Karachi, The Pakistan Stock Exchange (PSE) concluded its trading session on February 2, 2024, revealing mixed results for shares of Bank of Punjab (BOP) among others. The trading session showcased fluctuations in stock prices with notable trades across several of its listed securities.
Bank of Punjab (BOP), a significant entity on the PSE, saw its primary stock opening at a price of PKR 6.2 and closing higher at PKR 6.39. The stock fluctuated between a low of PKR 6.19 and a high of PKR 6.22 throughout the trading day. A total of 4,203,295 shares were traded, with the closing price settling at PKR 6.23.
In addition to its main listing, Bank of Punjab's alternative payment rights (APR) securities, specifically for April (BOP-APR), did not witness any trading activity, maintaining a stagnant position with both the opening and closing prices at zero, despite a noted stock high of PKR 6.57. The closing price was listed as PKR 6.6.
Similarly, BOP's February futures (BOP-FEB) experienced trading, opening at PKR 6.37 and closing slightly higher at PKR 6.45. The stocks moved between a low of PKR 6.26 and a high of PKR 6.28, with 1,435,500 shares changing hands. The session ended with a closing price of PKR 6.31.
The March futures (BOP-MAR) for Bank of Punjab, like its April counterpart, saw no trading activity, displaying no change in its opening and closing positions. The highest price point noted was PKR 6.45, with the closing price marked at PKR 6.48.
The day's trading activity on the PSE highlighted the varying performance levels of Bank of Punjab's stocks and futures, reflecting the diverse investor sentiments and market dynamics at play.