Karachi, (PPI Bot): JS Global Banking ETF did not witness any opening or closing activity in its trading on the Pakistan Stock Exchange on November 23, 2023. The exchange-traded fund, which tracks the banking sector, remained static with no changes in the opening and closing prices, indicating a lack of trading within the day.
Despite the inactivity in regular trading, there was a nominal movement in the ETF's futures contracts. The December contract (JSGBETF-DEC) and January contract (JSGBETF-JAN) had set closing prices at Rs. 12.05 and Rs. 12.29, respectively, suggesting a slight anticipated increase in value to Rs. 12.06 and Rs. 12.3.
The November futures contract (JSGBETF-NOV) also did not record any trade, with a set closing price at Rs. 11.76, marginally increasing to Rs. 11.77.
Although the day ended without any trades for JS Global Banking ETF and its futures contracts, the set closing prices for the upcoming months indicate expected market movements and investor sentiments for the banking sector in the near future.