United Bank Experiences Notable Stock Performance and Futures Activity in Pakistan Stock Exchange

Stock Exchange Announcements

Karachi, In the recent trading session at the Pakistan Stock Exchange on February 9, 2024, United Bank, listed under the company code UBL, witnessed significant activity in its stock and futures trading. The bank's shares opened the day at 182 PKR and closed at a higher price of 185.7 PKR. Throughout the trading session, the stock fluctuated, with a low of 182 PKR and a high of 184.15 PKR. A total of 608,053 shares were traded, and the closing price was slightly higher at 185.99 PKR.

In the futures market, United Bank's contracts exhibited notable movements. The UBL-APR contract, despite having no opening or closing trades, reached a high of 193.81 PKR during the session and closed at an increased price of 196.14 PKR.

The UBL-FEB futures contract saw more activity, opening at 184.5 PKR and closing higher at 186.98 PKR. The stock's trading range was relatively narrow, with a low of 184.5 PKR and a high of 186.13 PKR. A total of 13,000 shares were traded, concluding with a closing price of 187.11 PKR.

Lastly, the UBL-MAR futures contract, similar to UBL-APR, recorded no opening and closing trades. However, it reached a session high of 190.21 PKR and ended with a closing price of 192.5 PKR.

United Bank's performance on the Pakistan Stock Exchange reflected a positive trend in both its regular stock and futures contracts, highlighting active investor interest and market dynamics.