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Categories: BusinessNewsPakistan

SBP, PSX to Remain Closed on December 25

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The State Bank of Pakistan, along with all banking and financial institutions including The Pakistan Stock Exchange Limited (PSX), will remain closed on December 25, 2024, in observance of Quaid-e-Azam Day and Christmas.

“The State Bank of Pakistan will remain closed on December 25, 2024 [Wednesday], being a public holiday on the occasions of Quaid-e-Azam Day and Christmas, as declared by the Government of Pakistan,” the central bank announced in a statement on Monday.

“All TRE Certificate Holders, Staff, and concerned are hereby informed that Pakistan Stock Exchange Limited will remain closed on Wednesday, December 25, 2024, being Public Holiday declared by the Government of Pakistan on the occasion of Quaid-e-Azam Day /Christmas,” according to the notice issued by PSX.

The closure extends to all banks, microfinance institutions, and development finance institutions across the country as part of the public holiday.

Earlier in the day, the Cabinet Division issued the public and optional holiday schedule for 2025, with February 5 marked as the first holiday for Kashmir Solidarity Day, followed by Pakistan Day on March 23.

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Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

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