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    Home ยป SBP, Banks, and PSX to Close for Three Days Starting May 1, 2026
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    SBP, Banks, and PSX to Close for Three Days Starting May 1, 2026

    Web DeskBy Web DeskApril 28, 2026No Comments1 Min Read
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    The State Bank of Pakistan (SBP), all commercial banks, the Pakistan Stock Exchange (PSX), and government offices will be closed for three consecutive days this week, beginning May 1, 2026, in observance of Labour Day and the weekend holidays.

    In a significant development, May 1, 2026, which falls on a Friday, has been declared a federal public holiday to mark Labour Day. The closure has been officially confirmed by the SBP along with other financial and administrative authorities.

    Notably, the Pakistan Stock Exchange has also announced that trading activities will be suspended on May 1, with market operations set to resume once the holiday period concludes.

    Meanwhile, May 2 and May 3, which are Saturday and Sunday respectively, are regular weekly holidays. Consequently, banks, the PSX, and government offices nationwide will remain closed for a total of three consecutive days.

    Authorities have advised citizens, businesses, and investors to plan their banking transactions, trading activities, and official work accordingly to avoid any inconvenience during this extended closure.

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    Indian-Flagged Ship Sunk by Projectile Off Yemen Coast, Crew Rescued

    By Web DeskAugust 5, 20260

    An Indian-flagged vessel was sunk by a projectile near Yemen, but all 14 crew members were safely rescued, says India’s external affairs ministry.

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