May 28 Holiday Announced for Youm-e-Takbeer 2025

The Pakistan Stock Exchange (PSX) will remain closed on Wednesday, May 28, 2025, in observance of Youm-e-Takbeer, a national public holiday commemorating Pakistan’s historic nuclear tests of 1998. The closure aligns with the government’s official announcement marking this significant day.

In a notice issued on Monday, the PSX stated:

“All concerned are hereby informed that Pakistan Stock Exchange Limited will remain closed on Wednesday, May 28, 2025, being a public holiday declared by the Government of Pakistan on the occasion of Youm-e-Takbeer.”

Why May 28 Is a Public Holiday in Pakistan

Youm-e-Takbeer, observed every year on May 28, celebrates Pakistan’s successful nuclear tests conducted on May 28, 1998, in the Chaghi Hills of Balochistan. These tests marked a defining moment in the country’s defense history, making Pakistan the seventh nuclear power in the world and the first Muslim-majority nation to achieve nuclear capability.

The tests were carried out in response to regional security threats, establishing Pakistan’s strategic deterrence and reinforcing its national sovereignty.

Impact of May 28 Holiday on Financial Activities

With the announcement of the May 28 holiday, there will be no trading activity at the PSX on Wednesday. Regular operations will resume on Thursday, May 29, 2025. Market participants and stakeholders are advised to plan their financial activities accordingly.

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Syeda Qandeel Zehra
Syeda Qandeel Zehrahttps://hamariweb.com/
Syeda Qandeel Zehra, an MBA holder with four years of content writing experience, is a versatile writer adept in news, blogs, and articles. Specializing in SEO content, she combines business insight with engaging storytelling. Keen on staying updated with industry trends, Syeda crafts compelling and high-ranking content that resonates with her audience.

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