REVISION IN TRADING and SETTLEMENT SCHEDULES AT PAKISTAN STOCK EXCHANGE DUE TO EID HOLIDAY

Karachi: In continuation of Notice PSX/N-839 dated August 30th, 2024, it is hereby informed that due to the public holiday on account of Eid Milad-un-Nabi, the trading and settlement schedule at the Pakistan Stock Exchange (PSX) has been revised.

The changes are specifically for the Ready Market trading calendar for September 2024. According to the new schedule, trading that was initially set for September 12th, 2024 (Thursday), with a settlement date of September 17th, 2024 (Tuesday), will now settle on September 16th, 2024 (Monday). Additionally, the trading scheduled for September 16th, 2024 (Monday) will now see its corresponding settlement pushed from a non-trading day to September 19th, 2024 (Thursday). The trading on September 17th, 2024 (Tuesday), will not have a settlement day and will instead be treated as a non-trading day.

According to information available from the Pakistan Stock Exchange (PSX), these revisions are part of an ongoing effort to accommodate significant public holidays and ensure smooth operational transitions for market participants. All concerned parties are requested to note these changes. Moreover, the PSX retains the authority to further alter or vary these dates as necessary. In case any settlement is postponed for any reason, it will be rescheduled to the next working day.

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