{
  "id": 2367214,
  "title": "Eid Milad-un-Nabi: PSX to remain closed on August 26",
  "url": "https://urgent.news/2026/08/21/eid-milad-un-nabi-psx-to-remain-closed-on-august-26",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T11:15:17.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40435949/eid-milad-un-nabi-psx-to-remain-closed-on-august-26"
  },
  "original_language": "en",
  "account": "On Wednesday, August 26, 2026, the Pakistan Stock Exchange Limited (PSX) will observe a closure in observance of Eid Milad-un-Nabi. This decision comes after the Central Ruet-e-Hilal Committee announced that the moon for Rabi-ul-Awwal, the third month of the Islamic lunar calendar, had not been sighted. The federal government has also declared August 26 as a public holiday across Pakistan to mark this occasion. Prime Minister Shehbaz Sharif approved the holiday, following its recommendation by the Cabinet Division. Eid Milad-un-Nabi, celebrated by Muslims worldwide, commemorates the birth of Prophet Muhammad (peace be upon him) on the 12th day of Rabi-ul-Awwal.",
  "summary": "The Pakistan Stock Exchange Limited (PSX) will remain closed on Wednesday, August 26, 2026, on the occasion of Eid Milad-un-Nabi (PBUH). “All TRE Certificate Holders, staff and concerned are hereby informed that Pakistan Stock Exchange Limited will remain closed on Wednesday, August 26, 2026, on the occasion of Eid Milad-un-Nabi (12th Rabi ul Awal),” the PSX said. Meanwhile, the federal…",
  "key_points": [
    "PSX to close on August 26 for Eid Milad-un-Nabi",
    "Central Ruet-e-Hilal Committee didn't sight moon",
    "Federal government declares holiday for occasion"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}