Eid Milad-un-Nabi: PSX to remain closed on August 26

Business Recorder reported that the Pakistan Stock Exchange will be shut on Wednesday, August 26, 2026, for Eid Milad-un-Nabi (PBUH). The exchange notified certificate holders, employees and other interested parties of the closure. Separately, a Cabinet Division notification, issued after Prime Minister Shehbaz Sharif approved it, made the same Wednesday a nationwide public holiday.

The date was fixed after the Central Ruet-e-Hilal Committee said, last week, that the Rabi-ul-Awwal crescent had not appeared. Muslims worldwide mark it on the 12th day of Rabi-ul-Awwal, the third lunar month, commemorating the birth of the Prophet Muhammad (PBUH).

The closure removes one trading session from the PSX calendar, which matters for anyone planning orders around that date. The public holiday applies across Pakistan, so the exchange shutdown is part of a wider nationwide break.