Karachi: In a recent update concerning the Pakistan Stock Exchange (PSX), adjustments have been made to the Standardized CSF Contracts of Bank AL Habib Limited (BAHL) and Kot Addu Power Company (KAPCO). Following the announcement of a Book Closure by the respective companies, the contracts are set to transition from standardized to non-standardized formats effective March 13, 2026.

The changes affect the BAHL contracts labeled as BAHL-CMAR, BAHL-CAPR, and BAHL-CMAY, which will now be recognized as BAHL-CMARN1, BAHL-CAPRN1, and BAHL-CMAYN1. Similarly, the KAPCO-CMAR contract will convert to KAPCOCMARN1. According to the revised contract specifications, the contract multiplier for BAHL has increased from 500 to 512, while KAPCO’s multiplier has risen from 500 to 523.

In terms of free float adjustments, BAHL’s pre-adjustment figure of 777.99 million has been revised upward to 800.82 million. KAPCO’s free float has similarly increased from 456.56 million to 481.36 million. Contract prices have also been adjusted, with BAHL’s March contract price decreasing from 158.88 to 154.49, April from 160.66 to 156.22, and May from 162.90 to 158.40. KAPCO’s March contract price has seen a reduction from 29.30 to 27.80.

According to information available from the Pakistan Stock Exchange (PSX), KAPCO was removed from the CSF eligible list as per the CSF review criteria and PSX notice PSX/N-110 dated January 23, 2026. As a consequence, no further CSF contracts for KAPCO will be opened from April onwards.

These adjustments are part of the PSX’s routine practice to ensure market stability and reflect corporate actions such as book closures in the trading environment. Stakeholders are urged to take note of these changes as they engage with the market.