Karachi, The Pakistan Stock Exchange (PSE) released its market summary for the closing day of 18 March 2024, revealing a notable performance by Meezan Bank with varied activities across its different stock codes. The details provide insight into the trading dynamics and the closing prices for each category of shares associated with the bank.

Meezan Bank, under the company code MEBL and company number 807, showcased a positive trajectory with its shares opening at a price of 193 and closing higher at 198. Throughout the trading day, shares fluctuated between a low of 193 and a high of 196.36, with a total of 1,546,946 shares traded. The day concluded with a closing price of 192.89, indicating a favorable market response.

In a specialized category, Meezan Bank's April shares (MEBL-APRB) with a company number of 40, maintained stability. These shares opened and closed at 195, without experiencing any fluctuation during the trading session. A modest volume of 5,000 shares was traded, concluding at a lower closing price of 189.73, reflective of specific market conditions impacting this segment.

Further diversification in Meezan Bank's portfolio was seen with its March shares (MEBL-MARB), also listed under company number 40. Opening at 191 and closing slightly higher at 193, these shares encountered a more volatile range, touching a low of 188 and a peak of 191.17 during the session. With 35,500 shares changing hands, the closing price settled at 187.

Lastly, Meezan Bank's May shares (MEBL-MAY), yet another segment under the same company number, did not witness any trading activity. Despite this, an anticipated high of 197.76 was noted, with the closing price set at 194.39, suggesting potential interest and expectations in future trading sessions.