Karachi, According to information available from the Pakistan Stock Exchange (PSX), the exchange is set to transition the fifth batch of regular market companies from a 500 lot size to a one share lot size starting May 20, 2024. This change will affect 28 companies and will also result in their discontinuation from the Odd Lots Market.
The move, part of a phased approach announced earlier, follows the notice PSX/N – 402 dated May 6, 2024. System maintenance to facilitate this transition is scheduled for May 17, 2024. Companies in this batch include notable names such as ITTEFAQ, EPQL, and PSX among others listed in Annexure 'A'. All market participants are advised to make the necessary arrangements in preparation for this adjustment.