Karachi: An unusual fluctuation in the price and volume of certificates for First Treet Manufacturing Modaraba (FTMM) has prompted scrutiny under the regulations set forth by the Pakistan Stock Exchange (PSX) and the Securities Act, 2015. The price and volume shifts were reported on September 7, 2026, bringing attention to the company’s compliance with Section 97 of the Securities Act and Regulation 5.6.3 of the PSX Regulations.

FTMM management has stated that they are not aware of any undisclosed material information or developments that could explain the sudden changes in the trading patterns of its certificates. According to information available from the Pakistan Stock Exchange (PSX), there has been no indication of internal factors contributing to the unusual movement, leaving the circumstances surrounding the fluctuation unclear.

The company has reiterated its commitment to transparency, emphasizing that any material or price-sensitive information will be disclosed promptly, in accordance with existing laws and PSX Regulations. As stakeholders seek clarity, FTMM remains under observation by market regulators to ensure adherence to the standards required by the financial oversight bodies.