Karachi, MCB Bank Ltd, trading under the code MCB, exhibited stable growth in the Pakistan Stock Exchange on January 31, 2024. The bank's primary stock opened at Rs. 177.05 and saw an increase, closing at Rs. 180. The stock fluctuated within the day, reaching a low of Rs. 177.05 and a high of Rs. 179.05. A significant number of shares were traded, totaling 287,765, with the closing price recorded at Rs. 178.21.
In addition to its main stock, MCB Bank Ltd also had secondary offerings under the codes MCB-APR, MCB-FEB, and MCB-MAR, which presented different market activities. MCB-APR, MCB-FEB, and MCB-MAR did not record any trading activity for the day, maintaining a closing price of Rs. 0. However, they each reached peak prices of Rs. 189.82, Rs. 181.93, and Rs. 186.32, respectively. The closing prices for these offerings were Rs. 189.06 for MCB-APR, Rs. 180 for MCB-FEB, and Rs. 185.57 for MCB-MAR.