Pakistan Stock Exchange Sees Notable Activity in P.S.O. Shares on 29 February 2024

Karachi, The Pakistan Stock Exchange (PSE) witnessed significant trading activity in shares of Pakistan State Oil (P.S.O.) on Thursday, with variations in opening and closing prices across different futures contracts.

P.S.O., a leading oil marketing company in Pakistan, saw its stock open at PKR 162 and close at PKR 165.4, marking an increase. The stock fluctuated between a low of PKR 160.6 and a high of PKR 164.39 throughout the trading session, with a total of 2,557,256 shares traded. The closing price settled at PKR 160.81.

In futures trading, P.S.O.’s April contracts were noted, opening and closing at PKR 0, with a high of PKR 171.15 and a closing price of PKR 167.54, despite no shares being traded. Similarly, May contracts also observed no trading activity but showed a high of PKR 175.3 and a closing price of PKR 171.6.

March contracts for P.S.O. displayed activity, with shares opening at PKR 164.02 and closing at PKR 167.4. The stock ranged from PKR 163.49 to PKR 166.52, with a total of 964,000 shares changing hands. The session ended with a closing price of PKR 163.53.

The trading day highlighted the investor interest in P.S.O. shares, with notable movements in the company’s stock prices across its various futures contracts.