{"id":11372,"date":"2025-08-25T09:37:09","date_gmt":"2025-08-25T04:37:09","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=11372"},"modified":"2025-08-25T09:37:11","modified_gmt":"2025-08-25T04:37:11","slug":"can-muslim-commercial-bank-mcb-continue-to-rally-further","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/can-muslim-commercial-bank-mcb-continue-to-rally-further\/","title":{"rendered":"Can Muslim Commercial Bank (MCB) Continue to Rally Further?"},"content":{"rendered":"\n<p><strong>Muslim Commercial Bank (<a href=\"https:\/\/ksestocks.com\/blog\/tag\/mcb\/\" data-type=\"post_tag\" data-id=\"61\" target=\"_blank\" rel=\"noreferrer noopener\">MCB<\/a>) <\/strong>can close above the 2015 high of 343. 343 acts as a key resistance, and a break of the structure with a strong candlestick on the monthly time frame could indicate further rally. Price is well above the 9 EMA and is using the 200 EMA as support. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"550\" src=\"https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-08-23-at-17.18.03_143c215d-1-1024x550.jpg\" alt=\"\" class=\"wp-image-11374\" srcset=\"https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-08-23-at-17.18.03_143c215d-1-1024x550.jpg 1024w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-08-23-at-17.18.03_143c215d-1-768x413.jpg 768w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-08-23-at-17.18.03_143c215d-1-640x344.jpg 640w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-08-23-at-17.18.03_143c215d-1-400x215.jpg 400w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/08\/WhatsApp-Image-2025-08-23-at-17.18.03_143c215d-1-367x197.jpg 367w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-left\">On the fundamental side, MCB trades at an attractive expected P\/E ratio of 7.72 with a dividend yield of approximately 10%. On the other hand, MCB traded at a P\/E ratio greater than 15 with a dividend yield of less than 5%. Furthermore, Current Accounts also witnessed a 27% growth YTD, compared to the industry average of 16%. Hence, it could be a good stock to keep an eye\u00a0on.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Muslim Commercial Bank (MCB) can close above the 2015 high of 343. 343 acts as a key resistance, and a break of the structure with a strong candlestick on the monthly time frame could indicate further rally. <\/p>\n","protected":false},"author":9254,"featured_media":11375,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[154,127],"tags":[61],"class_list":["post-11372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-technical-analysis","tag-mcb"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/08\/Copy-of-Charts5-1-1140x445.jpg",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/08\/Copy-of-Charts5-1-463x348.jpg",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/08\/Copy-of-Charts5-1-300x188.jpg",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2025\/08\/Copy-of-Charts5-1.jpg",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/9254"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=11372"}],"version-history":[{"count":1,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11372\/revisions"}],"predecessor-version":[{"id":11376,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11372\/revisions\/11376"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/11375"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=11372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=11372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=11372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}