AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Nishat Power (NPL) exhibited a robust performance in the Pakistan Stock Exchange on January 10, 2024. The company’s stock opened at Rs 30.52 and closed at a higher value of Rs 31.22. Throughout the trading session, the stock experienced fluctuations, with a low of Rs 30.1 and a high of Rs 30.77. A total of 273,485 shares were traded, with the closing price recorded at Rs 30.47.
In the futures market, Nishat Power’s futures contracts indicated a bullish trend despite no actual trades. The NPL-FEB futures contract, which had no trading activity, marked a high of Rs 31.74 and closed at Rs 31.45. Similarly, the NPL-MAR futures contract reached a high of Rs 32.51 and closed at Rs 32.21, also with no trades recorded.
However, the NPL-JAN futures contract showed active trading. It opened at Rs 30.7 and closed higher at Rs 31.39. The stock ranged between a low of Rs 30.51 and a high of Rs 31.3, with a total of 83,500 shares traded, closing at Rs 30.85.
Nishat Power’s activity in the Pakistan Stock Exchange, including both its regular and futures markets, underscored strong investor interest and a positive market outlook for the company’s stock.