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Significant Movements in Pakistan Stock Exchange Highlighted by Cement Sector Performance

Karachi, The Pakistan Stock Exchange (PSE) witnessed noteworthy activity in the cement sector as evidenced by the trading performance of D.G. Khan Cement (DGKC) on 19 March 2024. The day’s trading showcased fluctuations in share prices, with significant volumes of shares being traded across different timelines.

D.G. Khan Cement (DGKC), a major player in the cement industry, saw its share price open at PKR 68 and close slightly higher at PKR 68.4 after reaching a low of PKR 66.75 and a high of PKR 66.99 during the day’s trading. The total shares traded for DGKC amounted to 1,849,784, with the closing price slightly higher at PKR 68.54.

In terms of futures trading, DGKC’s performance varied across different months. The April futures (DGKC-APR) did not witness any trading activity, with both the opening and closing prices at zero, despite a high marked at PKR 68.83. The closing price for the April futures was noted at PKR 70.47.

March futures for DGKC (DGKC-MAR) exhibited more activity with an opening price of PKR 68.45, closing at PKR 68.9 after touching a low of PKR 67.16 and a high of PKR 67.57. The total shares traded in this segment were 1,453,500, with the closing price slightly higher at PKR 69.08.

The May futures (DGKC-MAY) also saw no trading activity, with both the opening and closing prices recorded at zero. However, a high of PKR 70.52 was observed, with the closing price reaching PKR 72.2.

The trading activities in the cement sector, particularly the performance of D.G. Khan Cement, are indicative of the dynamic nature of the Pakistan Stock Exchange, reflecting investors’ interests and market trends in this vital industry segment.

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