Karachi, The Pakistan Stock Exchange (PSX) has released the trading and settlement schedule for Deliverable Future Contracts (DFC) for June 2024. This announcement details the opening and closing dates for the contracts, alongside the settlement date, providing essential information for market participants.

The DFC for June 2024 will commence on April 1, 2024, a Monday, and conclude on June 28, 2024, a Friday. The settlement date is set for Tuesday, July 2, 2024. The exchange has issued an Annexure A listing the securities eligible for trading in the DFC market for this period.

Notably, the PSX announcement specifies that shares from certain companies, including Adamjee Insurance Company Limited (AICL), Engro Corporation Limited (ENGRO), Lotte Chemical Pakistan Limited (LOTCHEM), and Systems Limited (SYS), will not be eligible for the payment of benefits during the DFC-JUN-24 due to their book closure dates. Trading for these shares will occur on an ex-benefit basis.

The provided Annexure A includes a comprehensive list of securities eligible for DFC trading, ranging from Alfalah Consumer Index (ETF) to Worldcall Telecom Limited, covering various sectors and industries. Market participants are advised to reference this list for their trading strategies.

The PSX retains the right to modify the trading and settlement dates if necessary and emphasizes that any changes will be communicated promptly. This scheduling is part of the PSX's ongoing efforts to provide structured and transparent trading mechanisms for its participants.