Karachi, The Pakistan Stock Exchange (PSX) has announced the trading and settlement schedule for the 90 Days Stock Index Futures Contracts (SIFC-JUNE-2024), setting key dates for investors and market participants.

The schedule highlights the opening of contracts for the KSE 30 index on April 1, 2024, a Monday, and their closing on June 28, 2024, a Friday. The settlement for these contracts is slated for July 2, 2024, a Tuesday. This structured timeline is pivotal for investors engaging in futures contracts, providing a clear framework for their trading activities over the coming months.

Additionally, the announcement covers the Oil & Gas and Banking sector index futures contracts, denoted as OGTI-JUN-24 and BKTI-JUN-24, respectively, aligning their trading and settlement schedule with that of the KSE 30 index futures contracts.

The PSX has also noted that, if necessary, it reserves the right to alter or vary the aforementioned dates. This flexibility could include adjustments to the trading period or modifications to the contract lengths, ensuring the Exchange can adapt to changing market conditions or regulatory requirements.

This announcement is part of PSX's ongoing efforts to maintain transparency and provide clear, actionable information to the investment community, facilitating the smooth operation of financial markets in Pakistan.