Karachi: Asia Insurance Company Limited (ASIC) has come under scrutiny following an unusual fluctuation in its share prices, as observed by the Pakistan Stock Exchange (PSX). This development, dated December 11, 2025, has prompted the PSX to invoke Section 97 of the Securities Act, 2015, and clause 5.6.3 of the PSX Regulations, requiring listed companies to provide clarity on such movements.

The PSX has mandated ASIC to disclose any relevant information or developments that may be linked to the observed fluctuations in share prices. According to information available from the Pakistan Stock Exchange (PSX), these movements have been classified as significant, necessitating immediate disclosure under the exchange's regulatory framework.

ASIC is obliged to either provide details of any matter that could have contributed to the unusual price movements or to issue a statement declaring its unawareness of any such factors. The company has been advised to use the PUCARS system to furnish this information to ensure transparency and public dissemination.

This requirement is part of the broader PSX regulations which dictate that any material or price-sensitive information likely to affect share prices must be promptly shared with the public. ASIC's response to this inquiry is awaited as stakeholders and market participants remain vigilant for any forthcoming disclosures.