Fluctuations in OGDC Stock Prices on the Pakistan Stock Exchange

Strategic Insights -

The Oil and Gas Development Company Limited (OGDC) experienced a notable fluctuation in its stock prices on the Pakistan Stock Exchange, with significant movements recorded in the futures market for August, September, and October contracts. These fluctuations indicate varying levels of investor interest and market activity, reflecting the dynamic nature of trading activities within the company's shares. The stock's last day close price stood at 269.5, which also reflected a big move in the stock's value. The order reject upper and lower prices for the stock were set at 296.45 and 242.55, respectively.

Key Takeaways:

  • The OGDC stock is listed under the regular market category on the Pakistan Stock Exchange with the symbol code OGDC.
  • The settlement type for the stock is marked as 'READY.'
  • The last day close price for the company stood at 269.5, indicating a significant move in the stock's value.
  • In the futures market, the OGDC-AUG contract had an order reject upper price of 298.41 and a lower threshold of 244.15.
  • The September contract, OGDC-SEP, saw its order reject upper price at 301.74, while the October contract, OGDC-OCT, had an order reject upper price at 306.05.
  • The square-off rate for OGDC was listed with an upper price of 309.93 and a lower price of 229.08.
  • The fluctuations in OGDC stock prices highlight the dynamic nature of trading activities within the company's shares, illustrating varying levels of investor interest and market activity.

Statistics:

  • The order reject upper price for OGDC was set at 296.45.
  • The order reject lower price for OGDC was recorded at 242.55.
  • The last day close price for the company stood at 269.5.
  • The order reject upper price for OGDC-AUG was 298.41.
  • The order reject lower price for OGDC-AUG was 244.15.
  • The last day close price for OGDC-AUG was 271.28.
  • The order reject upper price for OGDC-SEP was 301.74.
  • The order reject lower price for OGDC-SEP was 246.88.
  • The last day close price for OGDC-SEP was 274.31.
  • The order reject upper price for OGDC-OCT was 306.05.
  • The order reject lower price for OGDC-OCT was 250.41.
  • The last day close price for OGDC-OCT was 278.23.
  • The square-off rate for OGDC had an upper price of 309.93 and a lower price of 229.08.

Sources:

  • Pakistan Stock Exchange (PSX)
  • Oil and Gas Development Company Limited (OGDC)