Karachi, In Monday's trading session at the Pakistan Stock Exchange (PSE), Meezan Bank's stocks exhibited minor fluctuations, as reported in the latest market summary. The primary stock, with code MEBL, opened at 229.01 and closed slightly higher at 233. Throughout the day, the stock price varied between 228.13 and 228.96, with a total of 4,388,357 shares traded, and concluded at a closing price of 229.82.
In parallel, the Meezan Bank April stocks, listed as MEBL-APRB, maintained a stable trajectory, opening and closing at 234.9. Despite a low of 229, the stock peaked at 230.82, with 20,500 shares circulating in the market by the day’s end at a slightly reduced price of 230.81.
Moreover, future contracts for Meezan Bank also showed inactive trading with the June and May futures, codes MEBL-JUN and MEBL-MAY respectively, both starting and remaining at 0 throughout the session. However, they reached highs of 241.19 and 236.56 respectively, setting their closing prices at 242.26 and 232.79.