SBP, PSX cut working hours for Ramadan
MG News | February 18, 2026 at 11:03 PM GMT+05:00
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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