Karachi: Share certificates of prominent companies, which were previously reported lost, have now been recovered and are eligible for trading, market officials announced on Monday.
The companies whose share certificates have been found include Ghandhara Tyre and Rubber Company Limited, Oil & Gas Development Company Limited, and Habib Bank Limited. These developments may influence the designated market category as the certificates are once again available for transactions.
According to information available from the Pakistan Stock Exchange (PSX), the recovery of these certificates allows them to be included in market dealings. The details were officially communicated to the members of the exchange, ensuring that all trading parties are informed of the recent changes in share availability.
The recovered certificates are expected to re-enter market circulation, potentially impacting the trading volume and liquidity of the involved companies on the Pakistan Stock Exchange. Market analysts are closely monitoring the situation to assess any significant shifts in stock prices or trading activity resulting from the recovery of these share certificates.