PSX Temporarily Suspends Trading in Systems Limited

The Pakistan Stock Exchange – PSX has announced a temporary suspension in the trading of Systems Limited (PSX: SYS) shares due to a change in the company’s share face value. From May 29 to May 30, 2025, trading in SYS shares will be halted to facilitate a split in face value from Rs. 10 to Rs. 2 per share, as per the company’s book closure on May 31.

Additionally, since SYS is a Deliverable Futures Contract (DFC) eligible security, all existing contracts—SYS-MAYB, SYS-JUNB, and SYS-JUL—will mature early on May 27, with settlement set for May 30. New futures contracts—SYS-JUNB, SYS-JULB, and SYS-AUG—will be available for trading from June 2, covering durations of 30, 60, and 90 days.

Trading in both Ready and Futures Markets will resume on June 2, 2025. The share price will adjust to reflect the new face value, while the paid-up capital remains unchanged.