Engro Fertilizers Records Slight Increase in Closing Price, Varied Futures Performance on PSE

Karachi, Engro Fertilizers, listed on the Pakistan Stock Exchange under the company code EFERT and number 809, saw a marginal increase in its closing stock price on 10 January 2024. The company’s shares opened at PKR 123.9 and experienced a slight rise, closing at PKR 123.99.

During the trading session, Engro Fertilizers’ stock fluctuated between a low of PKR 121.1 and a high of PKR 121.78. A total of 1,970,341 shares were traded, with a closing price noted at PKR 123.46.

In the futures market, Engro Fertilizers’ EFERT-FEB contract, with code 40, did not have any recorded opening or closing price, nor any shares traded. However, the highest price reached during the session was PKR 125.61, with the closing price at PKR 127.43.

The EFERT-JAN contract, also under code 40, opened and closed at the same price of PKR 124.5. The session saw a low of PKR 122.81 and a high of PKR 123.21, with 11,000 shares traded. The closing price for this contract was PKR 124.27.

Another futures contract, EFERT-MAR, with code 40, similarly did not show any opening, closing, or traded shares. The highest price for the session was PKR 128.65, with the closing price at PKR 130.51.

This trading activity for Engro Fertilizers’ stocks and futures contracts on the PSE reflects a modest upward trend in its stock value and a varied performance across different futures contracts.