Karachi: Invest Capital Investment Bank Limited (ICIBL) is undergoing a significant change as the Pakistan Stock Exchange (PSX) announced a suspension and reduction in its share capital, according to a notice issued by the exchange on July 6, 2026. This development has prompted adjustments to the trading and settlement schedule for ICIBL shares in both the Regular and Leverage Markets.

The announcement detailed the new clearing and settlement schedule for the Regular Market. From July 8 to July 10, 2026, trading dates have been assigned specific settlement cycles. On July 8 and July 9, the settlement cycle will follow a T+1 pattern, allowing for any pending deliveries to be squared up or closed out by July 10, 2026. On the final trading date of July 10, the cycle shifts to T+0, with all pending deliveries required to be closed out on the same day.

According to information available from the Pakistan Stock Exchange (PSX), these changes are crucial for Clearing Members to note to ensure compliance with the adjusted schedule. The importance of adhering to the new timeline cannot be overstated, as it affects the overall trading and settlement process for ICIBL shares.

This suspension and reduction in share capital mark a significant move within the designated market category and highlight the ongoing regulatory oversight by the PSX. The measures reflect adjustments necessary to align with the current trading and settlement requirements, ensuring transparency and orderliness in the market.