The Pakistan Stock Exchange (PSX) on Friday announced to update its trading hours, under which the market would now begin trading from 9:30 am to 3:30 pm from Mondays to Thursdays.

However, for Friday trading will take place in two sessions i.e. the first session will begin from 9:15 am to 12 pm, whereas, the second session would resume after Friday prayers at 2:30 pm and would continue till 4:30 pm.

As per PSX, the new timings will be implemented from Monday, July 13.

The revision in PSX trading hours comes a day after the State Bank of Pakistan restored full-day bank timings with effect from Monday to facilitate customers.

As the COVID-19 cases witnessed a massive decline during the last few weeks, the SBP has revised bank timings for public dealing. According to the SBP's instruction to banks, effective July 13, 2020, banks/MFBs will observe the office timings from 9:00 am to 5:30 pm (with prayer/lunch break from 1:30 pm to 2:00 pm) from Monday to Thursday.

On Friday, bank timings will be 09:00 am to 5:30 pm (with prayer/lunch break from 1:00 pm to 2:30 pm) till further orders.