Unusual Price Movement in Kohinoor Power Company Limited Shares Observed

Islamabad, Kohinoor Power Company Limited (KOHP) has officially responded to inquiries regarding recent unusual movements in its stock price and volume. The company’s statement came following a letter from the Pakistan Stock Exchange (PSE) dated March 06, 2024, seeking clarification on the matter.

Kohinoor Power Company Limited clarified that it possesses no material or price-sensitive information that could have influenced the company’s market price or trading volume. The organization attributes the observed fluctuations solely to the general positivity within the stock market, indicating no internal developments or disclosures pending that would warrant the recent trading patterns.