Stocks Steady on Border Tension, End Day with Gains
Staff Report
Karachi: The stock market observed range-bound activity for most of the day due to geopolitical border tension.
But it observed some recovery during the latter part of the day, as the index gained and closed at 115,469 level (up by +0.39%)
The top positive contribution to the index came from HBL PA, FFC PA, MEBL PA, MCB PA & NBP PA, as they cumulatively contributed +570 points to the index.best stock to buy now?
Traded value-wise PSO (Rs.. 1.83bn), SNGP (Rs 1.59bn), MARI (Rs 1.40bn), NBP (Rs . 998mn), and HBL (Rs.. 990mn) dominated the trading activity
Traded volume and value for the day stood at 467mn shares and 27.3bn respectively
Following important result announcement for March quarter end that came in today were:
NBP in the banking sector announced its 1Q2025 result announcement in which declared consolidated EPS of Rs.10.29 (down by 2.37%, up by 126% YoY)
HBL from the banking sector also announced its 1Q2025 result announcement in which it declared consolidated EPS of Rs.11.32 (up by 15.3% QoQ & 9.2% YoY), this result was accompanied with an Interim cash dividend of Rs.4.5/share