Times of Pakistan

1st May Holiday: SBP And Pakistan Stock Exchange to Remain Closed on Labour Day 2026

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Financial hubs across Pakistan, including the State Bank and PSX, will pause operations for a three-day period this week. This synchronized closure for Labour Day 2026 impacts nationwide banking, stock trading, and government services. Investors must align with these PSX holiday 2026 updates to manage liquidity effectively.

The Pakistan Stock Exchange (PSX) and the State Bank of Pakistan (SBP) have both confirmed they will remain closed on Friday, May 1, 2026.

This closure stems from a nationwide public holiday observed for Labour Day. According to a newly issued circular, the SBP and all its subsidiary offices will halt operations across the country on Friday. Consequently, market participants will face a three-day break, with government offices also shutting down for the duration.

Chief Operating Officer Jawad Haider Hashmi clarified in a PSX holiday notice that all trading, clearing, and settlement activities are suspended. Because the central bank is closed, you will not be able to process interbank transfers or settle brokerage funds until the following week.

If you have open positions on the KSE-100, ensure your margins are covered by Thursday evening. Normal business hours for all institutions will resume on Monday, May 4, 2026. This coordinated stop aligns with federal policy to honor International Workers’ Day throughout Pakistan.

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