Stock circuit breakers increased to 8.5% effective today

News Image

MG News | June 10, 2024 at 12:04 PM GMT+05:00

0:00

June 10, 2024 (MLN): The security-wise circuit breakers, that is the upper and lower locks on stocks have been increased to 8.5% from today, June 10, 2024.

This step comes in line with the Pakistan Stock Exchange (PSX)'s decision to gradually increase the security-wise circuit breakers by 0.5% on a fortnightly basis until they reach a 10% level.

Read: PSX to increase circuit breakers to 10%

The increase in circuit breakers will apply to Regular, Futures, and SIFC Market Symbols and there will be no change in Square Up (SQR) and FUTSQR circuit breakers at this stage.

Changes in circuit breakers for Square Up Markets, if any, will be communicated separately, PSX further said.

To recall, on May 27, the circuit breakers were increased by 7.5% to 8% Rs1, whichever is higher.

After today's increase, the PSX will follow the following timetable to incrementally increase circuit breakers to the desired 10% level.

Implementation Date Existing Circuit Breakers (CBs) CB % increased by Revised CBs
Monday, 24th Jun, 2024 8.5% or Re. 1 whichever is higher 0.50% 9.0% or Re. 1 whichever is higher
Monday, 8th Jul, 2024 9.0% or Re. 1 whichever is higher 0.50% 9.5% or Re. 1 whichever is higher
Monday, 22nd Jul, 2024 9.5% or Re. 1 whichever is higher 0.50% 10.0% or Re. 1 whichever is higher

 

These amendments have already been approved by the Securities and Exchange Commission of Pakistan (SECP).

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 173,169.71
245.48M
0.58%
999.42
ALLSHR 103,952.96
533.68M
0.46%
476.31
KSE30 53,042.90
95.92M
0.73%
384.11
KMI30 242,931.39
83.21M
1.01%
2420.10
KMIALLSHR 66,507.09
270.16M
0.79%
519.06
BKTi 51,058.55
42.50M
0.09%
45.65
OGTi 34,159.98
10.77M
1.77%
594.51
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 67,925.00 68,450.00
66,565.00
720.00
1.07%
BRENT CRUDE 71.68 72.34
71.06
0.02
0.03%
RICHARDS BAY COAL MONTHLY 96.00 0.00
0.00
-3.50
-3.52%
ROTTERDAM COAL MONTHLY 105.50 0.00
0.00
-1.45
-1.36%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 66.31 67.03
65.81
-0.09
-0.14%
SUGAR #11 WORLD 13.86 14.02
13.61
0.16
1.17%

Chart of the Day


Latest News
February 20, 2026 at 04:34 PM GMT+05:00

Pakistan, Philippines pledge stronger economic ties


February 20, 2026 at 04:05 PM GMT+05:00

SCRA balance nears Rs34bn on strong weekly inflows


February 20, 2026 at 03:02 PM GMT+05:00

PKR stands its ground against dollar


February 20, 2026 at 02:49 PM GMT+05:00

Gold price in Pakistan rises Rs2,500 per tola


February 20, 2026 at 01:15 PM GMT+05:00

PSX Closing Bell: Ride the Lightning



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg