MCB Bank and Meezan Bank Set for January Futures Trading

Karachi, (PPI Bot): MCB Bank Limited (MCB) and Meezan Bank Limited (MEBL) are now listed for the January 2024 Deliverable Future Contracts (FUT) on the Pakistan Stock Exchange. The contracts, MCB-JAN and MEBL-JAN, will be traded from October 30, 2023, to January 26, 2024, with the settlement scheduled for January 30, 2024. These listings represent a strategic move for MCB Bank in the banking industry and Meezan Bank in Islamic banking services.