Karachi, The Pakistan Stock Exchange (PSX) today released its trading and settlement schedule for the month of April 2024, outlining the transaction and settlement dates for the ready market (T+2) transactions.

The schedule starts with transactions on Monday, April 1, 2024, set to be settled on Wednesday, April 3, 2024, and continues through the month, with the final transactions on Tuesday, April 30, 2024, settling on Friday, May 3, 2024. The detailed schedule includes a total of 18 transaction and settlement dates, ensuring that market participants are well informed about their trading activities throughout the month.

Notably, the PSX has also announced the dates for the upcoming holidays, which include Jumua-tul-Wida on Friday, April 5, 2024, and Eid-Ul-Fitr, observed from Wednesday, April 10, 2024, to Friday, April 12, 2024. Labour Day will be observed on Wednesday, May 1, 2024. The PSX has advised all concerned parties to take note of these dates for their trading and settlement planning.

In addition, the PSX has reserved the right to alter or vary the announced dates if necessary. Any changes to the settlement schedule, including postponements for any reason, will result in settlements taking place on the next working day.

This announcement is part of the PSX's ongoing efforts to ensure transparency and efficiency in its trading operations, providing stakeholders with the necessary information to manage their investment activities effectively.