FHAM announces trading resumption for certificates on PSX

By MG News | Category Equity | May 07, 2024 at 11:47 AM GMT+05:00

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May 07, 2024 (MLN): First Habib Modaraba (PSX: FHAM) announced today that trading of the entity's certificates has resumed as of May 6, 2024.

This resumption follows the crediting of revised certificates by the CDC in the CDS system, which occurred subsequent to the consolidation of the face value.

The face value was determined to be twice the closing price of FHAM's certificates on the last trading day, April 24, 2024.

At the time of writing, the company's scrip is being traded at Rs15.55, up by 21 paisa or 1.37% compared to the last close.

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