Karachi, The Pakistan Stock Exchange (PSE) market summary for the closing session on February 19, 2024, observed an uptick in the stock prices of National BankXD, showcasing investor confidence and a positive market response to the bank's performance.

National BankXD, listed under the company code NBP, opened the session at 27.15 and closed higher at 27.33, with the stock fluctuating between a low of 26.75 and a high of 27.08. The total shares traded during the day amounted to 576,643, reflecting active participation from investors.

In the futures market, the April contract for National BankXD (NBP-APR) highlighted significant investor optimism, peaking at 28.35 with a closing price set at 28.63, despite no trades being recorded at the open or close. This indicates strong future expectations for the bank's stock.

The February futures contract (NBP-FEB) also witnessed a positive movement, opening at 27.4 and closing slightly higher at 27.62 after trading between 27 and 27.11. A total of 79,500 shares were traded for this contract, demonstrating ongoing interest and investment in the bank's near-term prospects.

Moreover, the March futures contract (NBP-MAR) opened and closed at 27.68, with a uniform high and low of 27.6, culminating in a closing price of 28.09 for the 9,500 shares traded. This stability in pricing, coupled with an upward adjustment at close, further underscores the market's favorable outlook towards National BankXD.