Karachi, (PPI Bot): On November 23, 2023, Summit Bank (SMBL) exhibited mixed performance on the Pakistan Stock Exchange (PSE). The main stock of Summit Bank (code: SMBL) opened at PKR 2.22 and saw a notable rise, closing at PKR 2.39. The stock's trading activity varied, with a low of PKR 2.15 and a high of PKR 2.19, involving a significant volume of 7,789,500 shares. The closing price was set at PKR 2.
In the futures market, Summit Bank's December futures (code: SMBL-DEC) and January futures (code: SMBL-JAN) showed no trading activity, with the opening, closing, low, and total shares traded all recorded at zero. However, the stocks' highs were noted at PKR 2.25 and PKR 2.29, respectively, with closing prices of PKR 2.05 and PKR 2.09.
Summit Bank’s November futures (code: SMBL-NOV) demonstrated static trading, with the stock opening and closing at the same price of PKR 2.2. The trading volume was minimal, involving only 10,000 shares, and both the low and high for the day were recorded at PKR 2.2. The closing price was set at PKR 2.