Karachi Stock Exchange Update: JS Momentum Factor ETF

Strategic Insights -

The Karachi Stock Exchange has released an update on the price movement of the JS Momentum Factor Exchange Traded Fund (JSMFETF) as part of its ongoing assessments. According to the latest figures, the JSMFETF, classified under the market code REG, experienced a minor move in its price. The fund's performance stability was reflected across various market codes, including FUT, ODL, and SQR.

Key Takeaways:

  • The JSMFETF experienced a minor move in its price, with the last day close price recorded at 12.19 under the REG market code.
  • The order reject upper price for the JSMFETF under REG was 13.41, while the order reject lower price was recorded at 10.97.
  • The JSMFETF maintained a ready settlement type across various market codes, including FUT, ODL, and SQR.
  • The last day close price for the JSMFETF under the FUT market code was 12.19, mirroring the last day close price under the REG market code.
  • The order reject upper price for the JSMFETF under FUT was 13.5, while the lower price was recorded at 11.04.
  • The order reject upper price for the JSMFETF under ODL was 13.44, while the lower price was recorded at 11.06.
  • The last day close price for the JS Momentum Factor ETF under the SQR market code was 12.19, with an order reject upper price of 14.01 and a lower price of 10.48.

Statistics:

  • Last day close price: 12.19
  • Order reject upper price (REG): 13.41
  • Order reject lower price (REG): 10.97
  • Last day close price (FUT): 12.19
  • Order reject upper price (FUT): 13.5
  • Order reject lower price (FUT): 11.04
  • Order reject upper price (ODL): 13.44
  • Order reject lower price (ODL): 11.06
  • Order reject upper price (SQR): 14.01
  • Order reject lower price (SQR): 10.48

Sources:

  • Pakistan Stock Exchange (PSX) Figures - exact date not specified in the text
  • Pakistan Stock Exchange (PSX) for the latest market assessments