AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, The total market capitalization for the Pakistan Stock Exchange stands at Rs. 9,211,855,656,253, with a total turnover of 417,620,834, leading to an aggregate traded value of Rs. 16,722,089,000.16. The market has seen varied performances across different sectors, from notable increases in the Property sector to an absolute standstill in Stock Index Future Contracts and Bonds sectors, highlighting the diverse nature of market dynamics.
Karachi, The Pakistan Stock Exchange (PSE) closed on 25 March with significant activity in the insurance sector, particularly involving Adamjee Insurance Company Limited (AICL), as reflected in the day's trading data.Adamjee Insurance saw its shares open at a price of 34.95 and close higher at 35.5, with the stock fluctuating between 34.95 and 35.42 throughout the trading session. A total of 23,000 shares were traded, with the closing price slightly less than the high at 35.38.
In derivative markets, Adamjee Insurance's futures also showed activity, albeit with no shares traded for the April, March, and May contracts. The April contract was noted with a high of 36.24, settling at 36.22. The March contract had a potential high of 35.52, ultimately settling at 35.7. Meanwhile, the May contract observed a high of 37.13, with a closing settlement at 37.12, indicating expectations of future value increase.