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Karachi Stock Exchange: PTC's Notable Stability in Regular and Futures Markets

Strategic Insights

— 1 min read

PTC's stock has demonstrated significant stability in the regular and futures markets, according to recent data from the Pakistan Stock Exchange (PSX). The company's stock performance has shown a consistent trend, with minor deviations from the last day close price across various categories. This stability is reflected in the order reject upper and lower prices, as well as the last day close prices, for both regular and futures market offerings.

Key Takeaways:

  • The order reject upper price for PTC in the regular market (REG) is set at 26.66, while the order reject lower price stands at 21.82, with a last day close price of 24.24.
  • In the futures market, available under different symbol codes, PTC's performance is as follows:

+ PTC-NOV (Future): The order reject upper price is 27.46, and the lower price is 22.46, with a last day close price of 24.96.

+ PTC-OCT (Future): The upper and lower reject prices are 27.06 and 22.14, respectively, with a last day close at 24.6.

+ PTC-SEP (Future): The order reject upper price is marked at 26.77, and the lower at 21.91, concluding with a last day close of 24.34.

+ Under the symbol code 'SQR', the order reject upper price is noted at 27.88 and the lower price at 20.6, matching the last day close price of 24.24.

  • The Pakistan Stock Exchange (PSX) market data reflects a consistent trend with each category exhibiting a minor move from the last day close price, highlighting the stock's resilience in the current economic landscape.
  • According to the PSX data mentioned, PTC's regular market performance is closely comparable to its futures market performance, with the latter offering a slightly more optimistic outlook.

Statistics:

  • Order reject upper price for PTC in the regular market (REG): 26.66
  • Order reject lower price for PTC in the regular market (REG): 21.82
  • Last day close price for PTC in the regular market (REG): 24.24
  • Order reject upper price for PTC-NOV (Future): 27.46
  • Order reject lower price for PTC-NOV (Future): 22.46
  • Last day close price for PTC-NOV (Future): 24.96
  • Symbol code 'SQR' order reject upper price: 27.88
  • Symbol code 'SQR' order reject lower price: 20.6

Sources:

  • Pakistan Telecommunication Company Ltd (PTC)
  • Pakistan Stock Exchange (PSX)

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