Bank Al-Falah and Bank Al-Habib Show Varied Performance in Stock Market

Stock Exchange Announcements

Karachi: Bank Al-Falah, operating under the company code BAFL, exhibited a positive trend in the stock market on November 13, 2023, across various contracts. In its standard trading, the bank opened at 40.99 and closed higher at 41.6, with the stock ranging between a low of 40.89 and a high of 41.27. A total of 2,281,231 shares were traded, and the closing price was recorded at 41.16.

In the December contract (BAFL-DEC), no trading activity was recorded, but the stock's high was noted at 42.63, and the closing price was set at 42.54.

Similarly, in the January contract (BAFL-JAN), there was no trading activity, with the stock's high marked at 43.46 and the closing price at 43.37.

In the November contract (BAFL-NOV), Bank Al-Falah opened and closed at 41.23, with a low and high both at 41, and 150,500 shares were traded. The closing price was higher at 41.55.

Bank Al-Habib, listed as BAHL, showed mixed performance. In standard trading, the bank opened at 66 and closed significantly higher at 69.5, with a low of 65.02 and a high of 68.77. A total of 1,979,770 shares were traded, with a closing price of 65.06.

In the December contract (BAHL-DECB), there was no trading, but the stock's high was 71.03, with the closing price at 67.25.

For the January contract (BAHL-JAN), no trading occurred, with the stock's high at 72.41 and the closing price at 68.55.

In the November contract (BAHL-NOVB), no trading was recorded except for 50,000 shares, with a high of 69.31 and a closing price of 65.62.

Lastly, Bank Al-Habib's TFC9 (BAHLTFC9) saw no trading activity, with the closing price set at 99.73, equal to the high.