Oil & Gas Development Company Observes Minimal Price Fluctuations on PSE

Karachi, The Pakistan Stock Exchange (PSE) recorded subtle changes in the share prices of Oil & Gas Development Company Limited (OGDC) on March 22, 2024. The company, listed under various codes for different bond issues, showed a slight increase or steadiness in its closing prices compared to the opening values across multiple categories.

For OGDC (code 820), the trading day began with the stock at PKR 119.8 and closed marginally higher at PKR 119.85, after fluctuating between a low of PKR 117.26 and a high of PKR 117.99 throughout the day. The total shares traded for this category were 3,524,802, closing at a price of PKR 120.16.

Under the OGDC-APRB code, the shares opened and closed at PKR 121, with the day’s low and high recorded at PKR 119.75 and PKR 120.16, respectively. The trading volume was considerably lower at 193,500 shares, closing at PKR 123.1.

The OGDC-MARB shares, recognized by the same company code of 40 as OGDC-APRB, showed no change in the opening and closing prices, both recorded at PKR 120.6. The shares experienced lows and highs of PKR 117.92 and PKR 118.33, with a total of 1,488,000 shares traded and a closing price of PKR 120.65.

Lastly, the OGDC-MAYB category reported no trading activity, with opening and closing prices, as well as stock low and high, remaining unlisted for the day. The closing price was noted as PKR 126.32 despite no shares being traded.