PSX halts trading for three brokers over missing audits

MG News | November 11, 2024 at 10:28 AM GMT+05:00

0:00

November 11, 2024 (MLN): The Pakistan Stock Exchange (PSX) has immediately restricted the trading facilities of three brokers until further notice.

The local bourse cited the brokers' failure to submit their annual audited financial statements for the year ended June 30, 2024, despite the lapse of a seven-day notice period, as the reason for this action.

The affected brokers are:

Fairway Securities (Pvt.) Limited
MSD Capital Equities (Pvt.) Limited
Margalla Financial (Pvt.) Limited

20.15. “In case of non-compliance with regulation 4.26 of the Regulations, the CRO shall issue a notice of seven (7) days to the Securities Broker for ensuring compliance. Upon failure to comply, the CRO shall immediately restrict the trading facility of such Securities Broker……”

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,085.58 225.02M	0.48% 802.03
ALLSHR	101,220.72 683.76M	0.47% 477.65
KSE30	50,772.02 134.35M	0.57% 290.16
KMI30	239,923.35 144.81M	0.77% 1831.31
KMIALLSHR	66,042.80 345.01M	0.65% 425.34
BKTi	45,106.39 29.13M	0.06% 24.91
OGTi	33,583.05 26.42M	1.52% 502.39

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	91,860.00	92,995.00 91,310.00	-980.00 -1.06%
BRENT CRUDE	63.15	63.43 63.06	-0.11 -0.17%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	0.10 0.11%
ROTTERDAM COAL MONTHLY	97.00	0.00 0.00	-0.20 -0.21%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	59.51	59.78 59.42	-0.16 -0.27%
SUGAR #11 WORLD	14.98	15.02 14.82	0.10 0.67%