Silk Bank Ltd Registers Modest Gains in Stock Price at Pakistan Stock Exchange

Karachi, Silk Bank Ltd, a notable entity in the banking sector, observed a slight increase in its stock price during the closing session of the Pakistan Stock Exchange on February 2, 2024.

The bank's stock (SILK) opened the trading day at PKR 1.03 and closed at a higher price of PKR 1.06. Throughout the session, the stock experienced a low and high of PKR 1.02 and PKR 1.03, respectively. A substantial volume of 2,147,500 shares was traded, with the closing price settling at PKR 1.02.

In the futures market, Silk Bank Ltd's futures for April (SILK-APR), February (SILK-FEB), and March (SILK-MAR) showed no activity in terms of opening and closing trades. However, the April futures reached a high of PKR 1.09, closing at PKR 1.08. The March futures peaked at PKR 1.07, concluding at PKR 1.06. Meanwhile, the February futures touched a high of PKR 1.04 and closed at PKR 1.02.