Karachi: First Tri-Star Modaraba has stated that its business operations are proceeding as usual, with no developments or material information to report, despite a recent unusual movement in the trading volume of its certificates. This announcement comes in response to a letter from the Pakistan Stock Exchange (PSXGen-741) dated June 30, 2026.
According to information available from the Pakistan Stock Exchange (PSX), First Tri-Star Modaraba witnessed a significant change in the trading activity of its certificates. Despite this, the company maintains that there is no price-sensitive information or undisclosed events driving this unusual trading behavior.
The Modaraba has clarified that there is no known reason for the spike in trading volume, indicating that their operations remain stable and unaffected by this market activity. The company assures stakeholders that it continues to operate within the designated market category without any disruptions.
This statement, dated July 1, 2026, aims to address any concerns from investors and the broader market regarding potential undisclosed developments impacting the Modaraba's performance.