Kohinoor Energy Claims No Price-Sensitive Information After Stock Fluctuations

Karachi: M/s Kohinoor Energy Limited (KOHE) has reported that it possesses no material or price-sensitive information that could impact its stock market performance, following unusual fluctuations in its share price and volume.

The statement was released in response to an inquiry from the Pakistan Stock Exchange (PSX), referencing their letter number PSXIGEN-1148 dated August 21, 2024. According to information available from the Pakistan Stock Exchange (PSX), the exchange sought clarification from Kohinoor Energy due to significant movements observed in the company’s shares.

Kohinoor Energy’s response aims to reassure investors and the market, clarifying that the recent unusual trading activity is not based on any undisclosed material information by the company.