MCB stocks jump by 10%

The good performance of the MCB group, which garnered profits of Rs6.1Bn for the nine months ending March 31, 2021, positively impacted its stocks.

MCBG shares jumped 9.7% to reach Rs260 at the market close on Monday, Defi Media reported.

The shares of SBM (which recorded net profits of Rs 417.8M for the first quarter ending March 31, 2021) climbed 1.23%, closing at Rs4.10.