Pakistan Stock Exchange Opens December 2023 Stock Index Futures Contract

Karachi, (PPI Bot): The Pakistan Stock Exchange has announced the opening of the Stock Index Futures Contract (SIFC™) for December 2023. The contract commenced on October 2, 2023, and is scheduled to close on December 29, 2023, which falls on a Friday. This futures contract allows investors to trade based on predictions of where the stock index will stand at a future date, providing an opportunity for hedging and speculation in the market.