Pakistan Stock Exchange Witnesses Varied Movements in Gul Ahmed Stock Prices

Stock Exchange Announcements

Karachi, The Pakistan Stock Exchange (PSE) experienced notable movements in the stock prices of Gul Ahmed Textile Mills Limited on February 26, 2024, as revealed by the market summary at the close of trading.

Gul Ahmed's main stock, identified by the company code GATM, showed a slight increase in its closing price. The stock opened at PKR 20.64 and closed at PKR 20.84, with a low of PKR 20.5 and a high of PKR 20.67 throughout the trading session. A total of 286,407 shares were traded, with the closing price adjusting to PKR 20.32.

The company's April futures, listed as GATM-APR, remained unchanged in the session, with no opening or closing price recorded. However, the stock reached a high of PKR 21.54, setting the closing price at PKR 21.19.

For the March futures, GATM-MAR, there was a modest increase in the stock's performance. The price at the opening was PKR 20.95 and closed at PKR 21.16, with the day's low at PKR 20.9 and the high at PKR 21.05. The total shares traded were reported as 106,000, leading to a closing price adjustment to PKR 20.72.

Meanwhile, the May futures of Gul Ahmed, represented as GATM-MAY, also saw no opening or closing transactions. The highest price reached was PKR 22.04, with the closing price set at PKR 21.68.