Karachi, (PPI Bot): The Bank of Punjab (BOP) experienced a notable increase in share price amid significant trading activity on the Pakistan Stock Exchange on November 20, 2023. Opening at PKR 4.4, the bank's share price closed at a higher PKR 4.56 after a day of active trading that saw the stock move between a low of PKR 4.32 and a high of PKR 4.49. The session concluded with a large volume of 12,369,382 shares traded, and a closing price slightly lower than the high at PKR 4.34.
December futures for the Bank of Punjab (BOP-DEC) opened at PKR 4.5 and climbed to a closing price of PKR 4.65, trading between a low of PKR 4.45 and a high of PKR 4.6 throughout the day. This contract saw a trading volume of 1,346,000 shares, ending with a closing price of PKR 4.47.
The January futures (BOP-JAN) showed no trading activity with opening, closing, high, and low all at zero. Nonetheless, the contract was listed with a closing price of PKR 4.55, indicating future price expectations.
For the November futures (BOP-NOV), the opening price was PKR 4.4 and the closing price was PKR 4.59. The day's trading remained steady with a low of PKR 4.4 and a high of PKR 4.52, with a volume of 1,086,500 shares traded, closing at PKR 4.36.