Update: It has been reported that PSX’s trade management system is back and trading has resumed. PSX management has issued the following notification:
Due to a technical error, trading at Pakistan Stock Exchange has been suspended since 10:23 am.
According to the Pakistan Stock exchange, due to a technical fault in the trading and exposure management system, the trading system is not working properly.
Due to some technical issues identified in the Trading System of the Exchange more than 25 brokerage houses were unable to access the Trading Network.
The PSX IT team is working to resolve the issue, and as soon as the issue is resolved the system will resume for trading.
Reopening of the market and any extended trading time will be announced by the office of Exchange to all market participants.
This is the second breakdown after October 2017 when the trading was suspended due to a technical fault in the trading and exposure management system.