KARACHI – Pakistan Stock Exchange (PSX) will resume its normal operational timings , as post COVID-19 activities, from next week i.e. Monday (July 13) with designated time schedule being 9:30 am to 3:30 – 3:45 pm during first four days of the week and from 9:15 am to 4:30 pm every Friday.
PSX Managing Director, Farrukh Khan announcing reversion to normal timings at the Exchange said this will encourage investors and market participants to remain actively engaged in Capital Market related activities.
Citing this to be a positive development PSX chief hoped it would help propagate normal market activities signalling encouraging development for post COVID-19 economy
“This gives positive vibes for flattening of the curve in terms of pandemic,” said Farrukh Khan mentioning that the government, SECP and SBP have taken numerous steps during the current year casting a positive impact on the capital markets of the country.
As per the designated time schedule for PSX market will open at 9:30 am and close at 3:30 pm with trade rectification session extended by 15 minutes whereas during its last working day of the week (Friday) the market to open at 9:15 am will close business for its first session at 12 noon followed by start of its second session at 2:30 pm with closing of the same at 4:30 pm.
Pakistani rupee remains stable against US dollar in the open market on 29 March, 2024.
In the open market, the US dollar was being quoted at 278.3 for buying and 281.05 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 278.3 | 281.05 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.70 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.46 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.7 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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