First Credit and Investment Bank Limited Responds to Unusual Share Price Movements

Karachi: In a statement issued on November 3, 2026, First Credit and Investment Bank Limited (FCIBL) addressed concerns regarding the recent unusual movement in the price and trading volume of its shares. The company clarified that it is not aware of any material or price-sensitive information that could have influenced the fluctuations.

The response from FCIBL came following a letter from the Pakistan Stock Exchange (PSX) dated November 2, 2026, which sought clarification on the subject. According to information available from the Pakistan Stock Exchange (PSX), there had been notable activity concerning FCIBL's shares, prompting the inquiry.

FCIBL emphasized its commitment to adhering to all regulatory requirements set forth under Section 97 of the Securities Act, 2015, and Clause 5.6.3 of the PSX Regulations. The bank assured stakeholders that it remains vigilant about its obligations to disseminate any material information and will continue to comply with all applicable guidelines.

The bank's statement underscores its proactive stance in maintaining transparency and compliance within the designated market category, assuring investors and regulators of its dedication to upholding integrity in all trading activities.