Karachi: Habib Bank Limited has officially announced the suspension of trading for its Term Finance Certificate, designated as HBLTFC2, due to the upcoming book closure scheduled for the 20th profit payment. The book closure period is set from September 20, 2024, to September 26, 2024.

The trading suspension will commence on September 19, 2024, and will extend through September 26, 2024, with trading expected to resume on the following day, September 27, 2024. According to information available from the Pakistan Stock Exchange (PSX), this measure is routine for such financial activities to ensure orderly processing of the profit payment to certificate holders. Stakeholders and investors in HBLTFC2 are advised to take note of these dates to adjust their trading strategies and financial planning accordingly.