Karachi: Habib Bank Limited (HBL) has announced changes to its Contract Specification for Futures (CSF) following a recent book closure declaration. Effective April 28, 2026, the CSF contracts tagged as HBL-CMAYN1, HBL-CJUN, and HBL-CJUL will transition into non-standardized contracts identified as HBL-CMAYN2, HBL-CJUNN1, and HBL-CJULN1.

According to information available from the Pakistan Stock Exchange (PSX), the adjustment in contract specifications reflects a change in the contract multiplier from 509 to 517 and an increase in the free float from 600.43 million to 612.59 million. The contract prices have also undergone modifications, with the MAY contract price adjusting from 306.32 to 300.68, the JUN contract from 309.80 to 304.01, and the JUL contract from 314.15 to 308.28. The ready price has been revised from 302.35 to 296.35.

These adjustments represent a big move in the contract specifications of HBL, a key player in the designated market category. All stakeholders have been advised to make note of these changes.