Karachi, Sui North Gas, a key player in Pakistan's energy sector, demonstrated steady growth in its stock and futures trading at the Pakistan Stock Exchange on February 2, 2024.
The company’s stock (SNGP) opened at PKR 65.89 and saw a close at PKR 66.42, marking a modest increase. The stock fluctuated between a low of PKR 65.4 and a high of PKR 65.73 during the trading session. A total of 1,415,498 shares were traded by the close of the day, with the final price standing at PKR 65.62.
In the futures market, Sui North Gas’s performance varied across different months. The April futures (SNGP-APR) did not record any trading at the opening or closing, but it reached a high of PKR 69.46 and concluded at PKR 69.52. The February futures (SNGP-FEB) opened at PKR 66.89 and closed slightly higher at PKR 66.99. This category saw a low of PKR 65.4 and a high of PKR 66.38, with a total of 564,000 shares traded, closing at PKR 66.11. The March futures (SNGP-MAR), similar to April, recorded no opening and closing trades but peaked at PKR 68.17 and closed at PKR 68.24.