock high of 165.07 was recorded. Its closing price was noted at 157.77, suggesting expectations of future gains.
In the PSO-FEB trading timeline, the stock opened at 154.75 and closed higher at 158.5, with the day's low and high recorded at 154.2 and 157.94, respectively. A total of 1,087,000 shares were exchanged, and the closing price was listed at 151.06.
Moreover, the PSO-MAR derivative showed a strong performance, opening at 157.01 and closing even higher at 161.4. The stock ranged from a low of 156.7 to a high of 160.7 during the session, with 1,157,000 shares traded. The derivative concluded with a closing price of 153.59, indicating robust investor confidence.