Karachi: Inquiries have been initiated into the unusual movement in the share price of First Credit and Investment Bank Ltd (FCIBL), as reported in a recent disclosure. The report, dated October 20, 2026, follows a communication from the Pakistan Stock Exchange (PSX) requesting clarification on the matter.

According to the correspondence referenced as PSX/Gen-1245, dated October 19, 2026, FCIBL has stated that it is not aware of any material or price-sensitive information that could have contributed to the unexpected changes in its stock price or trading volume. This clarification was made in compliance with Section 97 of the Securities Act, 2015, and Clause 5.6.3 of the PSX Regulations.

The designated market category for this inquiry is the Pakistan Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), FCIBL is committed to adhering to all regulatory requirements concerning the dissemination of material information and has affirmed its dedication to meeting these obligations.

As the situation unfolds, FCIBL maintains that it will continue to fully comply with applicable regulations to ensure transparency and maintain investor confidence. Further developments are anticipated as the PSX continues its review of the unusual trading activity associated with FCIBL shares.