Karachi Stock Exchange Witnesses Notable Movements in JS Global Banking Sector ETF

Strategic Insights -

The Pakistan Stock Exchange (PSX) witnessed significant movements in the JS Global Banking Sector Exchange Traded Fund (ETF) across various market categories on August 7, 2025. The JSGBETF, traded under the symbol JSGBETF, exhibited distinct price thresholds and notable changes in its last day close price. The regular market category (REG) displayed a last day close price of 31.04, indicating a Minor move from the established thresholds. Similar trends were observed in the futures market, with the August, September, and October futures all recording Minor moves. The odd lot market category (ODL) and square off market (SQR) also demonstrated Minor moves, with the latter displaying a wider price range. According to the PSX, these movements reflect the ETF's responsiveness to market conditions, showcasing consistent Minor moves across the board.

Key Takeaways:

  • The JS Global Banking Sector ETF (JSGBETF) showed distinct price thresholds and notable changes in its last day close price across various market categories.
  • The regular market category (REG) had a last day close price of 31.04, indicating a Minor move from the established thresholds.
  • The futures market displayed Minor moves, with the August, September, and October futures all recording the same last day close price of 31.04.
  • The odd lot market category (ODL) demonstrated a Minor move, with a last day close price of 31.04.
  • The square off market (SQR) showed a Minor move, with a wider price range and a last day close price of 31.04.
  • All market categories, including REG, ODL, SQR, and the futures market, maintained a steady last day close price, indicating consistent Minor moves across the board.
  • According to the PSX, these movements reflect the ETF's responsiveness to market conditions.

Statistics:

  • Last day close price in regular market category (REG): 31.04
  • Order reject upper price in regular market category (REG): 34.14
  • Order reject lower price in regular market category (REG): 27.94
  • Last day close price in August futures: 31.04
  • Order reject upper price in August futures: 34.44
  • Order reject lower price in August futures: 28.18
  • Last day close price in September futures: 31.04
  • Order reject upper price in September futures: 34.84
  • Order reject lower price in September futures: 28.5
  • Last day close price in October futures: 31.04
  • Order reject upper price in October futures: 35.34
  • Order reject lower price in October futures: 28.91
  • Last day close price in odd lot market category (ODL): 31.04
  • Order reject upper price in odd lot market category (ODL): 34.14
  • Order reject lower price in odd lot market category (ODL): 27.94
  • Last day close price in square off market (SQR): 31.04
  • Order reject upper price in square off market (SQR): 35.7
  • Order reject lower price in square off market (SQR): 26.38

Sources:

  • Pakistan Stock Exchange (PSX)
  • "Market Data" (Pakistan Stock Exchange, 2025)