PSX extends trading suspension of five companies for 60 days
No company names or reasons for the continued halt were given in the report.
The Pakistan Stock Exchange (PSX) has extended the trading suspension of five listed companies for another 60 days, Pakistan Today reported on Monday.
The report, carried on the newspaper's Profit section, did not name the five companies or give the reasons for the continued suspension. No further details were immediately available about when the current suspension began or what regulatory action, if any, led to it.
Trading suspensions at the exchange are commonly imposed when listed companies fail to meet disclosure, listing, or other regulatory obligations. During a suspension, the exchange halts buying and selling in the affected shares to protect investors while the issue is resolved.
The extension keeps the shares of the five companies off the trading floor while the regulator's action continues. Investors holding the shares are unable to trade them on the PSX until the suspension is lifted or further extended.
PSX has not issued a separate public statement beyond the report, and Pakistan Today's headline did not carry company names. The exchange typically publishes notices on its website for corporate actions, but no such notice was attached to the report.
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