Karachi November 25, 2021: Pakistan Stock Exchange has announced that In context of the reclassification of Pakistan from MSCI Emerging Market Index to MSCI Frontier Market Index, all Market Participants are hereby informed that the following temporary changes in ‘Market Timings’ and ‘Closing Price Determination’ shall be implemented for the period mentioned hereunder.
Change In Duration For Closing Price Determination: The ‘Closing Price’ of Securities shall be determined over the last 120 minutes of the regular market session on the basis of Volume Weighted Average Price (VWAP) as against the current practice of last 30 minutes.
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GEM Companies Trading Shall Be Carried Out On The Existing KATS
It is worth mentioning to note that PSX has also notified revised timing for Post Close Session, Trade Rectification/Modification session and Negotiated Deals Market. Post close session time is also extended by 15 minutes to 4:30pm.
The above changes shall remain effective from Friday, November 26th 2021 till Friday, December 3rd
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Trading In Shares Of Pak Agro GEM To Be Start From Tomorrow: PSX
- The timings shall be reverted back to the existing DTS w.e.f. Monday, December 6th 2021.
