Karachi: JS Bank Limited has issued a response to the Pakistan Stock Exchange (PSX) concerning the notable fluctuations in its share price, as detailed in a letter dated July 23, 2025. The Bank has stated its unawareness of any developments or material information that would account for the recent significant movements in the share price.

The communication from JS Bank Limited comes in the context of compliance with Section 97 of the Securities Act 2015 and Clause 5.6.3 of the PSX Regulations. The Bank addressed the concerns raised by the PSX regarding the unusual movement in the share price during the previous period.

According to information available from the Pakistan Stock Exchange (PSX), the fluctuations observed in the Bank's share price have been categorized as a very large or significant move. Despite the absence of concrete internal developments, the Bank speculates that investor interest might have been driven by perceived variations in valuation.

JS Bank Limited has not identified any specific factors or events that could have contributed to the changes in price or trading volume. The Bank suggests that external perceptions and market dynamics could have played a role in influencing investor behavior during this period.

In light of the response, the Pakistan Stock Exchange continues to monitor the situation closely, while JS Bank Limited maintains its commitment to transparency and regulatory compliance within the designated market category.