PSX revises trading, settlement schedule following DFC split

MG News | September 23, 2024 at 09:52 AM GMT+05:00

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September 23, 2024 (MLN): Pakistan Stock Exchange (PSX) has revised the trading and settlement schedule of DFC-OCT-2024 and DFC-NOV-2024 due to the announcement of book closure dates of below-mentioned companies.

To note, if any necessity arises, PSX reserves the right to alter or vary the above dates or reduce/extend the contracts, it said in a notice.

Moreover, trades taking place in the shares of above-mentioned securities in OCTB and NOVB contracts will not be eligible for the payment of benefit and will be traded on ex-benefit basis, the notice reads.

The rollover period of above-mentioned securities will be for five trading days i.e. from September 23 to September 27, 2024.

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