Karachi, In the closing market summary for February 29, 2024, Bankislami Pakistan Ltd. saw varied performance across its shares on the Pakistan Stock Exchange (PSE). Detailed trading data reveals fluctuations in opening and closing prices, alongside trading volumes for different share categories of the bank.
The primary shares of Bankislami Pakistan (BIPL) opened at PKR 22.71 and closed higher at PKR 23.7, with the day’s trading fluctuating between a low of PKR 22.71 and a high of PKR 23.46. A significant volume of 5,915,576 shares was traded, closing at a price of PKR 24.31.
For Bankislami Pak. April futures (BIPL-APR), no trades were recorded for the day, with the share price remaining static at PKR 0. However, the stock noted a closing price of PKR 25.33, indicating potential off-market or future interest movements.
March futures of Bankislami Pak. (BIPL-MAR) showed more activity, opening at PKR 23.1 and closing at PKR 23.9. The shares witnessed a low of PKR 23.01 and a high of PKR 23.73 during the trading session, with a total of 340,500 shares changing hands, concluding at a price of PKR 24.79.
Lastly, May futures for Bankislami Pak. (BIPL-MAY) also did not see any trading activity, maintaining an opening and closing price of PKR 0. Despite the lack of trades, the stock was marked with a closing price of PKR 25.94, hinting at expectations for future trading sessions.
The trading day highlighted varying levels of activity and interest across different share categories of Bankislami Pakistan, reflecting a diverse range of investor sentiments and market speculations.