SBP, PSX cut working hours for Ramadan

MG News | February 18, 2026 at 11:03 PM GMT+05:00

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February 18, 2026 (MLN): Pakistan’s financial regulators have issued revised working and trading hours for the holy month of Ramadan, compressing operations across the banking and capital markets in line with customary seasonal adjustments.

The State Bank of Pakistan said banks, development finance institutions and microfinance banks will observe shortened office hours, with reduced public dealing windows. Normal timings will automatically resume after Ramadan.

Banking Sector — Office Hours

Days	Office Hours
Monday to Thursday	09:00 a.m. – 03:00 p.m. (without break)
Friday	09:00 a.m. – 12:30 p.m. (without break)

Banking Sector — Public Dealing Hours

Days	Business (Banking) Hours
Monday to Thursday	09:00 a.m. – 02:00 p.m. (without break)
Friday	09:00 a.m. – 12:30 p.m. (without break)

Separately, the Pakistan Stock Exchange issued a compressed trading schedule for equities, debt markets and negotiated deals, with earlier market closures, particularly on Fridays.

Regular Equity Market (PSX)

Market Phase	Monday–Thursday	Friday
Pre-Open	09:00 – 09:15	09:00 – 09:15
Order Matching	09:15 – 09:17	09:15 – 09:17
Market Open	09:17	09:17
Market Close	13:30	12:30
Post-Close Session	13:35 – 13:50	12:35 – 12:50
Trade Modification	13:50 – 14:20	12:50 – 13:20
Odd Lots Market	09:15 – 13:30	09:15 – 12:30

Negotiated Deals Market (NDM)

Activity	Monday–Thursday	Friday
Open	09:15 – 14:20	09:15 – 13:20
T+0 Settlement	09:15 – 13:00	09:15 – 11:30

Square-Up Market

Activity	Monday–Thursday	Friday
Pre-Open	13:00 – 13:30	12:00 – 12:30
Open-Close	13:30	12:30

Bills & Bonds Market (BnB)

Instrument	Monday–Thursday	Friday
Corporate Debt	09:15 – 13:00	09:15 – 11:30
Government Debt	09:15 – 13:00	09:15 – 11:30
GoP Ijarah Sukuk	09:15 – 13:00	09:15 – 11:30

Other PSX Timings

Category	Monday–Thursday	Friday
PUCARS	08:00 – 13:30	08:00 – 12:30
PSX Office Hours	09:00 – 15:00	09:00 – 14:00

The exchange said the revised timetable will remain in force only during Ramadan and will revert to standard timings afterward, in coordination with the Securities and Exchange Commission of Pakistan and other market infrastructure institutions.

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