Karachi: The Pakistan Stock Exchange has announced a revised trading and settlement schedule for Deliverable Future Contracts (DFC) related to Sui Northern Gas Pipelines Limited (SNGP) due to the company's upcoming book closure date. This adjustment affects DFC contracts for May 2025, June 2025, and July 2025.

For the contracts involving Sui Northern Gas Pipelines Limited, the trading and settlement schedule on a cum-benefit basis will proceed as follows: the May contract opened on March 3, 2025, and will close on May 9, 2025, with settlement on May 13, 2025. The June contract opened on April 3, 2025, will also close on May 9, 2025, and settle on May 13, 2025. The July contract, which commenced on April 28, 2025, follows the same closing and settlement dates as the preceding contracts.

The trading schedule without entitlement to benefits is as follows: the MayB contract will open on May 7, 2025, close on May 30, 2025, and settle on June 3, 2025. The JuneB contract begins on May 7, 2025, closing on June 27, 2025, with settlement on July 2, 2025. The JulyB contract will start on May 7, 2025, close on July 25, 2025, and settle on July 29, 2025.

According to information available from the Pakistan Stock Exchange (PSX), trades in the SNGP shares under the MAYB, JUNB, and JULB contracts will not be eligible for entitlements, trading on an ex-benefit basis instead. The overlapping period for the mentioned security will span three trading days, from May 7, 2025, to May 9, 2025.

The PSX has reserved the right to alter or vary the specified dates or adjust the duration of the contracts if necessary. Market participants are advised to note these changes as they engage in future trading activities involving Sui Northern Gas Pipelines Limited.