The Pakistan Stock Exchange (PSX) has recently announced that trading hours will be extended to 8 pm from the current 5 pm, effective from July 1st. This decision has been taken in order to improve liquidity and efficiency in the market, and to provide investors with more opportunities to trade.
The new trading hours will be divided into two sessions – the morning session from 9 am to 1 pm and the afternoon session from 2 pm to 8 pm. This move is expected to benefit both investors and brokers as it will provide them with more time to make trades.
The extended trading hours will also help to increase the market’s liquidity, as investors will have more time to buy and sell stocks. This, in turn, will encourage more trading activity and help to reduce market volatility.
The move is also expected to benefit the economy as a whole, as it will help to create more jobs in the financial sector. This, in turn, will help to stimulate economic growth and create more opportunities for investors.
The PSX has also announced that it will introduce a new online trading platform, which will allow investors to trade from anywhere in the world. This move is expected to further increase the market’s liquidity and efficiency, and will make it easier for investors to access the market.
Overall, the decision to extend trading hours at the PSX is a welcome move, and is expected to benefit both investors and the economy as a whole. It will provide investors with more opportunities to trade, and will help to reduce market volatility and create more jobs in the financial sector.