Karachi: In a significant move within the financial markets, the National Bank of Pakistan has disclosed a transaction involving the sale of its shares in First Dawood Properties Ltd. The transaction was executed on October 16, 2025.

According to the official disclosure submitted under the Pakistan Stock Exchange (PSX) regulations, the National Bank of Pakistan, a substantial shareholder in First Dawood Properties Ltd, sold 434,900 shares at a rate of 9.03 per share. The total value of the transaction amounted to 3,927,386. This sale represents a very large or significant move, with the bank's holding in the company decreasing by 13.13%.

The National Bank of Pakistan's decision to reduce its stake follows the regulatory framework that requires substantial shareholders to disclose their transactions. According to information available from the Pakistan Stock Exchange (PSX), such transactions are pivotal in maintaining transparency and informing market participants of changes in ownership stakes.

Market observers are closely monitoring the implications of this sale, as it may signal strategic shifts within the bank's investment portfolio. The transaction falls under the designated market category of disclosure of interest by substantial shareholders, a critical component in the financial landscape of Pakistan.

This development is expected to draw attention from both investors and analysts as they assess the potential impact on First Dawood Properties Ltd and the broader market.