Karachi: First Tri-Star Modaraba has reported an unusual movement in the volume of its traded certificates, despite no significant developments or price-sensitive information influencing the market activity, the company stated in a communication with the Pakistan Stock Exchange (PSX) on March 25, 2026.
First Tri-Star Modaraba, operating within the financial services sector, addressed the PSX in response to letter No. PSX/Gen-365 dated March 19, 2026. The company assured stakeholders that its business operations are proceeding as usual and that there are no undisclosed events or developments affecting its market performance. The response emphasized that the Modaraba is unaware of any specific reasons contributing to the heightened trading volume.
According to information available from the Pakistan Stock Exchange (PSX), the trading activity observed in the Modaraba’s certificates was not accompanied by any official announcements or notable changes from the company. This unexpected surge in volume has not been linked to any particular internal or external factor by the management, as per their statement.
The management expressed hope that this clarification would address any concerns related to the recent trading activity and reiterated their commitment to transparency and compliance with market regulations.