Karachi, The Pakistan Stock Exchange (PSE) closed on 18 March with significant activity in Sazgar Engineering (SAZEW) stocks. The market summary showcased notable trades, with Sazgar Engineering's shares experiencing fluctuations throughout the trading session.
Sazgar Engineering, identified by the company code SAZEW, saw its shares opening at 414 and closing at 420.8, after reaching a low of 385 and a high of 397.81. A total of 2,389,513 shares were traded, with the closing price settling at 413.45.
Additionally, future contracts for Sazgar Engineering also witnessed activities. The April future contract (SAZEW-APR), despite not having any shares traded, was noted with a high of 409.01 and a closing price of 425.38. The March future contract (SAZEW-MAR) opened at 416 and closed at 423.5, with shares dipping to a low of 389 and peaking at 401.25. This contract saw 1,487,000 shares change hands, ending with a closing price of 416.55. Furthermore, the May future contract (SAZEW-MAY), similar to April, observed no traded shares but recorded a high of 419.05 and a closing price of 435.83.
The day's trading underscored the investor interest in Sazgar Engineering, with particular attention to its future contracts, reflecting speculative positions on the company's stock price movements in the coming months.