Faysal BankXD Shares Observe Mixed Closing on 14 Nov at Pakistan Stock Exchange

Karachi (PPI Bot): Faysal BankXD's shares displayed a varied performance at the Pakistan Stock Exchange (PSE) on the closing of 14th November 2023. The principal stock of Faysal BankXD, with the company code FABL and registered as company number 807, experienced a positive trajectory. It opened at a price of PKR 25.15 and closed slightly higher at PKR 25.5. Throughout the day, the shares fluctuated between a low of PKR 25 and a high of PKR 25.07, with a total of 1,441,039 shares traded. The closing price settled at PKR 25.18.

Meanwhile, the derivative products of the bank under the codes FABL-DECB and FABL-JAN, corresponding to company numbers 40, had no activity, showing no opening or closing trades, and registered no stock movement throughout the day. Despite the inactivity, the stocks had a listed high of PKR 25.84 and PKR 26.34, respectively, with their closing prices noted at PKR 25.97 and PKR 26.48.

In contrast, another derivative, FABL-NOVB, again with company number 40, mirrored the parent stock's performance to some extent. It opened and closed at the same price of PKR 25.6, hitting a low of PKR 25.3 and a high of PKR 25.3, with a modest 7,500 shares changing hands. The closing price was recorded at PKR 25.21.