AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, JS Momentum ETF (JSMFETF), an exchange-traded fund focusing on momentum strategies, registered a growth in its stock value at the Pakistan Stock Exchange (PSE) on January 10, 2024, amidst varied trading activities.
JS Momentum ETF opened the trading session at PKR 14.69 and saw an increase, closing at PKR 14.97. The fund experienced a consistent low and high of PKR 14.69 and PKR 14.72, respectively. A significant volume of 1,001,500 shares was traded during the day, concluding with a closing price slightly lower at PKR 14.64.
In the futures market, the JS Momentum ETF February contract (JSMFETF-FEB) showed no trading activity, with both the opening and closing prices at PKR 0. The highest price reached during the session was PKR 15.18, but with no shares traded, the contract closed at PKR 15.11.
The January futures contract for JS Momentum ETF (JSMFETF-JAN) also recorded no trading, maintaining an opening and closing price of PKR 0. The stock’s highest price for the day was PKR 14.89, but no shares were exchanged, and the contract closed at PKR 14.82.
Lastly, the JS Momentum ETF March contract (JSMFETF-MAR) witnessed no trading, with an opening and closing price of PKR 0. The highest price for the session was PKR 15.55, but no shares were traded, and the contract closed at PKR 15.48.