Karachi: In a recent development, JS Global Capital Limited announced that Ms. Rakshanda Malik, an executive of the company, has made a significant move in the stock market by purchasing shares of the company. This transaction was executed on January 9, 2025, as part of her ongoing investment strategy.

The transaction involved the acquisition of 700 shares at a rate of 126.86 per share. The purchase was conducted in the ready market, a segment that facilitates immediate trading of securities. This move brings Ms. Malik's cumulative shareholding in JS Global Capital Limited to 700 shares, which constitutes 0.003% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the purchase was executed in compliance with PSX Regulation 5.6.4, which mandates the disclosure of interest by relevant persons holding company shares. This regulation ensures transparency and accountability in the trading activities of company executives and other relevant persons.

The designated market category for this transaction is the Central Depository Company (CDC), which provides a secure and efficient platform for the settlement of securities traded on the exchange. This purchase by Ms. Malik reflects a continued confidence in the financial health and future prospects of JS Global Capital Limited.

This acquisition is a testament to the company's robust position in the market and the trust its executives have in its growth trajectory. As the financial year unfolds, stakeholders and investors alike will be keenly observing the implications of such transactions on the company's performance and stock market presence.