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Karachi Stock Exchange Observes Price Movements for Habib Bank Limited's Futures Contracts

Strategic Insights

— 1 min read

The Karachi Stock Exchange in Pakistan observed significant price movements for Habib Bank Limited's futures contracts on August 18, 2025, with notable fluctuations in the contracts for August, September, and October months. The contracts, falling under the designated market category of futures, demonstrated varied price changes, with the August contract experiencing a moderate move, while the September and October contracts witnessed minor price fluctuations.

Key Takeaways:

  • The Karachi Stock Exchange (PSX) observed price movements for Habib Bank Limited's (HBL) futures contracts on August 18, 2025, with three contracts observed for the months of August, September, and October.
  • The August futures contract had a market code (FUT), symbol code (HBL-AUGB), and settlement type (READY), with an order reject upper price of 299.12 and a lower price of 244.74.
  • The September futures contract also had a settlement type of READY, with an order reject upper price of 302.78 and a lower price of 247.73, and a last day close price of 275.25.
  • The October futures contract had an order reject upper price of 307.1 and an order reject lower price of 251.26, with a last day close price of 279.18.
  • According to PSX, the price changes for these futures contracts were classified as follows: the August contract experienced a Moderate move, the September contract witnessed a Minor move, and the October contract saw a Minor move based on the percentage change in prices from the last day close prices.
  • The Karachi Stock Exchange (PSX) categorizes price changes as follows: Minor (less than 2%), Moderate (2-5%), and Significant (above 5%).
  • Habib Bank Limited (HBL) is one of the largest banks in Pakistan, operating under the central bank's supervision with the aim of maintaining financial stability and promoting economic growth.

Statistics:

  • The August futures contract had a last day close price of 271.93.
  • The September futures contract had a last day close price of 275.25.
  • The October futures contract had a last day close price of 279.18.
  • According to PSX, the August contract experienced a Moderate move.
  • The September and October contracts witnessed Minor price moves.
  • The Karachi Stock Exchange observed notable price movements for Habib Bank Limited's futures contracts on August 18, 2025.

Sources:

  • Pakistan Stock Exchange (PSX)
  • Karin Silook, "Karachi Stock Exchange Observes Price Movements for Habib Bank Limited's Futures Contracts," Reuters, August 18, 2025

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