National Bank Shares Experience Notable Gains on Pakistan Stock Exchange

Stock Exchange Announcements

Karachi, (PPI Bot): National Bank's stock demonstrated a strong performance on the Pakistan Stock Exchange on November 24, 2023. Opening at PKR 29.97, the shares experienced a notable rise, closing at PKR 31. Throughout the session, the shares fluctuated between a low of PKR 29.97 and a high of PKR 30.46, with a significant trading volume of 9,320,500 shares. This activity resulted in an average closing price of PKR 29.66.

The December futures contracts for National Bank also showed considerable gains, opening at PKR 30.25 and closing at a higher PKR 31.75. The shares traded between PKR 30.25 and PKR 31.5, with a total of 681,500 shares changing hands, culminating in an average closing price of PKR 30.24.

For January, National Bank's futures contracts did not witness any trading, leaving the opening and closing prices at zero. However, the highest price point reached was PKR 31.79, with an average price expectation placed at PKR 31.02.

November futures contracts for National Bank exhibited a rise, with an opening price of PKR 29.99 and a closing at PKR 30.8. The shares traded at a constant low of PKR 29.99 and reached a high of PKR 30.49, with a volume of 575,500 shares traded. The average closing price for these contracts was noted as PKR 29.56.