Karachi: PSX Regulatory Affairs Division released a statement today regarding Pervez Ahmed Consultancy Limited (PASL), signaling an inquiry into recent anomalies in the company’s stock activities. According to information available from the Pakistan Stock Exchange (PSX), the regulatory body issued a letter under Section 97 of the Securities Act, 2015 and PSX Regulation 5.6.3.

The letter, dated September 24, 2024, addressed to PASL, sought clarification on the significant fluctuations in the price and volume of its shares. This move is part of PSX’s efforts to maintain transparency and protect investor interests by closely monitoring market activities that deviate from normal patterns.

As the market watches closely, stakeholders of Pervez Ahmed Consultancy are awaiting further details on the nature of the anomalies and the company’s response to the exchange’s queries.

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