KARACHI: Investors already at the edge of their nerves received a jolt early morning on Thursday when the Pakistan Stock Exchange (PSX) announced suspension in trading.

However, a notice by PSX to all TREC holders/brokers helped calm the market. The bourse explained that the trading was being temporarily suspended due to some technical issued identified in the trading system where more than 25 brokerage houses were unable to access the network.

Trading was restored after about an hour and the exchange extended the time by 30 minutes until 4pm. No one suspected any wrongdoing and a major market players said that such ‘technical glitches’ were common in developed markets as well.

Published in Dawn, April 26th, 2019