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PSX to remain closed from April 21 to 25 on Eid holidays

April 18, 2023 at 3:25 am | Economic Affairs

April,17(E. A Report)— Pakistan Stock Exchange (PSX) announced market closure from April 21 to April 25 on account of Eid-ul-Fitr.
In a notification issued on Monday, PSX stated, “all TRE Certificate Holders, staff and concerned are hereby informed that PSX shall remain closed from Friday, April 21, 2023 till Tuesday, April 25, 2023 on account of Eid-ul-Fitr holidays.”
On Thursday, the federal government announced a five-day-long holiday for Eid-ul-Fitr in Pakistan.
According to a statement issued by Ministry of Interior, Eid-ul-Fitr holidays will be observed from Friday, April 21 to Tuesday, April 25. The holidays were approved on the recommendation of the Cabinet Division. A formal notification will be issued by the interior ministry.
Mufti Khalid Ijaz said that Eid-ul-Fitr 2023 most likely to be celebrated on April 22 after completing 30 fasting days of the holy month of Ramazan. He said it is unlikely that the Shawwal moon will be sighted on April 21 evening.

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