Karachi, United Bank Limited displayed an upward trend in its stock prices during Monday's trading session on the Pakistan Stock Exchange, with the company's shares closing higher across various future contracts.
Shares of United Bank (UBL) opened at PKR 187.27 and saw a closing at PKR 193.5. The stock maintained its low at the opening price of PKR 187.27 and peaked at PKR 193.15. A total of 820,119 shares were traded by the day's close, with the final price settling at PKR 188.71.
For the April contracts (UBL-APRB), the bank's shares opened and touched a low at PKR 188, but escalated to a high of PKR 194.5 by the close, which also marked the day's closing price. This contract saw 15,000 shares traded, ending at a closing price of PKR 190.65.
June contracts (UBL-JUN) reported no trading activity with no shares exchanged, and the prices remained undeclared. However, the highest price reached PKR 203.46, with the closing price noted at PKR 198.92.
Similarly, the May contracts (UBL-MAYB) also did not see any shares traded, recording no open or close prices. The highest price for the day was PKR 199.56, with the closing at PKR 195.11.