AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, National Refinery Limited (NRL) witnessed significant upward movement in its stock price during the trading session on December 7, 2023, at the Pakistan Stock Exchange. The company’s shares opened at PKR 362 and experienced a notable rise, closing at PKR 383.8. Throughout the day, the stock fluctuated between a low of PKR 353.04 and a high of PKR 369.53. A considerable volume of 3,689,859 shares was traded, with the closing price registering at PKR 357.95.
In the futures market, National Refinery’s December futures (NRL-DEC) demonstrated robust performance, opening at PKR 370 and closing significantly higher at PKR 391. The futures peaked at PKR 375.52, with 2,669,000 shares traded, ending the day at a closing price of PKR 364.44.
The company’s February futures (NRL-FEB) did not record any trading activity but indicated a potential high of PKR 390.25, closing at PKR 378.28. The January futures (NRL-JAN) also showed limited activity, trading 4,000 shares at a constant price of PKR 387, concluding at a closing price of PKR 360.
These figures in both the regular and futures markets indicate strong investor confidence and positive expectations for National Refinery’s performance.