Karachi, JS Global Banking ETF (JSGBETF) maintained a stable opening and closing price of PKR 14.45 on the Pakistan Stock Exchange (PSE), with a total of 500 shares traded throughout the day. Despite the minimal trading activity, the exchange-traded fund (ETF) showcased a slight increase in its closing price to PKR 14.66, indicating a positive investor sentiment towards this financial instrument.
In the futures market, JS Global Banking ETF observed notable adjustments in the closing prices of its future contracts, despite no shares being traded in these segments. The April future contract (JSGBETF-APRB) saw an increase to PKR 15.2 from an implied opening price, showcasing investor expectations of future gains. Similarly, the March contract (JSGBETF-MARB) adjusted to a closing price of PKR 14.9, reflecting a positive outlook compared to its implied opening.
Moreover, the May future contract for JS Global Banking ETF (JSGBETF-MAY) also witnessed an adjustment, with its closing price reaching PKR 15.57, indicating optimism in its future performance.
This trading activity highlights the stable yet optimistic investor interest in JS Global Banking ETF, as reflected in both the minimal day trading volume and the positive adjustments in future contracts' closing prices on the PSE.