Karachi, The Pakistan Stock Exchange (PSE) announced adjustments to the trading and settlement schedule for Deliverable Future Contracts (DFC) for May and June 2024 due to upcoming book closure dates of several companies. The modifications impact contracts for Engro Corporation Limited as well as for Bank Al Habib Limited, Faysal Bank Limited, and Nishat Power Limited.

Engro Corporation Limited will see changes to its trading and settlement dates for DFC contracts in both May and June. The May contract (MAYB) will close on April 30 and settle on May 3, while the June contract (JUN) follows the same schedule. The revised schedule without benefits, including contracts MAYC in May and JUNB in June, begins on April 26, ends on May 31 and June 28, respectively, with settlements on June 4 and July 2.

For Bank Al Habib Limited, Faysal Bank Limited, and Nishat Power Limited, similar adjustments have been made. The trading for these companies under the May (MAY) and June (JUN) contracts will also end on April 30 with settlements scheduled for May 3. The contracts without benefits, MAYB and JUNB, for these companies will open on April 26, close on May 31 and June 28, respectively, and settle on June 4 and July 2.

The Pakistan Stock Exchange has reserved the right to further alter these dates or adjust the duration of the contracts if necessary. Additionally, trades in the shares of these securities during the rollover period from April 26 to April 30 will not be eligible for benefits and will be traded on an ex-benefit basis.