PSX Suffers 2,000-Point Drop as Profit-Taking and Weak Bank Earnings Weigh on Sentiment
The Pakistan Stock Exchange (PSX) experienced a turbulent session on Thursday, with the KSE-100 index plunging nearly 2,000 points due to widespread profit-taking ahead of the futures rollover week and lackluster bank earnings that dampened investor confidence.
Habib Metropolitan Bank Records Rs17.76 Billion Profit in 9MFY25 Despite Cost Pressures and Tax Hike
Habib Metropolitan Bank Limited (PSX: HMB) posted a consolidated profit after tax of Rs17.76 billion for 9MFY25, marking a 9.7% decline year-on-year. Despite rising operating expenses and higher taxation, the bank sustained growth in non-mark-up income, driven by strong gains on securities and higher foreign exchange earnings.
Habib Metropolitan Bank Reports Slight Half-Year Profit Growth Despite Higher Expenses
Habib Metropolitan Bank reported a marginal 0.36% rise in half-year profit to Rs12.01 billion, supported by higher interest and non-interest income, but weighed down by rising operating expenses and taxes.
NIBAF Concludes Islamic Banking Certification Program for Habib Metropolitan Bank Officers in Karachi
NIBAF successfully delivered a three-day Islamic Banking Certification Program in Karachi from June 12–14, 2025, aimed at deepening the knowledge and skills of Habib Metropolitan Bank officers in Shariah-compliant banking practices.