Karachi: Dewan Automotive Engineering Limited (DWAE) has reported an unusual movement in its share prices, according to a recent correspondence with the Pakistan Stock Exchange (PSX). The company, in a statement dated November 6, 2026, addressed the fluctuations, stating that it does not control or influence its share prices or trading volumes on the stock exchanges.

The company emphasized its commitment to transparency and compliance, highlighting that it consistently discloses any material or price-sensitive information that could affect share prices or volumes, as mandated by the relevant regulations. Dewan Automotive reiterated its adherence to the Securities and Exchange Commission of Pakistan (SECP) regulations, ensuring all pertinent information is disclosed to the exchange and its members.

According to information available from the Pakistan Stock Exchange (PSX), the notable movement in DWAE's share prices has prompted inquiries. However, the company clarified that the reasons behind these fluctuations are not within its knowledge, attributing changes in market prices to the sentiments of buyers and sellers.

The market's reaction to DWAE's statement and the continued monitoring of its share price movements remain points of interest for stakeholders in the designated market category.