Karachi: In a notable series of transactions on September 2, 2024, Mrs. Noor Jehan Bano, the widow of a substantial shareholder of Trust Modaraba, Mr. Aslam Motiwala, executed the sale of 89,106 certificates. These sales were conducted through the Central Depository Company (CDC) in the 'Ready' market, demonstrating active trading involving significant figures from within the company's circle.

The transactions ranged in volume and rate: 5,100 certificates were sold at 5.51, 12,000 at 5.50, 7,900 at 5.49, and the largest block, 64,106 certificates, at a rate of 5.48. According to information available from the Pakistan Stock Exchange (PSX), the trading actions of significant stakeholders such as Mrs. Bano are closely monitored due to their potential impact on market perceptions and pricing.

These sales by a key figure associated with Trust Modaraba highlight ongoing financial movements within the company's trading activities. The PSX regulations ensure such transactions are transparent and disclosed timely to maintain market integrity and investor confidence.