Karachi, (PPI Bot): On November 27, 2023, JS Bank Ltd's shares, under the symbol JSBL and numbered 807, exhibited stable trading activity on the Pakistan Stock Exchange. The shares opened at Rs. 9.35 and closed at the same rate after fluctuating between Rs. 8.85 and Rs. 8.98 throughout the trading session. The total volume of shares traded was a substantial 3,137,000, reflecting a firm investor interest with a closing daily weighted average rate of Rs. 9.
The JSBL-DEC futures contract, numbered 40, displayed a closing rate of Rs. 9.25, slightly higher than the opening rate of Rs. 9.1. This contract traded within a narrow range, with an opening rate of Rs. 9.1 and a daily weighted average rate closing at Rs. 9.2, with a trading volume of 56,000 shares.
Future contracts for February (JSBL-FEB) and January (JSBL-JAN), both numbered 40, saw no trading activity, opening and closing at zero. However, projected rates suggest potential trading values, with the daily weighted average rate set at Rs. 9.55 for February and Rs. 9.37 for January, aligning with estimated values of Rs. 9.58 and Rs. 9.39, respectively.
The steady performance of JS Bank Ltd's shares and the forward-looking estimates for its futures contracts underscore the stable investor sentiment towards the bank's financial prospects.