Unicap Modaraba Reports Unexplained Price and Volume Movements

Karachi: Unicap Modaraba has issued a statement in response to inquiries from the Pakistan Stock Exchange regarding unusual fluctuations in the price and trading volume of its certificates. The report, dated November 4, 2026, addresses concerns highlighted in a letter from the PSX, numbered PSX/Gen-1297, dated November 2, 2026.

In its communication, Unicap Modaraba has reaffirmed its previous response, initially submitted on October 20, 2026, and disseminated through the PSX’s Public Company Announcements and Reporting System (PUCARS). The management of Unicap Modaraba stated that, in compliance with Section 97(1)(b) of the Securities Act, 2015, and Regulation 5.6 0.3(a)(ii) of the PSX Regulations, there is no known material information, event, or development that could explain the observed unusual activity.

According to information available from the Pakistan Stock Exchange (PSX), no specific factors have been identified that might have contributed to the noted fluctuations. The PSX had sought clarification to ensure transparency and maintain investor confidence in the market.

The company’s management remains vigilant in monitoring the situation and assured that any relevant information, should it arise, will be promptly communicated in accordance with regulatory requirements. The market category for Unicap Modaraba falls under the financial services sector.