The price of ICI Pakistan Limited (ICI) refers to its share price, which is actively traded on the Pakistan Stock Exchange (PSX). As a publicly listed company, its value fluctuates dynamically based on market supply and demand.
Current Stock Price Overview for ICI Pakistan
As of a recent market close (e.g., May 23, 2024), the share price for ICI Pakistan Limited was approximately PKR 705.10 per share. It is crucial to understand that stock prices are volatile and change continuously throughout trading hours. For the most up-to-date and real-time pricing, investors typically consult live market data platforms.
Factors Influencing ICI Pakistan's Stock Performance
Several key elements contribute to the fluctuation of ICI Pakistan's stock price:
- Financial Performance: Quarterly and annual financial results, including revenue, profit, and earnings per share, significantly impact investor confidence.
- Industry Trends: The company operates across diverse sectors, including chemicals, pharmaceuticals, and agricultural products. Performance and trends within these specific industries in Pakistan can affect its valuation.
- Economic Indicators: Broader economic factors in Pakistan, such as inflation rates, interest rate changes, GDP growth, and government policies, play a vital role.
- Corporate Actions: Announcements regarding dividends, stock splits, mergers, acquisitions, or new projects can lead to price movements.
- Market Sentiment: Overall investor sentiment, global economic conditions, and geopolitical events can also influence the stock's performance.
Understanding Currency Conversion for Digital Assets in Pakistan
While ICI Pakistan's stock is denominated solely in Pakistani Rupees (PKR), it's worth noting the broader financial landscape in Pakistan, which includes the growing interest in digital currencies. The Pakistani Rupee can be converted into various digital assets, such as cryptocurrencies, offering a different investment and transaction avenue.
PKR to ICE Cryptocurrency Conversion Rates
For those interested in the digital asset space, here's a reference for converting Pakistani Rupee (PKR) to ICE, a specific cryptocurrency:
| Pakistani Rupee (PKR) | ICE Cryptocurrency |
|---|---|
| 1 PKR | 102.44 ICE |
| 2 PKR | 204.88 ICE |
| 5 PKR | 512.20 ICE |
| 10 PKR | 1024.40 ICE |
This conversion table illustrates how specific amounts of Pakistani Rupees translate into ICE cryptocurrency, providing insight into the relative valuation of this digital asset against the local currency. For the latest and comprehensive conversion rates, specialized platforms like CoinGecko offer real-time data on ICE price in Pakistani Rupee.
Summary
The price of ICI Pakistan is its stock value on the Pakistan Stock Exchange, currently around PKR 705.10 per share, subject to continuous market fluctuations. Separately, the Pakistani Rupee also serves as a base currency for digital asset conversions, with specific rates for cryptocurrencies like ICE.
