Business

PSX announces holiday on December 25, 2024

Published by
Staff Reporter

ISLAMABAD: In a recent development, the Pakistan Stock Exchange (PSX) announced on Friday that it will remain closed on Wednesday, December 25, 2024, in observance of Quaid-e-Azam Day and Christmas.

The closure was declared a public holiday by the Government of Pakistan, and all Trading Right Entitlement Certificate (TREC) Certificate Holders, staff, and stakeholders have been communicated of the closure via an announcement on Friday.

It is worth noting that the Cabinet Division does send out a list of public holidays for the entire year, in which the 25th of December is observed as a day of public holiday across the country.

This means that all government offices, institutions, and businesses, including that of the PSX, will be closed on this day to allow people to celebrate and observe these significant occasions.

The closure of the PSX is bound to be well received by those participating; the benefits of this will spill over to the start of trading activities after the two holidays, thus allowing traders to take time off to rejuvenate and spend time with family and friends and embrace the festive community season.

Staff Reporter

Recent Posts

Suzuki Cultus new prices revealed in Pakistan

ISLAMABAD: Pak Suzuki’s latest financing policy has released the prices of all Cultus variants, total…

6 minutes ago

Farrukh Khokhar arrested after court hands down life sentence in Majid Satti murder case

RAWALPINDI: Farrukh Khokhar was arrested inside the courtroom on Monday after a Rawalpindi court sentenced…

1 hour ago

Cabinet reshuffle preparations underway

ISLAMABAD: Preparations for reshuffle in the federal cabinet have been intensified, and the possibility of…

2 hours ago

Petroleum prices lower than regional countries: Petroleum Minister

ISLAMABAD: Petroleum Minister Ali Pervaiz Malik has said that the prices of petroleum products in…

2 hours ago

Shaheen Afridi Granted NOC to Join Kandy Royals for Lanka Premier League

ISLAMABAD: Pakistan's star fast bowler Shaheen Shah Afridi has been granted a No Objection Certificate…

3 hours ago

Iranian Rial Latest Rate in Pakistan – July 13, 2026

KARACHI: The Iranian Rial continues to face significant challenges internationally due to sanctions and economic conditions. It…

4 hours ago