Mughal Iron and Steel Industries Limited Experiences Notable Price Movements on PSX

Mughal Iron and Steel Industries Limited, a prominent player in the Pakistani steel industry, witnessed significant price fluctuations on the Pakistan Stock Exchange (PSX) on August 25, 2023. The company's stock, listed under the market code REG and symbol code MUGHAL, showed a last day close price of 75.13 for the regular settlement type. This development drew attention from investors and market analysts, who closely monitored the stock's performance in various market categories.

Key Takeaways:

• Mughal Iron and Steel Industries Limited's stock, listed as MUGHAL, had a last day close price of 75.13 on the PSX on August 25, 2023.
• The order reject upper and lower prices for the regular settlement type were recorded at 82.64 and 67.62, respectively.
• In the futures market, the MUGHAL-AUG symbol demonstrated a last day close price of 75.5, with upper and lower rejection prices of 83.05 and 67.95, respectively.
• The MUGHAL-SEP and MUGHAL-OCT futures showed last day close prices of 76.19 and 77.22, with upper and lower rejection prices of 83.81, 84.94, and 68.57, 69.5, respectively.
• The square market category for Mughal Iron and Steel Industries Limited, denoted by symbol code MUGHAL, recorded a last day close price of 75.13, with an order reject upper price of 86.4 and a lower price of 63.86.
• The percentage changes in prices across these categories were categorized as Minor move to Big move, indicating varying levels of fluctuation in the market for Mughal Iron and Steel Industries Limited.
• Mughal Iron and Steel Industries Limited operates in the Pakistani steel industry, a sector that is crucial for the country's economic development.

Statistics:

• Last day close price for Mughal Iron and Steel Industries Limited's stock on the PSX on August 25, 2023: 75.13
• Order reject upper and lower prices for the regular settlement type: 82.64 and 67.62, respectively
• MUGHAL-AUG futures last day close price, upper, and lower rejection prices: 75.5, 83.05, and 67.95, respectively
• MUGHAL-SEP futures last day close price, upper, and lower rejection prices: 76.19, 83.81, and 68.57, respectively
• MUGHAL-OCT futures last day close price, upper, and lower rejection prices: 77.22, 84.94, and 69.5, respectively
• Square market category MUGHAL last day close price, upper, and lower rejection prices: 75.13, 86.4, and 63.86, respectively

Sources:

• Pakistan Stock Exchange (PSX)
• Mughal Iron and Steel Industries Limited